NRIX vs. SPY
Compare and contrast key facts about Nurix Therapeutics, Inc. (NRIX) 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: NRIX or SPY.
Correlation
The correlation between NRIX and SPY is 0.33, 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
NRIX vs. SPY - Performance Comparison
Key characteristics
NRIX:
1.74
SPY:
1.93
NRIX:
2.59
SPY:
2.59
NRIX:
1.30
SPY:
1.35
NRIX:
1.53
SPY:
2.93
NRIX:
7.96
SPY:
12.16
NRIX:
16.08%
SPY:
2.02%
NRIX:
73.77%
SPY:
12.73%
NRIX:
-91.53%
SPY:
-55.19%
NRIX:
-62.95%
SPY:
-1.31%
Returns By Period
In the year-to-date period, NRIX achieves a -1.33% return, which is significantly lower than SPY's 2.68% return.
NRIX
-1.33%
-5.68%
-12.27%
121.05%
N/A
N/A
SPY
2.68%
1.66%
15.99%
23.74%
14.27%
13.34%
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Risk-Adjusted Performance
NRIX vs. SPY — Risk-Adjusted Performance Rank
NRIX
SPY
NRIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nurix Therapeutics, Inc. (NRIX) 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
NRIX vs. SPY - Dividend Comparison
NRIX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.17%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NRIX Nurix Therapeutics, 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 | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
NRIX vs. SPY - Drawdown Comparison
The maximum NRIX drawdown since its inception was -91.53%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NRIX and SPY. For additional features, visit the drawdowns tool.
Volatility
NRIX vs. SPY - Volatility Comparison
Nurix Therapeutics, Inc. (NRIX) has a higher volatility of 14.48% compared to SPDR S&P 500 ETF (SPY) at 4.03%. This indicates that NRIX'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.