NLY vs. SPY
Compare and contrast key facts about Annaly Capital Management, Inc. (NLY) 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: NLY or SPY.
Correlation
The correlation between NLY 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
NLY vs. SPY - Performance Comparison
Key characteristics
NLY:
0.61
SPY:
-0.09
NLY:
0.94
SPY:
-0.02
NLY:
1.12
SPY:
1.00
NLY:
0.38
SPY:
-0.09
NLY:
3.34
SPY:
-0.45
NLY:
3.52%
SPY:
3.31%
NLY:
19.20%
SPY:
15.87%
NLY:
-60.09%
SPY:
-55.19%
NLY:
-15.99%
SPY:
-17.32%
Returns By Period
In the year-to-date period, NLY achieves a 6.50% return, which is significantly higher than SPY's -13.53% return. Over the past 10 years, NLY has underperformed SPY with an annualized return of 4.49%, while SPY has yielded a comparatively higher 11.17% annualized return.
NLY
6.50%
-10.80%
2.86%
12.12%
15.19%
4.49%
SPY
-13.53%
-12.00%
-11.25%
-1.30%
15.50%
11.17%
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Risk-Adjusted Performance
NLY vs. SPY — Risk-Adjusted Performance Rank
NLY
SPY
NLY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Annaly Capital Management, Inc. (NLY) 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
NLY vs. SPY - Dividend Comparison
NLY's dividend yield for the trailing twelve months is around 14.07%, more than SPY's 1.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NLY Annaly Capital Management, Inc. | 14.07% | 14.21% | 13.42% | 16.70% | 11.25% | 10.77% | 11.15% | 12.22% | 10.09% | 12.04% | 12.79% | 11.10% |
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
NLY vs. SPY - Drawdown Comparison
The maximum NLY drawdown since its inception was -60.09%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NLY and SPY. For additional features, visit the drawdowns tool.
Volatility
NLY vs. SPY - Volatility Comparison
The current volatility for Annaly Capital Management, Inc. (NLY) is 7.72%, while SPDR S&P 500 ETF (SPY) has a volatility of 9.29%. This indicates that NLY 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.