RC vs. SPY
Compare and contrast key facts about Ready Capital Corporation (RC) 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: RC or SPY.
Correlation
The correlation between RC and SPY is 0.40, 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
RC vs. SPY - Performance Comparison
Key characteristics
RC:
-0.55
SPY:
2.20
RC:
-0.60
SPY:
2.91
RC:
0.93
SPY:
1.41
RC:
-0.41
SPY:
3.35
RC:
-1.10
SPY:
13.99
RC:
14.87%
SPY:
2.01%
RC:
29.57%
SPY:
12.79%
RC:
-76.33%
SPY:
-55.19%
RC:
-34.19%
SPY:
-1.35%
Returns By Period
In the year-to-date period, RC achieves a 3.37% return, which is significantly higher than SPY's 1.96% return. Over the past 10 years, RC has underperformed SPY with an annualized return of 3.23%, while SPY has yielded a comparatively higher 13.44% annualized return.
RC
3.37%
1.90%
-19.26%
-16.76%
-3.03%
3.23%
SPY
1.96%
2.27%
9.55%
27.02%
14.23%
13.44%
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Risk-Adjusted Performance
RC vs. SPY — Risk-Adjusted Performance Rank
RC
SPY
RC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ready Capital Corporation (RC) 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
RC vs. SPY - Dividend Comparison
RC's dividend yield for the trailing twelve months is around 15.60%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RC Ready Capital Corporation | 15.60% | 16.13% | 14.24% | 14.90% | 10.62% | 10.44% | 10.38% | 11.35% | 9.77% | 13.75% | 10.61% | 9.28% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
RC vs. SPY - Drawdown Comparison
The maximum RC drawdown since its inception was -76.33%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RC and SPY. For additional features, visit the drawdowns tool.
Volatility
RC vs. SPY - Volatility Comparison
Ready Capital Corporation (RC) has a higher volatility of 10.06% compared to SPDR S&P 500 ETF (SPY) at 5.10%. This indicates that RC'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.