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:
0.85
SPY:
2.20
NLY:
1.22
SPY:
2.91
NLY:
1.15
SPY:
1.41
NLY:
0.51
SPY:
3.35
NLY:
4.16
SPY:
13.99
NLY:
3.81%
SPY:
2.01%
NLY:
18.74%
SPY:
12.79%
NLY:
-60.09%
SPY:
-55.19%
NLY:
-16.72%
SPY:
-1.35%
Returns By Period
In the year-to-date period, NLY achieves a 5.57% return, which is significantly higher than SPY's 1.96% return. Over the past 10 years, NLY has underperformed SPY with an annualized return of 4.57%, while SPY has yielded a comparatively higher 13.44% annualized return.
NLY
5.57%
6.24%
2.97%
15.16%
-0.84%
4.57%
SPY
1.96%
2.27%
9.55%
27.02%
14.23%
13.44%
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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 13.46%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NLY Annaly Capital Management, Inc. | 13.46% | 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 | 1.18% | 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
Annaly Capital Management, Inc. (NLY) has a higher volatility of 7.13% compared to SPDR S&P 500 ETF (SPY) at 5.10%. This indicates that NLY'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.