PLUG vs. SPY
Compare and contrast key facts about Plug Power Inc. (PLUG) 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: PLUG or SPY.
Correlation
The correlation between PLUG 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
PLUG vs. SPY - Performance Comparison
Key characteristics
PLUG:
-0.21
SPY:
2.03
PLUG:
0.43
SPY:
2.71
PLUG:
1.05
SPY:
1.38
PLUG:
-0.21
SPY:
3.09
PLUG:
-0.48
SPY:
12.94
PLUG:
44.57%
SPY:
2.01%
PLUG:
102.83%
SPY:
12.78%
PLUG:
-99.99%
SPY:
-55.19%
PLUG:
-99.82%
SPY:
-2.14%
Returns By Period
In the year-to-date period, PLUG achieves a 27.23% return, which is significantly higher than SPY's 1.14% return. Over the past 10 years, PLUG has underperformed SPY with an annualized return of 0.15%, while SPY has yielded a comparatively higher 13.38% annualized return.
PLUG
27.23%
10.61%
-11.29%
-10.86%
-8.29%
0.15%
SPY
1.14%
-1.98%
7.12%
26.42%
14.07%
13.38%
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Risk-Adjusted Performance
PLUG vs. SPY — Risk-Adjusted Performance Rank
PLUG
SPY
PLUG vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Plug Power Inc. (PLUG) 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
PLUG vs. SPY - Dividend Comparison
PLUG has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLUG Plug Power Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PLUG vs. SPY - Drawdown Comparison
The maximum PLUG drawdown since its inception was -99.99%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PLUG and SPY. For additional features, visit the drawdowns tool.
Volatility
PLUG vs. SPY - Volatility Comparison
Plug Power Inc. (PLUG) has a higher volatility of 34.14% compared to SPDR S&P 500 ETF (SPY) at 5.01%. This indicates that PLUG'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.