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:
1.72
SPY:
2.03
OHI:
2.54
SPY:
2.71
OHI:
1.32
SPY:
1.38
OHI:
2.10
SPY:
3.02
OHI:
10.96
SPY:
13.49
OHI:
2.97%
SPY:
1.88%
OHI:
18.88%
SPY:
12.48%
OHI:
-94.62%
SPY:
-55.19%
OHI:
-9.20%
SPY:
-3.54%
Returns By Period
In the year-to-date period, OHI achieves a 34.07% return, which is significantly higher than SPY's 24.51% return. Over the past 10 years, OHI has underperformed SPY with an annualized return of 7.98%, while SPY has yielded a comparatively higher 12.94% annualized return.
OHI
34.07%
-3.85%
20.24%
32.30%
6.33%
7.98%
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
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Risk-Adjusted Performance
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 7.05%, more than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OHI Omega Healthcare Investors, Inc. | 7.05% | 8.74% | 9.59% | 9.06% | 7.38% | 6.26% | 7.51% | 9.22% | 7.55% | 6.23% | 5.17% | 6.24% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
OHI vs. SPY - Drawdown Comparison
The maximum OHI drawdown since its inception was -94.62%, 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 5.20% compared to SPDR S&P 500 ETF (SPY) at 3.64%. 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.