PFBC vs. SPY
Compare and contrast key facts about Preferred Bank (PFBC) 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: PFBC or SPY.
Correlation
The correlation between PFBC and SPY is 0.36, 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
PFBC vs. SPY - Performance Comparison
Key characteristics
PFBC:
0.61
SPY:
2.21
PFBC:
1.16
SPY:
2.93
PFBC:
1.14
SPY:
1.41
PFBC:
0.32
SPY:
3.26
PFBC:
2.53
SPY:
14.43
PFBC:
7.40%
SPY:
1.90%
PFBC:
30.59%
SPY:
12.41%
PFBC:
-97.00%
SPY:
-55.19%
PFBC:
-46.80%
SPY:
-2.74%
Returns By Period
In the year-to-date period, PFBC achieves a 22.14% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, PFBC has outperformed SPY with an annualized return of 15.31%, while SPY has yielded a comparatively lower 12.97% annualized return.
PFBC
22.14%
-7.65%
18.62%
19.15%
11.00%
15.31%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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Risk-Adjusted Performance
PFBC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Preferred Bank (PFBC) 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
PFBC vs. SPY - Dividend Comparison
PFBC's dividend yield for the trailing twelve months is around 3.26%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFBC Preferred Bank | 3.26% | 3.01% | 2.31% | 2.01% | 2.38% | 2.00% | 2.17% | 1.29% | 1.14% | 1.39% | 0.36% | 0.00% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
PFBC vs. SPY - Drawdown Comparison
The maximum PFBC drawdown since its inception was -97.00%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PFBC and SPY. For additional features, visit the drawdowns tool.
Volatility
PFBC vs. SPY - Volatility Comparison
Preferred Bank (PFBC) has a higher volatility of 7.21% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that PFBC'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.