KTB vs. SPY
Compare and contrast key facts about Kontoor Brands, Inc. (KTB) 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: KTB or SPY.
Key characteristics
| KTB | SPY | |
|---|---|---|
| YTD Return | 10.15% | 9.92% |
| 1Y Return | 76.75% | 28.21% |
| 3Y Return (Ann) | 6.52% | 9.55% |
| 5Y Return (Ann) | 14.95% | 14.41% |
| Sharpe Ratio | 2.02 | 2.43 |
| Daily Std Dev | 37.49% | 11.50% |
| Max Drawdown | -67.20% | -55.19% |
| Current Drawdown | -0.86% | -0.45% |
Correlation
The correlation between KTB and SPY is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
KTB vs. SPY - Performance Comparison
The year-to-date returns for both stocks are quite close, with KTB having a 10.15% return and SPY slightly lower at 9.92%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
KTB vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kontoor Brands, Inc. (KTB) 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
KTB vs. SPY - Dividend Comparison
KTB's dividend yield for the trailing twelve months is around 2.87%, more than SPY's 1.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KTB Kontoor Brands, Inc. | 2.87% | 3.11% | 4.65% | 3.24% | 2.37% | 2.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.29% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
KTB vs. SPY - Drawdown Comparison
The maximum KTB drawdown since its inception was -67.20%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for KTB and SPY. For additional features, visit the drawdowns tool.
Volatility
KTB vs. SPY - Volatility Comparison
Kontoor Brands, Inc. (KTB) has a higher volatility of 11.06% compared to SPDR S&P 500 ETF (SPY) at 3.91%. This indicates that KTB'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.