PETRY vs. SPY
Compare and contrast key facts about Petrobras Distribuidora S.A (PETRY) 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: PETRY or SPY.
Key characteristics
| PETRY | SPY | |
|---|---|---|
| YTD Return | -12.87% | 22.48% |
| 1Y Return | -1.07% | 34.15% |
| 3Y Return (Ann) | 4.06% | 8.79% |
| Sharpe Ratio | 0.06 | 2.86 |
| Sortino Ratio | 0.34 | 3.80 |
| Omega Ratio | 1.04 | 1.54 |
| Calmar Ratio | 0.07 | 4.10 |
| Martin Ratio | 0.14 | 18.58 |
| Ulcer Index | 15.15% | 1.86% |
| Daily Std Dev | 35.62% | 12.04% |
| Max Drawdown | -55.04% | -55.19% |
| Current Drawdown | -24.32% | -1.35% |
Correlation
The correlation between PETRY 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.
Performance
PETRY vs. SPY - Performance Comparison
In the year-to-date period, PETRY achieves a -12.87% return, which is significantly lower than SPY's 22.48% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
PETRY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Petrobras Distribuidora S.A (PETRY) 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
PETRY vs. SPY - Dividend Comparison
PETRY's dividend yield for the trailing twelve months is around 6.72%, more than SPY's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PETRY Petrobras Distribuidora S.A | 6.72% | 3.35% | 5.24% | 9.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
PETRY vs. SPY - Drawdown Comparison
The maximum PETRY drawdown since its inception was -55.04%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PETRY and SPY. For additional features, visit the drawdowns tool.
Volatility
PETRY vs. SPY - Volatility Comparison
Petrobras Distribuidora S.A (PETRY) has a higher volatility of 10.06% compared to SPDR S&P 500 ETF (SPY) at 3.23%. This indicates that PETRY'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.