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:
-0.89
SPY:
0.68
RC:
-1.01
SPY:
0.98
RC:
0.83
SPY:
1.13
RC:
-0.64
SPY:
0.95
RC:
-1.75
SPY:
3.13
RC:
19.93%
SPY:
3.03%
RC:
39.47%
SPY:
13.89%
RC:
-76.33%
SPY:
-55.19%
RC:
-51.07%
SPY:
-7.62%
Returns By Period
In the year-to-date period, RC achieves a -23.14% return, which is significantly lower than SPY's -3.39% return. Over the past 10 years, RC has underperformed SPY with an annualized return of -0.50%, while SPY has yielded a comparatively higher 12.54% annualized return.
RC
-23.14%
3.39%
-26.29%
-33.32%
18.16%
-0.50%
SPY
-3.39%
-3.01%
-0.13%
10.19%
19.68%
12.54%
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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 18.10%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RC Ready Capital Corporation | 18.10% | 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 | 1.27% | 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 11.31% compared to SPDR S&P 500 ETF (SPY) at 5.76%. 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.