NLOP vs. SPY
Compare and contrast key facts about Net Lease Office Properties (NLOP) 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: NLOP or SPY.
Correlation
The correlation between NLOP and SPY is 0.27, 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
NLOP vs. SPY - Performance Comparison
Key characteristics
NLOP:
0.89
SPY:
1.91
NLOP:
1.51
SPY:
2.57
NLOP:
1.16
SPY:
1.35
NLOP:
1.49
SPY:
2.88
NLOP:
3.18
SPY:
11.96
NLOP:
8.56%
SPY:
2.03%
NLOP:
30.49%
SPY:
12.68%
NLOP:
-18.99%
SPY:
-55.19%
NLOP:
0.00%
SPY:
0.00%
Returns By Period
In the year-to-date period, NLOP achieves a 6.54% return, which is significantly higher than SPY's 4.34% return.
NLOP
6.54%
4.92%
10.43%
22.88%
N/A
N/A
SPY
4.34%
2.33%
10.15%
23.99%
14.44%
13.21%
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Risk-Adjusted Performance
NLOP vs. SPY — Risk-Adjusted Performance Rank
NLOP
SPY
NLOP vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Net Lease Office Properties (NLOP) 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
NLOP vs. SPY - Dividend Comparison
NLOP has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NLOP Net Lease Office Properties | 0.00% | 0.00% | 1.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
NLOP vs. SPY - Drawdown Comparison
The maximum NLOP drawdown since its inception was -18.99%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NLOP and SPY. For additional features, visit the drawdowns tool.
Volatility
NLOP vs. SPY - Volatility Comparison
Net Lease Office Properties (NLOP) has a higher volatility of 6.78% compared to SPDR S&P 500 ETF (SPY) at 3.13%. This indicates that NLOP'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.