KYN vs. SPY
Compare and contrast key facts about Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) 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: KYN or SPY.
Correlation
The correlation between KYN and SPY is 0.40, 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
KYN vs. SPY - Performance Comparison
Key characteristics
KYN:
2.22
SPY:
0.62
KYN:
3.02
SPY:
0.90
KYN:
1.37
SPY:
1.12
KYN:
1.06
SPY:
0.86
KYN:
11.15
SPY:
2.84
KYN:
3.74%
SPY:
3.03%
KYN:
18.84%
SPY:
13.88%
KYN:
-91.43%
SPY:
-55.19%
KYN:
-10.33%
SPY:
-8.20%
Returns By Period
In the year-to-date period, KYN achieves a 3.31% return, which is significantly higher than SPY's -4.00% return. Over the past 10 years, KYN has underperformed SPY with an annualized return of 0.21%, while SPY has yielded a comparatively higher 12.47% annualized return.
KYN
3.31%
1.57%
18.95%
42.47%
41.07%
0.21%
SPY
-4.00%
-5.31%
-0.72%
8.80%
19.18%
12.47%
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Risk-Adjusted Performance
KYN vs. SPY — Risk-Adjusted Performance Rank
KYN
SPY
KYN vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) 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
KYN vs. SPY - Dividend Comparison
KYN's dividend yield for the trailing twelve months is around 7.71%, more than SPY's 1.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KYN Kayne Anderson Energy Infrastructure Fund, Inc. | 7.71% | 8.34% | 9.45% | 9.05% | 6.42% | 16.17% | 10.34% | 14.17% | 9.97% | 11.24% | 15.21% | 6.61% |
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
KYN vs. SPY - Drawdown Comparison
The maximum KYN drawdown since its inception was -91.43%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for KYN and SPY. For additional features, visit the drawdowns tool.
Volatility
KYN vs. SPY - Volatility Comparison
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) and SPDR S&P 500 ETF (SPY) have volatilities of 6.10% and 5.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.