PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
NICE vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NICE and SPY is 0.45, 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.


-0.50.00.51.00.5

Performance

NICE vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NICE Ltd. (NICE) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

1,500.00%2,000.00%2,500.00%3,000.00%3,500.00%4,000.00%JulyAugustSeptemberOctoberNovemberDecember
3,605.14%
1,488.46%
NICE
SPY

Key characteristics

Sharpe Ratio

NICE:

-0.31

SPY:

2.21

Sortino Ratio

NICE:

-0.19

SPY:

2.93

Omega Ratio

NICE:

0.97

SPY:

1.41

Calmar Ratio

NICE:

-0.22

SPY:

3.26

Martin Ratio

NICE:

-0.43

SPY:

14.43

Ulcer Index

NICE:

26.11%

SPY:

1.90%

Daily Std Dev

NICE:

36.36%

SPY:

12.41%

Max Drawdown

NICE:

-93.23%

SPY:

-55.19%

Current Drawdown

NICE:

-44.12%

SPY:

-2.74%

Returns By Period

In the year-to-date period, NICE achieves a -11.77% return, which is significantly lower than SPY's 25.54% return. Both investments have delivered pretty close results over the past 10 years, with NICE having a 13.42% annualized return and SPY not far behind at 12.97%.


NICE

YTD

-11.77%

1M

2.95%

6M

6.89%

1Y

-12.45%

5Y*

2.40%

10Y*

13.42%

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

NICE vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NICE Ltd. (NICE) 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.


Sharpe ratio
The chart of Sharpe ratio for NICE, currently valued at -0.31, compared to the broader market-4.00-2.000.002.00-0.312.21
The chart of Sortino ratio for NICE, currently valued at -0.19, compared to the broader market-4.00-2.000.002.004.00-0.192.93
The chart of Omega ratio for NICE, currently valued at 0.97, compared to the broader market0.501.001.502.000.971.41
The chart of Calmar ratio for NICE, currently valued at -0.22, compared to the broader market0.002.004.006.00-0.223.26
The chart of Martin ratio for NICE, currently valued at -0.43, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.4314.43
NICE
SPY

The current NICE Sharpe Ratio is -0.31, which is lower than the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of NICE and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.31
2.21
NICE
SPY

Dividends

NICE vs. SPY - Dividend Comparison

NICE has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.86%.


TTM20232022202120202019201820172016201520142013
NICE
NICE Ltd.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.17%0.93%1.12%1.26%1.17%
SPY
SPDR S&P 500 ETF
0.86%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

NICE vs. SPY - Drawdown Comparison

The maximum NICE drawdown since its inception was -93.23%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NICE and SPY. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-44.12%
-2.74%
NICE
SPY

Volatility

NICE vs. SPY - Volatility Comparison

NICE Ltd. (NICE) has a higher volatility of 11.44% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that NICE'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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
11.44%
3.72%
NICE
SPY
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab