NHC vs. SPY
Compare and contrast key facts about National HealthCare Corporation (NHC) 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: NHC or SPY.
Correlation
The correlation between NHC 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
NHC vs. SPY - Performance Comparison
Key characteristics
NHC:
0.17
SPY:
-0.09
NHC:
0.44
SPY:
-0.02
NHC:
1.05
SPY:
1.00
NHC:
0.15
SPY:
-0.09
NHC:
0.31
SPY:
-0.45
NHC:
16.04%
SPY:
3.31%
NHC:
29.00%
SPY:
15.87%
NHC:
-94.71%
SPY:
-55.19%
NHC:
-31.09%
SPY:
-17.32%
Returns By Period
The year-to-date returns for both stocks are quite close, with NHC having a -13.07% return and SPY slightly lower at -13.53%. Over the past 10 years, NHC has underperformed SPY with an annualized return of 7.05%, while SPY has yielded a comparatively higher 11.25% annualized return.
NHC
-13.07%
0.15%
-23.57%
4.22%
9.41%
7.05%
SPY
-13.53%
-13.08%
-11.25%
-0.26%
17.01%
11.25%
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Risk-Adjusted Performance
NHC vs. SPY — Risk-Adjusted Performance Rank
NHC
SPY
NHC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for National HealthCare Corporation (NHC) 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
NHC vs. SPY - Dividend Comparison
NHC's dividend yield for the trailing twelve months is around 2.63%, more than SPY's 1.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NHC National HealthCare Corporation | 2.63% | 2.25% | 2.53% | 3.80% | 3.11% | 3.13% | 2.38% | 2.52% | 3.10% | 2.31% | 3.14% | 2.13% |
SPY SPDR S&P 500 ETF | 1.42% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
NHC vs. SPY - Drawdown Comparison
The maximum NHC drawdown since its inception was -94.71%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NHC and SPY. For additional features, visit the drawdowns tool.
Volatility
NHC vs. SPY - Volatility Comparison
The current volatility for National HealthCare Corporation (NHC) is 5.72%, while SPDR S&P 500 ETF (SPY) has a volatility of 9.29%. This indicates that NHC 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.