RHM.DE vs. SPY
Compare and contrast key facts about Rheinmetall AG (RHM.DE) 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: RHM.DE or SPY.
Key characteristics
| RHM.DE | SPY | |
|---|---|---|
| YTD Return | 84.38% | 16.65% |
| 1Y Return | 112.61% | 24.36% |
| 3Y Return (Ann) | 87.12% | 8.36% |
| 5Y Return (Ann) | 39.25% | 14.92% |
| 10Y Return (Ann) | 30.74% | 12.62% |
| Sharpe Ratio | 3.69 | 1.90 |
| Daily Std Dev | 31.34% | 12.51% |
| Max Drawdown | -76.51% | -55.19% |
| Current Drawdown | -7.07% | -2.46% |
Correlation
The correlation between RHM.DE and SPY 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
RHM.DE vs. SPY - Performance Comparison
In the year-to-date period, RHM.DE achieves a 84.38% return, which is significantly higher than SPY's 16.65% return. Over the past 10 years, RHM.DE has outperformed SPY with an annualized return of 30.74%, while SPY has yielded a comparatively lower 12.62% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
RHM.DE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rheinmetall AG (RHM.DE) 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
RHM.DE vs. SPY - Dividend Comparison
RHM.DE's dividend yield for the trailing twelve months is around 1.09%, less than SPY's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RHM.DE Rheinmetall AG | 1.09% | 1.50% | 1.77% | 2.41% | 5.54% | 2.05% | 2.20% | 1.37% | 1.72% | 0.49% | 1.10% | 4.01% |
SPY SPDR S&P 500 ETF | 1.24% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
RHM.DE vs. SPY - Drawdown Comparison
The maximum RHM.DE drawdown since its inception was -76.51%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RHM.DE and SPY. For additional features, visit the drawdowns tool.
Volatility
RHM.DE vs. SPY - Volatility Comparison
Rheinmetall AG (RHM.DE) has a higher volatility of 8.30% compared to SPDR S&P 500 ETF (SPY) at 4.43%. This indicates that RHM.DE'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.