Correlation
The correlation between OLP and SPLG is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
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.
Performance
OLP vs. SPLG - Performance Comparison
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Key characteristics
OLP:
0.54
SPLG:
0.73
OLP:
0.89
SPLG:
1.04
OLP:
1.11
SPLG:
1.15
OLP:
0.52
SPLG:
0.68
OLP:
1.37
SPLG:
2.58
OLP:
9.51%
SPLG:
4.93%
OLP:
23.39%
SPLG:
19.61%
OLP:
-87.45%
SPLG:
-54.52%
OLP:
-16.03%
SPLG:
-3.53%
Returns By Period
In the year-to-date period, OLP achieves a -8.58% return, which is significantly lower than SPLG's 0.89% return. Over the past 10 years, OLP has underperformed SPLG with an annualized return of 8.60%, while SPLG has yielded a comparatively higher 12.72% annualized return.
OLP
-8.58%
0.82%
-15.81%
11.70%
4.04%
17.66%
8.60%
SPLG
0.89%
5.54%
-1.55%
13.29%
14.31%
15.91%
12.72%
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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.
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Dividends
OLP vs. SPLG - Dividend Comparison
OLP's dividend yield for the trailing twelve months is around 7.35%, more than SPLG's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OLP One Liberty Properties, Inc. | 7.35% | 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 | 1.29% | 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.
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Volatility
OLP vs. SPLG - Volatility Comparison
One Liberty Properties, Inc. (OLP) has a higher volatility of 7.32% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 4.80%. 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.
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