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.
Key characteristics
| OLP | SPLG | |
|---|---|---|
| YTD Return | 36.41% | 26.89% |
| 1Y Return | 61.94% | 37.56% |
| 3Y Return (Ann) | 1.76% | 10.23% |
| 5Y Return (Ann) | 8.96% | 16.00% |
| 10Y Return (Ann) | 10.10% | 13.45% |
| Sharpe Ratio | 2.70 | 3.08 |
| Sortino Ratio | 3.53 | 4.10 |
| Omega Ratio | 1.44 | 1.58 |
| Calmar Ratio | 1.53 | 4.44 |
| Martin Ratio | 14.40 | 20.15 |
| Ulcer Index | 4.29% | 1.86% |
| Daily Std Dev | 22.86% | 12.15% |
| Max Drawdown | -87.45% | -54.50% |
| Current Drawdown | -3.36% | -0.28% |
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
In the year-to-date period, OLP achieves a 36.41% return, which is significantly higher than SPLG's 26.89% return. Over the past 10 years, OLP has underperformed SPLG with an annualized return of 10.10%, while SPLG has yielded a comparatively higher 13.45% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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 6.36%, more than SPLG's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OLP One Liberty Properties, Inc. | 6.36% | 8.22% | 8.10% | 5.10% | 8.97% | 6.62% | 7.43% | 6.71% | 6.61% | 7.36% | 6.34% | 7.05% |
SPLG SPDR Portfolio S&P 500 ETF | 1.23% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% | 1.71% |
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 -54.50%. 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
One Liberty Properties, Inc. (OLP) has a higher volatility of 8.41% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 3.88%. This indicates that OLP's price experiences larger fluctuations and is considered to be riskier than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.