NXRT vs. SPY
Compare and contrast key facts about NexPoint Residential Trust, Inc. (NXRT) 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: NXRT or SPY.
Correlation
The correlation between NXRT and SPY is 0.38, 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
NXRT vs. SPY - Performance Comparison
Key characteristics
NXRT:
1.42
SPY:
0.68
NXRT:
2.03
SPY:
0.98
NXRT:
1.24
SPY:
1.13
NXRT:
0.54
SPY:
0.95
NXRT:
3.92
SPY:
3.13
NXRT:
8.95%
SPY:
3.03%
NXRT:
24.63%
SPY:
13.89%
NXRT:
-70.30%
SPY:
-55.19%
NXRT:
-51.29%
SPY:
-7.62%
Returns By Period
In the year-to-date period, NXRT achieves a -1.26% return, which is significantly higher than SPY's -3.39% return. Over the past 10 years, NXRT has outperformed SPY with an annualized return of 15.75%, while SPY has yielded a comparatively lower 12.54% annualized return.
NXRT
-1.26%
-2.22%
-3.32%
39.34%
17.69%
15.75%
SPY
-3.39%
-3.01%
-0.13%
10.19%
19.68%
12.54%
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Risk-Adjusted Performance
NXRT vs. SPY — Risk-Adjusted Performance Rank
NXRT
SPY
NXRT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NexPoint Residential Trust, Inc. (NXRT) 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
NXRT vs. SPY - Dividend Comparison
NXRT's dividend yield for the trailing twelve months is around 4.78%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NXRT NexPoint Residential Trust, Inc. | 4.78% | 4.54% | 5.00% | 3.58% | 1.67% | 3.03% | 2.53% | 2.92% | 3.26% | 3.75% | 4.72% | 0.00% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
NXRT vs. SPY - Drawdown Comparison
The maximum NXRT drawdown since its inception was -70.30%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NXRT and SPY. For additional features, visit the drawdowns tool.
Volatility
NXRT vs. SPY - Volatility Comparison
NexPoint Residential Trust, Inc. (NXRT) and SPDR S&P 500 ETF (SPY) have volatilities of 6.02% and 5.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.