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:
1.30
SPLG:
2.22
OLP:
1.84
SPLG:
2.95
OLP:
1.23
SPLG:
1.42
OLP:
0.82
SPLG:
3.26
OLP:
6.73
SPLG:
14.44
OLP:
4.36%
SPLG:
1.90%
OLP:
22.58%
SPLG:
12.37%
OLP:
-87.45%
SPLG:
-54.50%
OLP:
-9.19%
SPLG:
-2.90%
Returns By Period
In the year-to-date period, OLP achieves a 32.02% return, which is significantly higher than SPLG's 25.49% return. Over the past 10 years, OLP has underperformed SPLG with an annualized return of 9.01%, while SPLG has yielded a comparatively higher 13.13% annualized return.
OLP
32.02%
-5.10%
18.58%
31.60%
7.81%
9.01%
SPLG
25.49%
0.01%
8.64%
27.50%
14.74%
13.13%
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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 4.93%, more than SPLG's 0.92% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OLP One Liberty Properties, Inc. | 4.93% | 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 | 0.92% | 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 6.42% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 3.71%. 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.