RIGL vs. SPY
Compare and contrast key facts about Rigel Pharmaceuticals, Inc. (RIGL) 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: RIGL or SPY.
Correlation
The correlation between RIGL and SPY is 0.36, 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
RIGL vs. SPY - Performance Comparison
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Key characteristics
RIGL:
1.28
SPY:
0.68
RIGL:
2.29
SPY:
1.09
RIGL:
1.28
SPY:
1.16
RIGL:
1.04
SPY:
0.73
RIGL:
4.72
SPY:
2.81
RIGL:
21.87%
SPY:
4.88%
RIGL:
84.70%
SPY:
20.30%
RIGL:
-99.37%
SPY:
-55.19%
RIGL:
-98.16%
SPY:
-2.66%
Returns By Period
In the year-to-date period, RIGL achieves a 17.12% return, which is significantly higher than SPY's 1.80% return. Over the past 10 years, RIGL has underperformed SPY with an annualized return of -5.75%, while SPY has yielded a comparatively higher 12.75% annualized return.
RIGL
17.12%
16.91%
-13.37%
107.28%
-0.67%
-0.10%
-5.75%
SPY
1.80%
13.00%
1.78%
13.78%
16.84%
16.59%
12.75%
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Risk-Adjusted Performance
RIGL vs. SPY — Risk-Adjusted Performance Rank
RIGL
SPY
RIGL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rigel Pharmaceuticals, Inc. (RIGL) 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.
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Dividends
RIGL vs. SPY - Dividend Comparison
RIGL has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.20%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RIGL Rigel Pharmaceuticals, 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 | 1.20% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
RIGL vs. SPY - Drawdown Comparison
The maximum RIGL drawdown since its inception was -99.37%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RIGL and SPY. For additional features, visit the drawdowns tool.
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Volatility
RIGL vs. SPY - Volatility Comparison
Rigel Pharmaceuticals, Inc. (RIGL) has a higher volatility of 13.17% compared to SPDR S&P 500 ETF (SPY) at 5.51%. This indicates that RIGL'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.
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