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PATK vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PATK and SPY is 0.22, 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.


-0.50.00.51.00.2

Performance

PATK vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Patrick Industries, Inc. (PATK) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

1,000.00%1,500.00%2,000.00%JulyAugustSeptemberOctoberNovemberDecember
958.15%
2,301.81%
PATK
SPY

Key characteristics

Sharpe Ratio

PATK:

0.92

SPY:

2.21

Sortino Ratio

PATK:

1.45

SPY:

2.93

Omega Ratio

PATK:

1.18

SPY:

1.41

Calmar Ratio

PATK:

1.40

SPY:

3.26

Martin Ratio

PATK:

3.92

SPY:

14.43

Ulcer Index

PATK:

7.75%

SPY:

1.90%

Daily Std Dev

PATK:

32.89%

SPY:

12.41%

Max Drawdown

PATK:

-99.06%

SPY:

-55.19%

Current Drawdown

PATK:

-14.38%

SPY:

-2.74%

Returns By Period

In the year-to-date period, PATK achieves a 27.14% return, which is significantly higher than SPY's 25.54% return. Both investments have delivered pretty close results over the past 10 years, with PATK having a 12.38% annualized return and SPY not far ahead at 12.97%.


PATK

YTD

27.14%

1M

-3.79%

6M

17.02%

1Y

29.14%

5Y*

21.62%

10Y*

12.38%

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

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Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for PATK, currently valued at 0.92, compared to the broader market-4.00-2.000.002.000.922.21
The chart of Sortino ratio for PATK, currently valued at 1.45, compared to the broader market-4.00-2.000.002.004.001.452.93
The chart of Omega ratio for PATK, currently valued at 1.18, compared to the broader market0.501.001.502.001.181.41
The chart of Calmar ratio for PATK, currently valued at 1.40, compared to the broader market0.002.004.006.001.403.26
The chart of Martin ratio for PATK, currently valued at 3.92, compared to the broader market-5.000.005.0010.0015.0020.0025.003.9214.43
PATK
SPY

The current PATK Sharpe Ratio is 0.92, which is lower than the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of PATK and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.92
2.21
PATK
SPY

Dividends

PATK vs. SPY - Dividend Comparison

PATK's dividend yield for the trailing twelve months is around 2.61%, more than SPY's 0.86% yield.


TTM20232022202120202019201820172016201520142013
PATK
Patrick Industries, Inc.
2.61%1.89%2.38%1.45%1.51%0.48%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
0.86%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

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.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-14.38%
-2.74%
PATK
SPY

Volatility

PATK vs. SPY - Volatility Comparison

Patrick Industries, Inc. (PATK) has a higher volatility of 8.65% compared to SPDR S&P 500 ETF (SPY) at 3.72%. 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.


0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
8.65%
3.72%
PATK
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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