PATK vs. SPY
Compare and contrast key facts about Patrick Industries, Inc. (PATK) 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: PATK or SPY.
Correlation
The correlation between PATK and SPY is 0.23, 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
PATK vs. SPY - Performance Comparison
Key characteristics
PATK:
0.46
SPY:
0.30
PATK:
0.91
SPY:
0.56
PATK:
1.11
SPY:
1.08
PATK:
0.68
SPY:
0.31
PATK:
1.94
SPY:
1.40
PATK:
8.38%
SPY:
4.18%
PATK:
35.44%
SPY:
19.64%
PATK:
-99.06%
SPY:
-55.19%
PATK:
-18.70%
SPY:
-13.86%
Returns By Period
In the year-to-date period, PATK achieves a -4.17% return, which is significantly higher than SPY's -9.91% return. Over the past 10 years, PATK has underperformed SPY with an annualized return of 8.25%, while SPY has yielded a comparatively higher 11.59% annualized return.
PATK
-4.17%
-7.13%
-16.67%
18.80%
33.34%
8.25%
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
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Risk-Adjusted Performance
PATK vs. SPY — Risk-Adjusted Performance Rank
PATK
SPY
PATK vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Patrick Industries, Inc. (PATK) 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
PATK vs. SPY - Dividend Comparison
PATK's dividend yield for the trailing twelve months is around 2.77%, more than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PATK Patrick Industries, Inc. | 2.77% | 2.61% | 1.89% | 2.38% | 1.45% | 1.51% | 0.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PATK vs. SPY - Drawdown Comparison
The maximum PATK drawdown since its inception was -99.06%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PATK and SPY. For additional features, visit the drawdowns tool.
Volatility
PATK vs. SPY - Volatility Comparison
Patrick Industries, Inc. (PATK) has a higher volatility of 15.91% compared to SPDR S&P 500 ETF (SPY) at 14.52%. This indicates that PATK'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.