NOW vs. SPY
Compare and contrast key facts about ServiceNow, Inc. (NOW) 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: NOW or SPY.
Performance
NOW vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, NOW achieves a 48.20% return, which is significantly higher than SPY's 26.08% return. Over the past 10 years, NOW has outperformed SPY with an annualized return of 32.32%, while SPY has yielded a comparatively lower 13.10% annualized return.
NOW
48.20%
14.06%
38.11%
56.36%
30.27%
32.32%
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| NOW | SPY | |
|---|---|---|
| Sharpe Ratio | 1.70 | 2.70 |
| Sortino Ratio | 2.24 | 3.60 |
| Omega Ratio | 1.32 | 1.50 |
| Calmar Ratio | 2.71 | 3.90 |
| Martin Ratio | 9.14 | 17.52 |
| Ulcer Index | 6.20% | 1.87% |
| Daily Std Dev | 33.24% | 12.14% |
| Max Drawdown | -51.30% | -55.19% |
| Current Drawdown | -0.12% | -0.85% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between NOW and SPY is 0.56, 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.
Risk-Adjusted Performance
NOW vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ServiceNow, Inc. (NOW) 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
NOW vs. SPY - Dividend Comparison
NOW has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOW ServiceNow, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
NOW vs. SPY - Drawdown Comparison
The maximum NOW drawdown since its inception was -51.30%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NOW and SPY. For additional features, visit the drawdowns tool.
Volatility
NOW vs. SPY - Volatility Comparison
ServiceNow, Inc. (NOW) has a higher volatility of 8.20% compared to SPDR S&P 500 ETF (SPY) at 3.98%. This indicates that NOW'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.