PPSI vs. SPY
Compare and contrast key facts about Pioneer Power Solutions, Inc. (PPSI) 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: PPSI or SPY.
Correlation
The correlation between PPSI and SPY is 0.16, 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
PPSI vs. SPY - Performance Comparison
Key characteristics
PPSI:
0.02
SPY:
1.88
PPSI:
0.46
SPY:
2.53
PPSI:
1.06
SPY:
1.35
PPSI:
0.01
SPY:
2.83
PPSI:
0.04
SPY:
11.74
PPSI:
23.16%
SPY:
2.02%
PPSI:
60.18%
SPY:
12.64%
PPSI:
-87.12%
SPY:
-55.19%
PPSI:
-52.72%
SPY:
-0.42%
Returns By Period
In the year-to-date period, PPSI achieves a -6.78% return, which is significantly lower than SPY's 4.15% return. Over the past 10 years, PPSI has underperformed SPY with an annualized return of -2.18%, while SPY has yielded a comparatively higher 13.18% annualized return.
PPSI
-6.78%
-6.55%
19.47%
-0.17%
20.73%
-2.18%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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Risk-Adjusted Performance
PPSI vs. SPY — Risk-Adjusted Performance Rank
PPSI
SPY
PPSI vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Power Solutions, Inc. (PPSI) 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
PPSI vs. SPY - Dividend Comparison
PPSI's dividend yield for the trailing twelve months is around 38.96%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPSI Pioneer Power Solutions, Inc. | 38.96% | 36.32% | 0.00% | 0.00% | 1.60% | 0.00% | 60.35% | 0.00% | 0.00% | 0.00% | 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
PPSI vs. SPY - Drawdown Comparison
The maximum PPSI drawdown since its inception was -87.12%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PPSI and SPY. For additional features, visit the drawdowns tool.
Volatility
PPSI vs. SPY - Volatility Comparison
Pioneer Power Solutions, Inc. (PPSI) has a higher volatility of 13.93% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that PPSI'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.