PAYO vs. SPY
Compare and contrast key facts about Payoneer Global Inc. (PAYO) 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: PAYO or SPY.
Correlation
The correlation between PAYO and SPY is 0.46, 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
PAYO vs. SPY - Performance Comparison
Key characteristics
PAYO:
2.02
SPY:
2.05
PAYO:
2.89
SPY:
2.73
PAYO:
1.48
SPY:
1.38
PAYO:
1.64
SPY:
3.07
PAYO:
12.45
SPY:
13.22
PAYO:
7.95%
SPY:
1.95%
PAYO:
49.04%
SPY:
12.57%
PAYO:
-67.91%
SPY:
-55.19%
PAYO:
-8.87%
SPY:
-2.69%
Returns By Period
In the year-to-date period, PAYO achieves a 0.30% return, which is significantly lower than SPY's 0.58% return.
PAYO
0.30%
-0.49%
90.36%
99.80%
N/A
N/A
SPY
0.58%
-2.18%
5.70%
25.99%
14.36%
13.16%
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Risk-Adjusted Performance
PAYO vs. SPY — Risk-Adjusted Performance Rank
PAYO
SPY
PAYO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Payoneer Global Inc. (PAYO) 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
PAYO vs. SPY - Dividend Comparison
PAYO has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAYO Payoneer Global 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 | 1.20% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PAYO vs. SPY - Drawdown Comparison
The maximum PAYO drawdown since its inception was -67.91%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PAYO and SPY. For additional features, visit the drawdowns tool.
Volatility
PAYO vs. SPY - Volatility Comparison
Payoneer Global Inc. (PAYO) has a higher volatility of 11.04% compared to SPDR S&P 500 ETF (SPY) at 4.49%. This indicates that PAYO'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.