Correlation
The correlation between RBA 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.
RBA vs. SPY
Compare and contrast key facts about Ritchie Bros. Auctioneers Incorporated (RBA) 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: RBA or SPY.
Performance
RBA vs. SPY - Performance Comparison
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Key characteristics
RBA:
1.65
SPY:
0.70
RBA:
2.45
SPY:
1.02
RBA:
1.30
SPY:
1.15
RBA:
2.89
SPY:
0.68
RBA:
8.24
SPY:
2.57
RBA:
5.05%
SPY:
4.93%
RBA:
27.51%
SPY:
20.42%
RBA:
-53.53%
SPY:
-55.19%
RBA:
-3.17%
SPY:
-3.55%
Returns By Period
In the year-to-date period, RBA achieves a 17.41% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, RBA has outperformed SPY with an annualized return of 15.91%, while SPY has yielded a comparatively lower 12.73% annualized return.
RBA
17.41%
5.64%
8.34%
46.65%
23.23%
21.82%
15.91%
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
RBA vs. SPY — Risk-Adjusted Performance Rank
RBA
SPY
RBA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ritchie Bros. Auctioneers Incorporated (RBA) 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.
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Dividends
RBA vs. SPY - Dividend Comparison
RBA's dividend yield for the trailing twelve months is around 1.10%, less than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RBA Ritchie Bros. Auctioneers Incorporated | 1.10% | 1.24% | 3.23% | 1.80% | 1.54% | 1.21% | 1.77% | 2.14% | 2.27% | 1.94% | 2.49% | 2.01% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
RBA vs. SPY - Drawdown Comparison
The maximum RBA drawdown since its inception was -53.53%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RBA and SPY.
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Volatility
RBA vs. SPY - Volatility Comparison
Ritchie Bros. Auctioneers Incorporated (RBA) has a higher volatility of 5.81% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that RBA'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.
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