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RELY vs. ^SP500TR
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between RELY and ^SP500TR is 0.20, 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

RELY vs. ^SP500TR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Remitly Global, Inc. (RELY) and S&P 500 Total Return (^SP500TR). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

RELY:

118.62%

^SP500TR:

19.57%

Max Drawdown

RELY:

-1.28%

^SP500TR:

-55.25%

Current Drawdown

RELY:

-1.28%

^SP500TR:

-5.17%

Returns By Period


RELY

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

^SP500TR

YTD

-0.77%

1M

8.41%

6M

-2.45%

1Y

12.74%

5Y*

16.98%

10Y*

12.63%

*Annualized

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Risk-Adjusted Performance

RELY vs. ^SP500TR — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RELY
The Risk-Adjusted Performance Rank of RELY is 8686
Overall Rank
The Sharpe Ratio Rank of RELY is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of RELY is 9090
Sortino Ratio Rank
The Omega Ratio Rank of RELY is 8585
Omega Ratio Rank
The Calmar Ratio Rank of RELY is 7979
Calmar Ratio Rank
The Martin Ratio Rank of RELY is 8585
Martin Ratio Rank

^SP500TR
The Risk-Adjusted Performance Rank of ^SP500TR is 8080
Overall Rank
The Sharpe Ratio Rank of ^SP500TR is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of ^SP500TR is 7676
Sortino Ratio Rank
The Omega Ratio Rank of ^SP500TR is 7878
Omega Ratio Rank
The Calmar Ratio Rank of ^SP500TR is 8686
Calmar Ratio Rank
The Martin Ratio Rank of ^SP500TR is 8484
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

RELY vs. ^SP500TR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Remitly Global, Inc. (RELY) and S&P 500 Total Return (^SP500TR). 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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Drawdowns

RELY vs. ^SP500TR - Drawdown Comparison

The maximum RELY drawdown since its inception was -1.28%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for RELY and ^SP500TR. For additional features, visit the drawdowns tool.


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Volatility

RELY vs. ^SP500TR - Volatility Comparison


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