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LICY vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

LICY vs. SPY

Last updated May 20, 2025

Compare and contrast key facts about Li-Cycle Holdings Corp. (LICY) 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: LICY or SPY.

Correlation

The correlation between LICY and SPY is 0.34, 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

LICY vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Li-Cycle Holdings Corp. (LICY) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period

LICY

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

3Y*

N/A

5Y*

N/A

10Y*

N/A

SPY

YTD

1.80%

1M

13.00%

6M

1.78%

1Y

13.78%

3Y*

16.84%

5Y*

16.59%

10Y*

12.75%

*Annualized

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Li-Cycle Holdings Corp.

SPDR S&P 500 ETF

Risk-Adjusted Performance

LICY vs. SPY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
LICY
The Risk-Adjusted Performance Rank of LICY is 2323
Overall Rank
The Sharpe Ratio Rank of LICY is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of LICY is 2929
Sortino Ratio Rank
The Omega Ratio Rank of LICY is 3030
Omega Ratio Rank
The Calmar Ratio Rank of LICY is 77
Calmar Ratio Rank
The Martin Ratio Rank of LICY is 2323
Martin Ratio Rank
SPY
The Risk-Adjusted Performance Rank of SPY is 6767
Overall Rank
The Sharpe Ratio Rank of SPY is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 6464
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 6868
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 6868
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 6767
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

LICY vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Li-Cycle Holdings Corp. (LICY) 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.

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Dividends

LICY vs. SPY - Dividend Comparison

LICY has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.20%.

TTM20242023202220212020201920182017201620152014
LICY
Li-Cycle Holdings Corp.		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		1.20%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

LICY vs. SPY - Drawdown Comparison

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Volatility

LICY vs. SPY - Volatility Comparison

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