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:
1.27
SPY:
2.03
KGC:
1.81
SPY:
2.71
KGC:
1.23
SPY:
1.38
KGC:
0.62
SPY:
3.02
KGC:
6.36
SPY:
13.49
KGC:
8.08%
SPY:
1.88%
KGC:
40.55%
SPY:
12.48%
KGC:
-96.04%
SPY:
-55.19%
KGC:
-66.22%
SPY:
-3.54%
Returns By Period
In the year-to-date period, KGC achieves a 51.15% return, which is significantly higher than SPY's 24.51% return. Both investments have delivered pretty close results over the past 10 years, with KGC having a 13.15% annualized return and SPY not far behind at 12.94%.
KGC
51.15%
-7.38%
20.63%
47.97%
18.48%
13.15%
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
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 1.00%, more than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KGC Kinross Gold Corporation | 1.00% | 1.98% | 2.93% | 2.07% | 0.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.83% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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 12.55% compared to SPDR S&P 500 ETF (SPY) at 3.64%. 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.