OHI vs. SPY
Compare and contrast key facts about Omega Healthcare Investors, Inc. (OHI) 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: OHI or SPY.
Correlation
The correlation between OHI and SPY is 0.35, 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
OHI vs. SPY - Performance Comparison
Key characteristics
OHI:
1.70
SPY:
0.54
OHI:
2.33
SPY:
0.89
OHI:
1.30
SPY:
1.13
OHI:
2.56
SPY:
0.58
OHI:
5.69
SPY:
2.39
OHI:
6.09%
SPY:
4.51%
OHI:
20.44%
SPY:
20.07%
OHI:
-94.61%
SPY:
-55.19%
OHI:
-7.91%
SPY:
-10.54%
Returns By Period
In the year-to-date period, OHI achieves a 1.80% return, which is significantly higher than SPY's -6.44% return. Over the past 10 years, OHI has underperformed SPY with an annualized return of 8.15%, while SPY has yielded a comparatively higher 11.95% annualized return.
OHI
1.80%
0.93%
-6.12%
32.80%
16.60%
8.15%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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Risk-Adjusted Performance
OHI vs. SPY — Risk-Adjusted Performance Rank
OHI
SPY
OHI vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Omega Healthcare Investors, Inc. (OHI) 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
OHI vs. SPY - Dividend Comparison
OHI's dividend yield for the trailing twelve months is around 7.08%, more than SPY's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OHI Omega Healthcare Investors, Inc. | 7.08% | 7.08% | 8.74% | 9.59% | 9.06% | 7.38% | 6.26% | 7.51% | 9.22% | 7.55% | 6.23% | 5.17% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
OHI vs. SPY - Drawdown Comparison
The maximum OHI drawdown since its inception was -94.61%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for OHI and SPY. For additional features, visit the drawdowns tool.
Volatility
OHI vs. SPY - Volatility Comparison
The current volatility for Omega Healthcare Investors, Inc. (OHI) is 7.20%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.13%. This indicates that OHI experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.