Correlation
The correlation between NTTYY and SPY is 0.24, 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.
NTTYY vs. SPY
Compare and contrast key facts about Nippon Telegraph and Telephone Corp ADR (NTTYY) 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: NTTYY or SPY.
Performance
NTTYY vs. SPY - Performance Comparison
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Key characteristics
NTTYY:
0.46
SPY:
0.57
NTTYY:
0.72
SPY:
0.87
NTTYY:
1.08
SPY:
1.13
NTTYY:
0.26
SPY:
0.55
NTTYY:
0.99
SPY:
2.11
NTTYY:
7.57%
SPY:
4.91%
NTTYY:
18.74%
SPY:
20.35%
NTTYY:
-84.64%
SPY:
-55.19%
NTTYY:
-18.34%
SPY:
-5.23%
Returns By Period
In the year-to-date period, NTTYY achieves a 5.04% return, which is significantly higher than SPY's -0.89% return. Over the past 10 years, NTTYY has underperformed SPY with an annualized return of 6.95%, while SPY has yielded a comparatively higher 12.57% annualized return.
NTTYY
5.04%
2.17%
5.31%
8.63%
-3.78%
5.70%
6.95%
SPY
-0.89%
5.17%
-2.46%
10.77%
15.38%
16.09%
12.57%
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Risk-Adjusted Performance
NTTYY vs. SPY — Risk-Adjusted Performance Rank
NTTYY
SPY
NTTYY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nippon Telegraph and Telephone Corp ADR (NTTYY) 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.
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Dividends
NTTYY vs. SPY - Dividend Comparison
NTTYY has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.24%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NTTYY Nippon Telegraph and Telephone Corp ADR | 0.00% | 0.00% | 2.80% | 3.10% | 3.60% | 3.61% | 3.45% | 3.50% | 2.54% | 2.63% | 3.78% | 9.55% |
SPY SPDR S&P 500 ETF | 1.24% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
NTTYY vs. SPY - Drawdown Comparison
The maximum NTTYY drawdown since its inception was -84.64%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NTTYY and SPY.
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Volatility
NTTYY vs. SPY - Volatility Comparison
Nippon Telegraph and Telephone Corp ADR (NTTYY) has a higher volatility of 5.88% compared to SPDR S&P 500 ETF (SPY) at 4.45%. This indicates that NTTYY'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.
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