Correlation
The correlation between ODD and SPY is 0.34, 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.
ODD vs. SPY
Compare and contrast key facts about ODDITY Tech Ltd. Class A Ordinary Shares (ODD) 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: ODD or SPY.
Performance
ODD vs. SPY - Performance Comparison
Loading data...
Key characteristics
ODD:
1.71
SPY:
0.70
ODD:
2.63
SPY:
1.02
ODD:
1.33
SPY:
1.15
ODD:
2.59
SPY:
0.68
ODD:
9.06
SPY:
2.57
ODD:
11.58%
SPY:
4.93%
ODD:
62.63%
SPY:
20.42%
ODD:
-53.92%
SPY:
-55.19%
ODD:
0.00%
SPY:
-3.55%
Returns By Period
In the year-to-date period, ODD achieves a 77.13% return, which is significantly higher than SPY's 0.87% return.
ODD
77.13%
21.14%
60.20%
105.84%
N/A
N/A
N/A
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ODD vs. SPY — Risk-Adjusted Performance Rank
ODD
SPY
ODD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ODDITY Tech Ltd. Class A Ordinary Shares (ODD) 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.
Loading data...
Dividends
ODD vs. SPY - Dividend Comparison
ODD has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.22%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ODD ODDITY Tech Ltd. Class A Ordinary Shares | 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 | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ODD vs. SPY - Drawdown Comparison
The maximum ODD drawdown since its inception was -53.92%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ODD and SPY.
Loading data...
Volatility
ODD vs. SPY - Volatility Comparison
ODDITY Tech Ltd. Class A Ordinary Shares (ODD) has a higher volatility of 18.90% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that ODD'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.
Loading data...