OLP vs. SPLG
Compare and contrast key facts about One Liberty Properties, Inc. (OLP) and SPDR Portfolio S&P 500 ETF (SPLG).
SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OLP or SPLG.
Correlation
The correlation between OLP and SPLG is 0.39, 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
OLP vs. SPLG - Performance Comparison
Key characteristics
OLP:
0.86
SPLG:
-0.09
OLP:
1.27
SPLG:
-0.01
OLP:
1.16
SPLG:
1.00
OLP:
0.65
SPLG:
-0.08
OLP:
2.87
SPLG:
-0.42
OLP:
6.78%
SPLG:
3.31%
OLP:
22.50%
SPLG:
15.79%
OLP:
-87.45%
SPLG:
-54.52%
OLP:
-14.42%
SPLG:
-17.28%
Returns By Period
In the year-to-date period, OLP achieves a -6.83% return, which is significantly higher than SPLG's -13.48% return. Over the past 10 years, OLP has underperformed SPLG with an annualized return of 7.96%, while SPLG has yielded a comparatively higher 11.24% annualized return.
OLP
-6.83%
-2.50%
-4.36%
19.61%
23.39%
7.96%
SPLG
-13.48%
-13.06%
-11.20%
-0.17%
17.11%
11.24%
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Risk-Adjusted Performance
OLP vs. SPLG — Risk-Adjusted Performance Rank
OLP
SPLG
OLP vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for One Liberty Properties, Inc. (OLP) and SPDR Portfolio S&P 500 ETF (SPLG). 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
OLP vs. SPLG - Dividend Comparison
OLP's dividend yield for the trailing twelve months is around 7.21%, more than SPLG's 1.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OLP One Liberty Properties, Inc. | 7.21% | 6.61% | 8.22% | 8.10% | 5.10% | 8.97% | 6.62% | 7.43% | 6.71% | 6.61% | 7.36% | 6.34% |
SPLG SPDR Portfolio S&P 500 ETF | 1.51% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
OLP vs. SPLG - Drawdown Comparison
The maximum OLP drawdown since its inception was -87.45%, which is greater than SPLG's maximum drawdown of -54.52%. Use the drawdown chart below to compare losses from any high point for OLP and SPLG. For additional features, visit the drawdowns tool.
Volatility
OLP vs. SPLG - Volatility Comparison
The current volatility for One Liberty Properties, Inc. (OLP) is 7.46%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 9.22%. This indicates that OLP experiences smaller price fluctuations and is considered to be less risky than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.