KVUE vs. SPY
Compare and contrast key facts about Kenvue Inc. (KVUE) 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: KVUE or SPY.
Correlation
The correlation between KVUE and SPY is 0.20, 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
KVUE vs. SPY - Performance Comparison
Key characteristics
KVUE:
1.01
SPY:
0.60
KVUE:
1.80
SPY:
0.98
KVUE:
1.22
SPY:
1.15
KVUE:
0.85
SPY:
0.64
KVUE:
3.72
SPY:
2.53
KVUE:
7.57%
SPY:
4.77%
KVUE:
27.91%
SPY:
20.03%
KVUE:
-33.22%
SPY:
-55.19%
KVUE:
-8.27%
SPY:
-8.56%
Returns By Period
In the year-to-date period, KVUE achieves a 11.49% return, which is significantly higher than SPY's -4.37% return.
KVUE
11.49%
5.55%
3.36%
28.41%
N/A
N/A
SPY
-4.37%
10.59%
-2.49%
9.55%
15.94%
12.15%
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Risk-Adjusted Performance
KVUE vs. SPY — Risk-Adjusted Performance Rank
KVUE
SPY
KVUE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kenvue Inc. (KVUE) 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
KVUE vs. SPY - Dividend Comparison
KVUE's dividend yield for the trailing twelve months is around 3.46%, more than SPY's 1.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KVUE Kenvue Inc. | 3.46% | 3.79% | 1.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.28% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
KVUE vs. SPY - Drawdown Comparison
The maximum KVUE drawdown since its inception was -33.22%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for KVUE and SPY. For additional features, visit the drawdowns tool.
Volatility
KVUE vs. SPY - Volatility Comparison
The current volatility for Kenvue Inc. (KVUE) is 9.02%, while SPDR S&P 500 ETF (SPY) has a volatility of 12.57%. This indicates that KVUE experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.