LYV vs. SPY
Compare and contrast key facts about Live Nation Entertainment, Inc. (LYV) 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: LYV or SPY.
Correlation
The correlation between LYV and SPY is 0.55, 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
LYV vs. SPY - Performance Comparison
Key characteristics
LYV:
1.67
SPY:
1.88
LYV:
2.25
SPY:
2.51
LYV:
1.31
SPY:
1.35
LYV:
1.43
SPY:
2.83
LYV:
5.23
SPY:
11.89
LYV:
8.38%
SPY:
2.00%
LYV:
26.33%
SPY:
12.69%
LYV:
-89.94%
SPY:
-55.19%
LYV:
-6.59%
SPY:
-3.89%
Returns By Period
In the year-to-date period, LYV achieves a 1.37% return, which is significantly higher than SPY's -0.66% return. Over the past 10 years, LYV has outperformed SPY with an annualized return of 18.08%, while SPY has yielded a comparatively lower 13.18% annualized return.
LYV
1.37%
-3.44%
35.10%
44.80%
12.00%
18.08%
SPY
-0.66%
-3.32%
3.73%
23.70%
13.73%
13.18%
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Risk-Adjusted Performance
LYV vs. SPY — Risk-Adjusted Performance Rank
LYV
SPY
LYV vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Live Nation Entertainment, Inc. (LYV) 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
LYV vs. SPY - Dividend Comparison
LYV has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.21%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Live Nation Entertainment, 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% |
SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
LYV vs. SPY - Drawdown Comparison
The maximum LYV drawdown since its inception was -89.94%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LYV and SPY. For additional features, visit the drawdowns tool.
Volatility
LYV vs. SPY - Volatility Comparison
Live Nation Entertainment, Inc. (LYV) has a higher volatility of 5.36% compared to SPDR S&P 500 ETF (SPY) at 4.61%. This indicates that LYV'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.