LOPE vs. SPY
Compare and contrast key facts about Grand Canyon Education, Inc. (LOPE) 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: LOPE or SPY.
Correlation
The correlation between LOPE and SPY is 0.40, 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
LOPE vs. SPY - Performance Comparison
Key characteristics
LOPE:
1.18
SPY:
0.30
LOPE:
2.03
SPY:
0.56
LOPE:
1.25
SPY:
1.08
LOPE:
2.16
SPY:
0.31
LOPE:
4.70
SPY:
1.40
LOPE:
7.09%
SPY:
4.18%
LOPE:
28.28%
SPY:
19.64%
LOPE:
-54.81%
SPY:
-55.19%
LOPE:
-6.92%
SPY:
-13.86%
Returns By Period
In the year-to-date period, LOPE achieves a 6.42% return, which is significantly higher than SPY's -9.91% return. Over the past 10 years, LOPE has outperformed SPY with an annualized return of 14.62%, while SPY has yielded a comparatively lower 11.54% annualized return.
LOPE
6.42%
2.48%
31.92%
37.10%
17.60%
14.62%
SPY
-9.91%
-6.63%
-9.38%
7.66%
15.04%
11.54%
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Risk-Adjusted Performance
LOPE vs. SPY — Risk-Adjusted Performance Rank
LOPE
SPY
LOPE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grand Canyon Education, Inc. (LOPE) 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
LOPE vs. SPY - Dividend Comparison
LOPE has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.36%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LOPE Grand Canyon Education, Inc. | 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 | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
LOPE vs. SPY - Drawdown Comparison
The maximum LOPE drawdown since its inception was -54.81%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LOPE and SPY. For additional features, visit the drawdowns tool.
Volatility
LOPE vs. SPY - Volatility Comparison
The current volatility for Grand Canyon Education, Inc. (LOPE) is 11.96%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that LOPE experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.