PJT vs. SPY
Compare and contrast key facts about PJT Partners Inc. (PJT) 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: PJT or SPY.
Correlation
The correlation between PJT and SPY is 0.46, 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
PJT vs. SPY - Performance Comparison
Key characteristics
PJT:
1.95
SPY:
1.88
PJT:
2.94
SPY:
2.53
PJT:
1.36
SPY:
1.35
PJT:
4.57
SPY:
2.83
PJT:
10.84
SPY:
11.74
PJT:
5.74%
SPY:
2.02%
PJT:
31.93%
SPY:
12.64%
PJT:
-58.44%
SPY:
-55.19%
PJT:
-6.46%
SPY:
-0.42%
Returns By Period
In the year-to-date period, PJT achieves a 5.26% return, which is significantly higher than SPY's 4.15% return.
PJT
5.26%
0.56%
35.13%
65.27%
28.42%
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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Risk-Adjusted Performance
PJT vs. SPY — Risk-Adjusted Performance Rank
PJT
SPY
PJT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PJT Partners Inc. (PJT) 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
PJT vs. SPY - Dividend Comparison
PJT's dividend yield for the trailing twelve months is around 0.60%, less than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PJT PJT Partners Inc. | 0.60% | 0.63% | 0.98% | 1.36% | 4.32% | 0.27% | 0.44% | 0.52% | 0.44% | 0.65% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PJT vs. SPY - Drawdown Comparison
The maximum PJT drawdown since its inception was -58.44%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PJT and SPY. For additional features, visit the drawdowns tool.
Volatility
PJT vs. SPY - Volatility Comparison
PJT Partners Inc. (PJT) has a higher volatility of 10.24% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that PJT'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.