PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
KGS vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

KGS vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kodiak Gas Services Inc. (KGS) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%JuneJulyAugustSeptemberOctoberNovember
178.79%
38.25%
KGS
SPY

Returns By Period

In the year-to-date period, KGS achieves a 113.15% return, which is significantly higher than SPY's 26.47% return.


KGS

YTD

113.15%

1M

33.10%

6M

55.53%

1Y

133.76%

5Y (annualized)

N/A

10Y (annualized)

N/A

SPY

YTD

26.47%

1M

3.03%

6M

13.19%

1Y

32.65%

5Y (annualized)

15.68%

10Y (annualized)

13.14%

Key characteristics


KGSSPY
Sharpe Ratio3.912.69
Sortino Ratio4.133.59
Omega Ratio1.581.50
Calmar Ratio9.613.88
Martin Ratio26.2817.47
Ulcer Index5.09%1.87%
Daily Std Dev34.25%12.14%
Max Drawdown-13.92%-55.19%
Current Drawdown-1.49%-0.54%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Correlation

-0.50.00.51.00.2

The correlation between KGS and SPY is 0.17, 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.

Risk-Adjusted Performance

KGS vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Kodiak Gas Services Inc. (KGS) 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.


Sharpe ratio
The chart of Sharpe ratio for KGS, currently valued at 3.91, compared to the broader market-4.00-2.000.002.004.003.912.69
The chart of Sortino ratio for KGS, currently valued at 4.13, compared to the broader market-4.00-2.000.002.004.004.133.59
The chart of Omega ratio for KGS, currently valued at 1.58, compared to the broader market0.501.001.502.001.581.50
The chart of Calmar ratio for KGS, currently valued at 9.61, compared to the broader market0.002.004.006.009.613.88
The chart of Martin ratio for KGS, currently valued at 26.28, compared to the broader market0.0010.0020.0030.0026.2817.47
KGS
SPY

The current KGS Sharpe Ratio is 3.91, which is higher than the SPY Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of KGS and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00Jul 07Jul 14Jul 21Jul 28Aug 04Aug 11Aug 18Aug 25SeptemberSep 08Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17
3.91
2.69
KGS
SPY

Dividends

KGS vs. SPY - Dividend Comparison

KGS's dividend yield for the trailing twelve months is around 3.91%, more than SPY's 1.18% yield.


TTM20232022202120202019201820172016201520142013
KGS
Kodiak Gas Services Inc.
3.91%1.89%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.18%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

KGS vs. SPY - Drawdown Comparison

The maximum KGS drawdown since its inception was -13.92%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for KGS and SPY. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.49%
-0.54%
KGS
SPY

Volatility

KGS vs. SPY - Volatility Comparison

Kodiak Gas Services Inc. (KGS) has a higher volatility of 10.16% compared to SPDR S&P 500 ETF (SPY) at 3.98%. This indicates that KGS'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.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
10.16%
3.98%
KGS
SPY