PB vs. SPY
Compare and contrast key facts about Prosperity Bancshares, Inc. (PB) 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: PB or SPY.
Correlation
The correlation between PB and SPY is 0.50, 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
PB vs. SPY - Performance Comparison
Key characteristics
PB:
0.57
SPY:
2.17
PB:
1.03
SPY:
2.88
PB:
1.12
SPY:
1.41
PB:
0.63
SPY:
3.19
PB:
2.18
SPY:
14.10
PB:
6.60%
SPY:
1.90%
PB:
25.16%
SPY:
12.39%
PB:
-47.89%
SPY:
-55.19%
PB:
-12.26%
SPY:
-3.19%
Returns By Period
In the year-to-date period, PB achieves a 13.17% return, which is significantly lower than SPY's 24.97% return. Over the past 10 years, PB has underperformed SPY with an annualized return of 5.89%, while SPY has yielded a comparatively higher 12.92% annualized return.
PB
13.17%
-8.78%
27.45%
16.88%
3.79%
5.89%
SPY
24.97%
-0.32%
8.25%
26.85%
14.57%
12.92%
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Risk-Adjusted Performance
PB vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Prosperity Bancshares, Inc. (PB) 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
PB vs. SPY - Dividend Comparison
PB's dividend yield for the trailing twelve months is around 3.05%, more than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PB Prosperity Bancshares, Inc. | 3.05% | 3.26% | 2.90% | 2.75% | 2.70% | 2.35% | 2.39% | 1.97% | 1.73% | 2.34% | 1.79% | 1.40% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
PB vs. SPY - Drawdown Comparison
The maximum PB drawdown since its inception was -47.89%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PB and SPY. For additional features, visit the drawdowns tool.
Volatility
PB vs. SPY - Volatility Comparison
Prosperity Bancshares, Inc. (PB) has a higher volatility of 5.91% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that PB'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.