PAGP vs. SPY
Compare and contrast key facts about Plains GP Holdings, L.P. (PAGP) 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: PAGP or SPY.
Correlation
The correlation between PAGP and SPY is 0.41, 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
PAGP vs. SPY - Performance Comparison
Key characteristics
PAGP:
1.80
SPY:
1.97
PAGP:
2.50
SPY:
2.64
PAGP:
1.30
SPY:
1.36
PAGP:
0.60
SPY:
2.97
PAGP:
7.70
SPY:
12.34
PAGP:
4.91%
SPY:
2.03%
PAGP:
21.05%
SPY:
12.68%
PAGP:
-94.21%
SPY:
-55.19%
PAGP:
-49.07%
SPY:
-0.01%
Returns By Period
In the year-to-date period, PAGP achieves a 16.80% return, which is significantly higher than SPY's 4.03% return. Over the past 10 years, PAGP has underperformed SPY with an annualized return of -5.48%, while SPY has yielded a comparatively higher 13.22% annualized return.
PAGP
16.80%
3.86%
16.78%
35.59%
12.63%
-5.48%
SPY
4.03%
2.85%
10.70%
23.01%
14.30%
13.22%
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Risk-Adjusted Performance
PAGP vs. SPY — Risk-Adjusted Performance Rank
PAGP
SPY
PAGP vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Plains GP Holdings, L.P. (PAGP) 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
PAGP vs. SPY - Dividend Comparison
PAGP's dividend yield for the trailing twelve months is around 6.32%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAGP Plains GP Holdings, L.P. | 6.32% | 6.91% | 6.71% | 6.69% | 7.10% | 10.65% | 7.28% | 5.97% | 8.88% | 6.91% | 9.34% | 2.61% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PAGP vs. SPY - Drawdown Comparison
The maximum PAGP drawdown since its inception was -94.21%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PAGP and SPY. For additional features, visit the drawdowns tool.
Volatility
PAGP vs. SPY - Volatility Comparison
Plains GP Holdings, L.P. (PAGP) has a higher volatility of 6.93% compared to SPDR S&P 500 ETF (SPY) at 3.15%. This indicates that PAGP'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.