LCID vs. SPY
Compare and contrast key facts about Lucid Group, Inc. (LCID) 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: LCID or SPY.
Correlation
The correlation between LCID and SPY is 0.40, 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
LCID vs. SPY - Performance Comparison
Key characteristics
LCID:
-0.32
SPY:
2.12
LCID:
0.04
SPY:
2.83
LCID:
1.00
SPY:
1.40
LCID:
-0.27
SPY:
3.15
LCID:
-0.81
SPY:
13.87
LCID:
32.20%
SPY:
1.91%
LCID:
80.94%
SPY:
12.51%
LCID:
-96.54%
SPY:
-55.19%
LCID:
-94.49%
SPY:
-1.78%
Returns By Period
In the year-to-date period, LCID achieves a -23.99% return, which is significantly lower than SPY's 26.79% return.
LCID
-23.99%
47.47%
22.61%
-24.88%
N/A
N/A
SPY
26.79%
-0.30%
10.04%
26.42%
14.75%
13.08%
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Risk-Adjusted Performance
LCID vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lucid Group, Inc. (LCID) 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
LCID vs. SPY - Dividend Comparison
LCID has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LCID Lucid Group, Inc. | 0.00% | 0.00% | 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 | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
LCID vs. SPY - Drawdown Comparison
The maximum LCID drawdown since its inception was -96.54%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LCID and SPY. For additional features, visit the drawdowns tool.
Volatility
LCID vs. SPY - Volatility Comparison
Lucid Group, Inc. (LCID) has a higher volatility of 24.49% compared to SPDR S&P 500 ETF (SPY) at 4.07%. This indicates that LCID'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.