PINC vs. SPY
Compare and contrast key facts about Premier, Inc. (PINC) 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: PINC or SPY.
Correlation
The correlation between PINC and SPY is 0.34, 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
PINC vs. SPY - Performance Comparison
Key characteristics
PINC:
-0.33
SPY:
1.87
PINC:
-0.27
SPY:
2.52
PINC:
0.96
SPY:
1.35
PINC:
-0.17
SPY:
2.81
PINC:
-1.06
SPY:
11.69
PINC:
9.27%
SPY:
2.02%
PINC:
29.82%
SPY:
12.65%
PINC:
-56.50%
SPY:
-55.19%
PINC:
-54.07%
SPY:
0.00%
Returns By Period
In the year-to-date period, PINC achieves a -11.60% return, which is significantly lower than SPY's 4.58% return. Over the past 10 years, PINC has underperformed SPY with an annualized return of -4.91%, while SPY has yielded a comparatively higher 13.23% annualized return.
PINC
-11.60%
-16.45%
-4.92%
-8.95%
-7.26%
-4.91%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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Risk-Adjusted Performance
PINC vs. SPY — Risk-Adjusted Performance Rank
PINC
SPY
PINC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Premier, Inc. (PINC) 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
PINC vs. SPY - Dividend Comparison
PINC's dividend yield for the trailing twelve months is around 4.48%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PINC Premier, Inc. | 4.48% | 3.96% | 3.76% | 2.34% | 1.89% | 1.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PINC vs. SPY - Drawdown Comparison
The maximum PINC drawdown since its inception was -56.50%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PINC and SPY. For additional features, visit the drawdowns tool.
Volatility
PINC vs. SPY - Volatility Comparison
Premier, Inc. (PINC) has a higher volatility of 17.14% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that PINC'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.