NRP vs. SPY
Compare and contrast key facts about Natural Resource Partners L.P. (NRP) 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: NRP or SPY.
Correlation
The correlation between NRP and SPY is 0.28, 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
NRP vs. SPY - Performance Comparison
Key characteristics
NRP:
0.86
SPY:
1.91
NRP:
1.50
SPY:
2.57
NRP:
1.18
SPY:
1.35
NRP:
0.69
SPY:
2.88
NRP:
4.43
SPY:
11.96
NRP:
5.24%
SPY:
2.03%
NRP:
27.14%
SPY:
12.68%
NRP:
-97.12%
SPY:
-55.19%
NRP:
-16.02%
SPY:
0.00%
Returns By Period
In the year-to-date period, NRP achieves a -9.23% return, which is significantly lower than SPY's 4.34% return. Over the past 10 years, NRP has underperformed SPY with an annualized return of 10.54%, while SPY has yielded a comparatively higher 13.21% annualized return.
NRP
-9.23%
-6.02%
15.48%
23.18%
52.73%
10.54%
SPY
4.34%
2.33%
10.15%
23.99%
14.44%
13.21%
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Risk-Adjusted Performance
NRP vs. SPY — Risk-Adjusted Performance Rank
NRP
SPY
NRP vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Natural Resource Partners L.P. (NRP) 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
NRP vs. SPY - Dividend Comparison
NRP's dividend yield for the trailing twelve months is around 4.65%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NRP Natural Resource Partners L.P. | 4.65% | 4.90% | 5.87% | 4.97% | 5.39% | 9.82% | 13.18% | 4.71% | 6.92% | 5.57% | 45.28% | 15.14% |
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
NRP vs. SPY - Drawdown Comparison
The maximum NRP drawdown since its inception was -97.12%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NRP and SPY. For additional features, visit the drawdowns tool.
Volatility
NRP vs. SPY - Volatility Comparison
Natural Resource Partners L.P. (NRP) has a higher volatility of 5.09% compared to SPDR S&P 500 ETF (SPY) at 3.13%. This indicates that NRP'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.