OUST vs. SPY
Compare and contrast key facts about Ouster, Inc. (OUST) 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: OUST or SPY.
Correlation
The correlation between OUST and SPY is 0.43, 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.
Performance
OUST vs. SPY - Performance Comparison
Key characteristics
OUST:
0.73
SPY:
1.87
OUST:
1.86
SPY:
2.52
OUST:
1.22
SPY:
1.35
OUST:
0.75
SPY:
2.81
OUST:
2.00
SPY:
11.69
OUST:
36.35%
SPY:
2.02%
OUST:
99.53%
SPY:
12.65%
OUST:
-98.01%
SPY:
-55.19%
OUST:
-93.72%
SPY:
0.00%
Returns By Period
In the year-to-date period, OUST achieves a -16.45% return, which is significantly lower than SPY's 4.58% return.
OUST
-16.45%
-3.68%
26.83%
82.32%
N/A
N/A
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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Risk-Adjusted Performance
OUST vs. SPY — Risk-Adjusted Performance Rank
OUST
SPY
OUST vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ouster, Inc. (OUST) 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
OUST vs. SPY - Dividend Comparison
OUST has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.15%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OUST Ouster, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
OUST vs. SPY - Drawdown Comparison
The maximum OUST drawdown since its inception was -98.01%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for OUST and SPY. For additional features, visit the drawdowns tool.
Volatility
OUST vs. SPY - Volatility Comparison
Ouster, Inc. (OUST) has a higher volatility of 18.18% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that OUST'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.