KGC vs. SPY
Compare and contrast key facts about Kinross Gold Corporation (KGC) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KGC or SPY.
Correlation
The correlation between KGC and SPY is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
KGC vs. SPY - Performance Comparison
Key characteristics
KGC:
2.04
SPY:
2.05
KGC:
2.56
SPY:
2.73
KGC:
1.32
SPY:
1.38
KGC:
1.02
SPY:
3.11
KGC:
12.98
SPY:
13.02
KGC:
6.47%
SPY:
2.01%
KGC:
41.17%
SPY:
12.77%
KGC:
-96.04%
SPY:
-55.19%
KGC:
-61.73%
SPY:
-2.33%
Returns By Period
In the year-to-date period, KGC achieves a 10.36% return, which is significantly higher than SPY's 0.95% return. Over the past 10 years, KGC has underperformed SPY with an annualized return of 12.18%, while SPY has yielded a comparatively higher 13.35% annualized return.
KGC
10.36%
6.90%
15.19%
90.79%
20.15%
12.18%
SPY
0.95%
-1.76%
7.74%
26.88%
14.01%
13.35%
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Risk-Adjusted Performance
KGC vs. SPY — Risk-Adjusted Performance Rank
KGC
SPY
KGC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinross Gold Corporation (KGC) and SPDR S&P 500 ETF (SPY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
KGC vs. SPY - Dividend Comparison
KGC's dividend yield for the trailing twelve months is around 0.88%, less than SPY's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KGC Kinross Gold Corporation | 0.88% | 0.97% | 1.98% | 2.93% | 2.07% | 0.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
KGC vs. SPY - Drawdown Comparison
The maximum KGC drawdown since its inception was -96.04%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for KGC and SPY. For additional features, visit the drawdowns tool.
Volatility
KGC vs. SPY - Volatility Comparison
Kinross Gold Corporation (KGC) has a higher volatility of 13.56% compared to SPDR S&P 500 ETF (SPY) at 5.01%. This indicates that KGC's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.