POET vs. SPYG
Compare and contrast key facts about POET Technologies Inc (POET) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: POET or SPYG.
Correlation
The correlation between POET and SPYG is 0.18, 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
POET vs. SPYG - Performance Comparison
Key characteristics
POET:
1.24
SPYG:
1.29
POET:
2.80
SPYG:
1.73
POET:
1.29
SPYG:
1.23
POET:
1.74
SPYG:
1.84
POET:
6.56
SPYG:
6.89
POET:
24.22%
SPYG:
3.40%
POET:
127.94%
SPYG:
18.26%
POET:
-93.47%
SPYG:
-67.79%
POET:
-66.65%
SPYG:
-5.20%
Returns By Period
In the year-to-date period, POET achieves a -33.87% return, which is significantly lower than SPYG's -0.35% return.
POET
-33.87%
-15.56%
24.92%
195.86%
-0.33%
N/A
SPYG
-0.35%
-3.38%
8.85%
21.37%
17.13%
14.74%
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Risk-Adjusted Performance
POET vs. SPYG — Risk-Adjusted Performance Rank
POET
SPYG
POET vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for POET Technologies Inc (POET) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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
POET vs. SPYG - Dividend Comparison
POET has not paid dividends to shareholders, while SPYG's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
POET POET Technologies 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% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.61% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% |
Drawdowns
POET vs. SPYG - Drawdown Comparison
The maximum POET drawdown since its inception was -93.47%, which is greater than SPYG's maximum drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for POET and SPYG. For additional features, visit the drawdowns tool.
Volatility
POET vs. SPYG - Volatility Comparison
POET Technologies Inc (POET) has a higher volatility of 23.60% compared to SPDR Portfolio S&P 500 Growth ETF (SPYG) at 5.20%. This indicates that POET's price experiences larger fluctuations and is considered to be riskier than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.