Correlation
The correlation between PETRY and SPY is 0.26, 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.
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.
Performance
PETRY vs. SPY - Performance Comparison
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Key characteristics
PETRY:
-0.09
SPY:
0.67
PETRY:
0.14
SPY:
1.03
PETRY:
1.02
SPY:
1.15
PETRY:
-0.15
SPY:
0.69
PETRY:
-0.28
SPY:
2.61
PETRY:
25.14%
SPY:
4.92%
PETRY:
49.07%
SPY:
20.44%
PETRY:
-55.63%
SPY:
-55.19%
PETRY:
-23.38%
SPY:
-3.44%
Returns By Period
In the year-to-date period, PETRY achieves a 35.70% return, which is significantly higher than SPY's 0.98% return.
PETRY
35.70%
7.95%
9.72%
-4.42%
1.50%
N/A
N/A
SPY
0.98%
6.45%
-0.84%
13.58%
14.08%
15.83%
12.73%
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Risk-Adjusted Performance
PETRY vs. SPY — Risk-Adjusted Performance Rank
PETRY
SPY
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.
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Dividends
PETRY vs. SPY - Dividend Comparison
PETRY's dividend yield for the trailing twelve months is around 10.99%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PETRY Petrobras Distribuidora S.A | 10.99% | 9.40% | 3.45% | 5.77% | 9.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PETRY vs. SPY - Drawdown Comparison
The maximum PETRY drawdown since its inception was -55.63%, 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.
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Volatility
PETRY vs. SPY - Volatility Comparison
Petrobras Distribuidora S.A (PETRY) has a higher volatility of 11.56% compared to SPDR S&P 500 ETF (SPY) at 4.85%. 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.
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