NBTB vs. SPY
Compare and contrast key facts about NBT Bancorp Inc. (NBTB) 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: NBTB or SPY.
Correlation
The correlation between NBTB and SPY is 0.44, 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
NBTB vs. SPY - Performance Comparison
Key characteristics
NBTB:
1.24
SPY:
1.87
NBTB:
2.01
SPY:
2.52
NBTB:
1.24
SPY:
1.35
NBTB:
1.42
SPY:
2.81
NBTB:
5.95
SPY:
11.69
NBTB:
6.57%
SPY:
2.02%
NBTB:
31.55%
SPY:
12.65%
NBTB:
-57.55%
SPY:
-55.19%
NBTB:
-8.29%
SPY:
0.00%
Returns By Period
In the year-to-date period, NBTB achieves a 0.48% return, which is significantly lower than SPY's 4.58% return. Over the past 10 years, NBTB has underperformed SPY with an annualized return of 10.30%, while SPY has yielded a comparatively higher 13.23% annualized return.
NBTB
0.48%
0.27%
5.09%
42.58%
7.46%
10.30%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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Risk-Adjusted Performance
NBTB vs. SPY — Risk-Adjusted Performance Rank
NBTB
SPY
NBTB vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NBT Bancorp Inc. (NBTB) 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
NBTB vs. SPY - Dividend Comparison
NBTB's dividend yield for the trailing twelve months is around 2.75%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBTB NBT Bancorp Inc. | 2.75% | 2.76% | 2.96% | 2.67% | 2.86% | 3.36% | 2.59% | 2.86% | 2.50% | 2.15% | 3.12% | 3.20% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
NBTB vs. SPY - Drawdown Comparison
The maximum NBTB drawdown since its inception was -57.55%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NBTB and SPY. For additional features, visit the drawdowns tool.
Volatility
NBTB vs. SPY - Volatility Comparison
NBT Bancorp Inc. (NBTB) has a higher volatility of 8.57% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that NBTB'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.