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:
0.58
SPY:
2.29
NHC:
1.00
SPY:
3.04
NHC:
1.12
SPY:
1.43
NHC:
0.90
SPY:
3.40
NHC:
2.25
SPY:
15.01
NHC:
7.43%
SPY:
1.90%
NHC:
28.70%
SPY:
12.46%
NHC:
-94.71%
SPY:
-55.19%
NHC:
-18.44%
SPY:
-0.74%
Returns By Period
In the year-to-date period, NHC achieves a 22.49% return, which is significantly lower than SPY's 28.13% return. Over the past 10 years, NHC has underperformed SPY with an annualized return of 8.78%, while SPY has yielded a comparatively higher 13.16% annualized return.
NHC
22.49%
-12.01%
5.26%
16.73%
8.99%
8.78%
SPY
28.13%
1.31%
11.08%
28.58%
15.00%
13.16%
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Risk-Adjusted Performance
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 2.16%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NHC National HealthCare Corporation | 2.16% | 2.53% | 3.80% | 3.11% | 3.13% | 2.38% | 2.52% | 3.10% | 2.31% | 3.14% | 2.13% | 2.34% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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
National HealthCare Corporation (NHC) has a higher volatility of 7.37% compared to SPDR S&P 500 ETF (SPY) at 3.97%. This indicates that NHC'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.