REZI vs. SPY
Compare and contrast key facts about Resideo Technologies, Inc. (REZI) 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: REZI or SPY.
Correlation
The correlation between REZI and SPY is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
REZI vs. SPY - Performance Comparison
Key characteristics
REZI:
-0.12
SPY:
0.54
REZI:
0.17
SPY:
0.90
REZI:
1.02
SPY:
1.13
REZI:
-0.06
SPY:
0.57
REZI:
-0.16
SPY:
2.24
REZI:
20.67%
SPY:
4.82%
REZI:
40.16%
SPY:
20.02%
REZI:
-84.97%
SPY:
-55.19%
REZI:
-38.53%
SPY:
-7.53%
Returns By Period
In the year-to-date period, REZI achieves a -13.02% return, which is significantly lower than SPY's -3.30% return.
REZI
-13.02%
36.49%
-7.82%
-4.80%
27.90%
N/A
SPY
-3.30%
13.81%
-4.52%
10.65%
15.81%
12.33%
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Risk-Adjusted Performance
REZI vs. SPY — Risk-Adjusted Performance Rank
REZI
SPY
REZI vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Resideo Technologies, Inc. (REZI) 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
REZI vs. SPY - Dividend Comparison
REZI has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.27%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REZI Resideo Technologies, Inc. | 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 | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
REZI vs. SPY - Drawdown Comparison
The maximum REZI drawdown since its inception was -84.97%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for REZI and SPY. For additional features, visit the drawdowns tool.
Volatility
REZI vs. SPY - Volatility Comparison
Resideo Technologies, Inc. (REZI) has a higher volatility of 15.72% compared to SPDR S&P 500 ETF (SPY) at 12.36%. This indicates that REZI'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.