LOMA vs. SPY
Compare and contrast key facts about Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) 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: LOMA or SPY.
Correlation
The correlation between LOMA 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
LOMA vs. SPY - Performance Comparison
Key characteristics
LOMA:
1.73
SPY:
2.21
LOMA:
2.51
SPY:
2.93
LOMA:
1.29
SPY:
1.41
LOMA:
1.16
SPY:
3.26
LOMA:
8.81
SPY:
14.43
LOMA:
8.28%
SPY:
1.90%
LOMA:
42.29%
SPY:
12.41%
LOMA:
-87.17%
SPY:
-55.19%
LOMA:
-28.22%
SPY:
-2.74%
Returns By Period
In the year-to-date period, LOMA achieves a 66.15% return, which is significantly higher than SPY's 25.54% return.
LOMA
66.15%
6.80%
71.97%
68.53%
19.63%
N/A
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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Risk-Adjusted Performance
LOMA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) 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
LOMA vs. SPY - Dividend Comparison
LOMA has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.86%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LOMA Loma Negra Compañía Industrial Argentina Sociedad Anónima | 0.00% | 14.64% | 15.68% | 0.00% | 4.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
LOMA vs. SPY - Drawdown Comparison
The maximum LOMA drawdown since its inception was -87.17%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LOMA and SPY. For additional features, visit the drawdowns tool.
Volatility
LOMA vs. SPY - Volatility Comparison
Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) has a higher volatility of 19.45% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that LOMA'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.