NHI vs. SPY
Compare and contrast key facts about National Health Investors, Inc. (NHI) 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: NHI or SPY.
Correlation
The correlation between NHI and SPY is 0.38, 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
NHI vs. SPY - Performance Comparison
Key characteristics
NHI:
1.44
SPY:
2.18
NHI:
2.01
SPY:
2.88
NHI:
1.25
SPY:
1.40
NHI:
1.17
SPY:
3.30
NHI:
4.30
SPY:
13.79
NHI:
7.07%
SPY:
2.01%
NHI:
21.11%
SPY:
12.78%
NHI:
-83.30%
SPY:
-55.19%
NHI:
-17.03%
SPY:
0.00%
Returns By Period
In the year-to-date period, NHI achieves a -0.46% return, which is significantly lower than SPY's 4.04% return. Over the past 10 years, NHI has underperformed SPY with an annualized return of 4.99%, while SPY has yielded a comparatively higher 13.49% annualized return.
NHI
-0.46%
0.74%
-4.44%
34.67%
1.97%
4.99%
SPY
4.04%
1.41%
13.98%
27.23%
14.93%
13.49%
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Risk-Adjusted Performance
NHI vs. SPY — Risk-Adjusted Performance Rank
NHI
SPY
NHI vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for National Health Investors, Inc. (NHI) 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
NHI vs. SPY - Dividend Comparison
NHI's dividend yield for the trailing twelve months is around 5.22%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NHI National Health Investors, Inc. | 5.22% | 5.19% | 6.45% | 6.89% | 6.62% | 6.38% | 5.15% | 5.30% | 5.04% | 4.85% | 5.59% | 4.40% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
NHI vs. SPY - Drawdown Comparison
The maximum NHI drawdown since its inception was -83.30%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NHI and SPY. For additional features, visit the drawdowns tool.
Volatility
NHI vs. SPY - Volatility Comparison
National Health Investors, Inc. (NHI) has a higher volatility of 6.73% compared to SPDR S&P 500 ETF (SPY) at 4.11%. This indicates that NHI'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.