PW vs. SPY
Compare and contrast key facts about Power REIT (PW) 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: PW or SPY.
Correlation
The correlation between PW and SPY is 0.07, 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
PW vs. SPY - Performance Comparison
Key characteristics
PW:
0.42
SPY:
1.91
PW:
2.41
SPY:
2.57
PW:
1.28
SPY:
1.35
PW:
0.83
SPY:
2.88
PW:
2.04
SPY:
11.96
PW:
40.58%
SPY:
2.03%
PW:
198.04%
SPY:
12.68%
PW:
-99.48%
SPY:
-55.19%
PW:
-98.54%
SPY:
0.00%
Returns By Period
In the year-to-date period, PW achieves a -12.03% return, which is significantly lower than SPY's 4.34% return. Over the past 10 years, PW has underperformed SPY with an annualized return of -19.49%, while SPY has yielded a comparatively higher 13.21% annualized return.
PW
-12.03%
-2.50%
-17.02%
85.66%
-38.09%
-19.49%
SPY
4.34%
2.33%
10.15%
23.99%
14.44%
13.21%
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Risk-Adjusted Performance
PW vs. SPY — Risk-Adjusted Performance Rank
PW
SPY
PW vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Power REIT (PW) 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
PW vs. SPY - Dividend Comparison
PW has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PW Power REIT | 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 | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PW vs. SPY - Drawdown Comparison
The maximum PW drawdown since its inception was -99.48%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PW and SPY. For additional features, visit the drawdowns tool.
Volatility
PW vs. SPY - Volatility Comparison
Power REIT (PW) has a higher volatility of 15.78% compared to SPDR S&P 500 ETF (SPY) at 3.13%. This indicates that PW'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.