LGEN.L vs. SPY
Compare and contrast key facts about Legal & General Group plc (LGEN.L) 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: LGEN.L or SPY.
Key characteristics
| LGEN.L | SPY | |
|---|---|---|
| YTD Return | -5.29% | 26.49% |
| 1Y Return | 7.75% | 38.06% |
| 3Y Return (Ann) | -1.84% | 9.93% |
| 5Y Return (Ann) | 3.57% | 15.84% |
| 10Y Return (Ann) | 5.98% | 13.32% |
| Sharpe Ratio | 0.35 | 3.11 |
| Sortino Ratio | 0.61 | 4.14 |
| Omega Ratio | 1.07 | 1.58 |
| Calmar Ratio | 0.40 | 4.54 |
| Martin Ratio | 0.96 | 20.57 |
| Ulcer Index | 6.98% | 1.86% |
| Daily Std Dev | 18.86% | 12.29% |
| Max Drawdown | -85.42% | -55.19% |
| Current Drawdown | -12.13% | 0.00% |
Correlation
The correlation between LGEN.L and SPY is 0.32, 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
LGEN.L vs. SPY - Performance Comparison
In the year-to-date period, LGEN.L achieves a -5.29% return, which is significantly lower than SPY's 26.49% return. Over the past 10 years, LGEN.L has underperformed SPY with an annualized return of 5.98%, while SPY has yielded a comparatively higher 13.32% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
LGEN.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Legal & General Group plc (LGEN.L) 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
LGEN.L vs. SPY - Dividend Comparison
LGEN.L's dividend yield for the trailing twelve months is around 9.46%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LGEN.L Legal & General Group plc | 9.46% | 7.82% | 7.50% | 5.99% | 6.60% | 5.53% | 6.77% | 5.36% | 5.63% | 4.41% | 3.94% | 3.63% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
LGEN.L vs. SPY - Drawdown Comparison
The maximum LGEN.L drawdown since its inception was -85.42%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LGEN.L and SPY. For additional features, visit the drawdowns tool.
Volatility
LGEN.L vs. SPY - Volatility Comparison
Legal & General Group plc (LGEN.L) has a higher volatility of 5.27% compared to SPDR S&P 500 ETF (SPY) at 3.95%. This indicates that LGEN.L'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.