LEN vs. SPY
Compare and contrast key facts about Lennar Corporation (LEN) 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: LEN or SPY.
Correlation
The correlation between LEN and SPY is 0.48, 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
LEN vs. SPY - Performance Comparison
Key characteristics
LEN:
-0.15
SPY:
2.21
LEN:
-0.00
SPY:
2.93
LEN:
1.00
SPY:
1.41
LEN:
-0.17
SPY:
3.26
LEN:
-0.58
SPY:
14.43
LEN:
8.20%
SPY:
1.90%
LEN:
31.04%
SPY:
12.41%
LEN:
-94.28%
SPY:
-55.19%
LEN:
-28.05%
SPY:
-2.74%
Returns By Period
In the year-to-date period, LEN achieves a -6.16% return, which is significantly lower than SPY's 25.54% return. Both investments have delivered pretty close results over the past 10 years, with LEN having a 13.41% annualized return and SPY not far behind at 12.97%.
LEN
-6.16%
-17.92%
-8.32%
-5.44%
21.11%
13.41%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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Risk-Adjusted Performance
LEN vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lennar Corporation (LEN) 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
LEN vs. SPY - Dividend Comparison
LEN's dividend yield for the trailing twelve months is around 1.45%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LEN Lennar Corporation | 1.45% | 1.01% | 1.66% | 0.86% | 0.82% | 0.29% | 0.41% | 0.25% | 0.37% | 0.33% | 0.36% | 0.40% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
LEN vs. SPY - Drawdown Comparison
The maximum LEN drawdown since its inception was -94.28%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LEN and SPY. For additional features, visit the drawdowns tool.
Volatility
LEN vs. SPY - Volatility Comparison
Lennar Corporation (LEN) has a higher volatility of 10.23% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that LEN'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.