PPL vs. SPY
Compare and contrast key facts about PPL Corporation (PPL) 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: PPL or SPY.
Key characteristics
PPL | SPY | |
---|---|---|
YTD Return | 10.17% | 11.81% |
1Y Return | 11.36% | 31.01% |
3Y Return (Ann) | 4.48% | 9.97% |
5Y Return (Ann) | 4.58% | 15.01% |
10Y Return (Ann) | 4.06% | 12.94% |
Sharpe Ratio | 0.50 | 2.61 |
Daily Std Dev | 18.04% | 11.55% |
Max Drawdown | -55.38% | -55.19% |
Current Drawdown | -2.50% | 0.00% |
Correlation
The correlation between PPL and SPY is 0.39, 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
PPL vs. SPY - Performance Comparison
In the year-to-date period, PPL achieves a 10.17% return, which is significantly lower than SPY's 11.81% return. Over the past 10 years, PPL has underperformed SPY with an annualized return of 4.06%, while SPY has yielded a comparatively higher 12.94% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
PPL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PPL Corporation (PPL) 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
PPL vs. SPY - Dividend Comparison
PPL's dividend yield for the trailing twelve months is around 3.31%, more than SPY's 1.27% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PPL Corporation | 3.31% | 3.54% | 2.99% | 5.52% | 5.89% | 4.60% | 5.79% | 5.11% | 4.46% | 4.32% | 4.10% | 4.89% |
SPDR S&P 500 ETF | 1.27% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
PPL vs. SPY - Drawdown Comparison
The maximum PPL drawdown since its inception was -55.38%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PPL and SPY. For additional features, visit the drawdowns tool.
Volatility
PPL vs. SPY - Volatility Comparison
PPL Corporation (PPL) has a higher volatility of 3.81% compared to SPDR S&P 500 ETF (SPY) at 3.48%. This indicates that PPL'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.