PCTY vs. SPY
Compare and contrast key facts about Paylocity Holding Corporation (PCTY) 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: PCTY or SPY.
Correlation
The correlation between PCTY and SPY is 0.52, 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
PCTY vs. SPY - Performance Comparison
Key characteristics
PCTY:
0.46
SPY:
0.30
PCTY:
0.94
SPY:
0.56
PCTY:
1.11
SPY:
1.08
PCTY:
0.28
SPY:
0.31
PCTY:
1.44
SPY:
1.40
PCTY:
10.87%
SPY:
4.18%
PCTY:
34.04%
SPY:
19.64%
PCTY:
-56.88%
SPY:
-55.19%
PCTY:
-39.83%
SPY:
-13.86%
Returns By Period
In the year-to-date period, PCTY achieves a -7.77% return, which is significantly higher than SPY's -9.91% return. Over the past 10 years, PCTY has outperformed SPY with an annualized return of 19.68%, while SPY has yielded a comparatively lower 11.59% annualized return.
PCTY
-7.77%
-3.62%
6.91%
16.81%
14.20%
19.68%
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
PCTY vs. SPY — Risk-Adjusted Performance Rank
PCTY
SPY
PCTY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Paylocity Holding Corporation (PCTY) 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
PCTY vs. SPY - Dividend Comparison
PCTY has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.36%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCTY Paylocity Holding Corporation | 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 | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PCTY vs. SPY - Drawdown Comparison
The maximum PCTY drawdown since its inception was -56.88%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PCTY and SPY. For additional features, visit the drawdowns tool.
Volatility
PCTY vs. SPY - Volatility Comparison
The current volatility for Paylocity Holding Corporation (PCTY) is 11.94%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that PCTY experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.