LOMA vs. SPY
LOMA (Loma Negra Compañía Industrial Argentina Sociedad Anónima) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, LOMA returned 16.54%/yr vs 13.05%/yr for SPY. Their 0.35 correlation means their historical movements had little consistent relationship.
Performance
LOMA vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, LOMA achieves a -11.89% return, which is significantly lower than SPY's 11.70% return.
LOMA
- 1D
- -0.61%
- 1M
- -2.98%
- 6M
- 0.97%
- YTD
- -11.89%
- 1Y
- -1.89%
- 3Y*
- 20.51%
- 5Y*
- 16.54%
- 10Y*
- —
- ALL TIME*
- -2.44%
SPY
- 1D
- 1.42%
- 1M
- 1.73%
- 6M
- 9.53%
- YTD
- 11.70%
- 1Y
- 23.22%
- 3Y*
- 20.74%
- 5Y*
- 13.05%
- 10Y*
- 15.09%
- ALL TIME*
- 10.83%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.90M | $4.05M | $4.81M | |
| $38.19B | $36.17B | $39.59B |
LOMA vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LOMA Loma Negra Compañía Industrial Argentina Sociedad Anónima | -11.89% | 8.46% | 68.41% | 21.03% | 26.57% | 8.46% | -16.62% | -29.74% | -51.69% | 6.42% |
SPY State Street SPDR S&P 500 ETF | 11.70% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 4.31% |
Correlation
The correlation between LOMA and SPY is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.36 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2017 | 0.35 |
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Return for Risk
LOMA vs. SPY — Risk / Return Rank
LOMA
SPY
LOMA vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) and State Street 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LOMA | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.85 | ||
| Sortino ratioReturn per unit of downside risk | -2.07 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.32 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 2.62 | -2.67 |
| Martin ratioReturn relative to average drawdown | -0.10 | 11.20 | -11.29 |
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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.
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Drawdown Indicators
| LOMA | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.17% | -55.19% | -31.98% |
Max Drawdown (1Y)Largest decline over 1 year | -42.87% | -8.88% | -33.99% |
Max Drawdown (3Y)Largest decline over 3 years | -48.26% | -18.76% | -29.50% |
Max Drawdown (5Y)Largest decline over 5 years | -48.26% | -24.50% | -23.76% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.72% | — |
Current DrawdownCurrent decline from peak | -30.33% | 0.00% | -30.33% |
Average DrawdownAverage peak-to-trough decline | -56.54% | -9.01% | -47.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.30% | 2.08% | +17.22% |
Volatility
LOMA vs. SPY - Volatility Comparison
Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) has a higher volatility of 12.95% compared to State Street SPDR S&P 500 ETF (SPY) at 3.84%. 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.
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Volatility by Period
| LOMA | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.95% | 3.84% | +9.11% |
Volatility (6M)Calculated over the trailing 6-month period | 33.37% | 10.23% | +23.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.73% | 12.87% | +45.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.42% | 17.19% | +29.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.13% | 17.96% | +37.17% |
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 0.99%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LOMA Loma Negra Compañía Industrial Argentina Sociedad Anónima | 0.00% | 0.00% | 0.00% | 14.64% | 15.68% | 0.00% | 4.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY State Street SPDR S&P 500 ETF | 0.99% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Frequently Asked Questions
LOMA and SPY have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LOMA has higher volatility (12.95%) compared to SPY (3.84%). In terms of maximum drawdown, LOMA dropped -87.17% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (1.82 vs -0.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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