KLYCY vs. SPY

Last updated Jul 17, 2026

KLYCY (Kunlun Energy Co Ltd PK) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, KLYCY returned 14.22%/yr vs 15.08%/yr for SPY. At a 0.09 correlation, their price movements are largely independent.

Performance

KLYCY vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kunlun Energy Co Ltd PK (KLYCY) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KLYCY achieves a -6.03% return, which is significantly lower than SPY's 10.67% return. Over the past 10 years, KLYCY has underperformed SPY with an annualized return of 14.22%, while SPY has yielded a comparatively higher 15.08% annualized return.

KLYCY

• 1D: 8.61%
• 1M: 6.20%
• 6M: -1.13%
• YTD: -6.03%
• 1Y: -3.10%
• 3Y*: 11.09%
• 5Y*: 8.98%
• 10Y*: 14.22%

SPY

• 1D: -0.54%
• 1M: 0.31%
• 6M: 9.02%
• YTD: 10.67%
• 1Y: 21.60%
• 3Y*: 20.01%
• 5Y*: 13.24%
• 10Y*: 15.08%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KLYCY vs. SPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KLYCY Kunlun Energy Co Ltd PK	-6.03%	-6.12%	31.12%	30.47%	-17.04%	111.26%	8.78%	-11.85%	4.26%	42.31%
SPY State Street SPDR S&P 500 ETF	10.67%	17.72%	24.89%	26.18%	-18.18%	28.73%	18.33%	31.22%	-4.57%	21.71%

Correlation

The correlation between KLYCY and SPY is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.01
Correlation (10Y) Calculated over the trailing 10-year period	0.03
Correlation (All Time) Calculated using the full available price history since Mar 29, 2012	0.09

The correlation between KLYCY and SPY shifts across timeframes, from -0.03 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.

Return for Risk

KLYCY vs. SPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KLYCY

KLYCY Risk / Return Rank: 41
KLYCY Sharpe Ratio Rank: 41
KLYCY Sortino Ratio Rank: 39
KLYCY Omega Ratio Rank: 43
KLYCY Calmar Ratio Rank: 42
KLYCY Martin Ratio Rank: 41

SPY

SPY Risk / Return Rank: 65
SPY Sharpe Ratio Rank: 65
SPY Sortino Ratio Rank: 63
SPY Omega Ratio Rank: 65
SPY Calmar Ratio Rank: 61
SPY Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KLYCY vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kunlun Energy Co Ltd PK (KLYCY) and State Street 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	KLYCY	SPY	Difference
Sharpe ratio: Return per unit of total volatility	-0.07	1.72	-1.79
Sortino ratio: Return per unit of downside risk	0.24	2.38	-2.14
Omega ratio: Gain probability vs. loss probability	1.05	1.31	-0.27
Calmar ratio: Return relative to maximum drawdown	-0.10	2.44	-2.54
Martin ratio: Return relative to average drawdown	-0.24	10.63	-10.87

KLYCY vs. SPY - Sharpe Ratio Comparison

The current KLYCY Sharpe Ratio is -0.07, which is lower than the SPY Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of KLYCY and SPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KLYCY vs. SPY - Drawdown Comparison

The maximum KLYCY drawdown since its inception was -75.52%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for KLYCY and SPY.

Drawdown Indicators

	KLYCY	SPY	Difference
Max Drawdown Largest peak-to-trough decline	-75.52%	-55.19%	-20.33%
Max Drawdown (1Y) Largest decline over 1 year	-31.75%	-8.88%	-22.87%
Max Drawdown (3Y) Largest decline over 3 years	-31.75%	-18.76%	-12.99%
Max Drawdown (5Y) Largest decline over 5 years	-44.78%	-24.50%	-20.28%
Max Drawdown (10Y) Largest decline over 10 years	-59.95%	-33.72%	-26.23%
Current Drawdown Current decline from peak	-20.90%	-0.91%	-19.99%
Average Drawdown Average peak-to-trough decline	-34.95%	-9.02%	-25.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.90%	2.04%	+10.86%

Volatility

KLYCY vs. SPY - Volatility Comparison

Kunlun Energy Co Ltd PK (KLYCY) has a higher volatility of 20.36% compared to State Street SPDR S&P 500 ETF (SPY) at 3.58%. This indicates that KLYCY'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.

Volatility by Period

	KLYCY	SPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.36%	3.58%	+16.78%
Volatility (6M) Calculated over the trailing 6-month period	41.62%	10.02%	+31.60%
Volatility (1Y) Calculated over the trailing 1-year period	47.46%	12.58%	+34.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.56%	17.17%	+36.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.72%	17.93%	+36.79%

Dividends

KLYCY vs. SPY - Dividend Comparison

KLYCY's dividend yield for the trailing twelve months is around 4.96%, more than SPY's 1.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KLYCY Kunlun Energy Co Ltd PK	4.96%	4.38%	5.66%	4.13%	4.57%	80.06%	3.27%	3.32%	2.80%	1.69%	2.01%	2.53%
SPY State Street SPDR S&P 500 ETF	1.00%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%

Frequently Asked Questions

Can I hold both KLYCY and SPY in my portfolio?

KLYCY and SPY have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KLYCY or SPY?

KLYCY has higher volatility (20.36%) compared to SPY (3.58%). In terms of maximum drawdown, KLYCY dropped -75.52% vs SPY's -55.19%.

Which has better risk-adjusted returns?

SPY currently has the higher Sharpe Ratio (1.72 vs -0.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.