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 0.34, 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.
Performance
OHI vs. SPY - Performance Comparison
Key characteristics
OHI:
1.41
SPY:
0.68
OHI:
1.99
SPY:
0.98
OHI:
1.25
SPY:
1.13
OHI:
2.08
SPY:
0.95
OHI:
4.80
SPY:
3.13
OHI:
5.86%
SPY:
3.03%
OHI:
19.98%
SPY:
13.89%
OHI:
-94.61%
SPY:
-55.19%
OHI:
-7.83%
SPY:
-7.62%
Returns By Period
In the year-to-date period, OHI achieves a 1.88% return, which is significantly higher than SPY's -3.39% return. Over the past 10 years, OHI has underperformed SPY with an annualized return of 7.19%, while SPY has yielded a comparatively higher 12.54% annualized return.
OHI
1.88%
0.58%
-2.13%
31.20%
19.17%
7.19%
SPY
-3.39%
-3.01%
-0.13%
10.19%
19.68%
12.54%
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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 7.07%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OHI Omega Healthcare Investors, Inc. | 7.07% | 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 | 1.27% | 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
Omega Healthcare Investors, Inc. (OHI) has a higher volatility of 7.40% compared to SPDR S&P 500 ETF (SPY) at 5.76%. This indicates that OHI'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.