RNMBY vs. SPY
Compare and contrast key facts about Rheinmetall AG ADR (RNMBY) 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: RNMBY or SPY.
Correlation
The correlation between RNMBY and SPY is 0.27, 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
RNMBY vs. SPY - Performance Comparison
Key characteristics
RNMBY:
3.72
SPY:
1.87
RNMBY:
4.22
SPY:
2.52
RNMBY:
1.57
SPY:
1.35
RNMBY:
7.94
SPY:
2.81
RNMBY:
17.67
SPY:
11.69
RNMBY:
8.18%
SPY:
2.02%
RNMBY:
38.82%
SPY:
12.65%
RNMBY:
-66.19%
SPY:
-55.19%
RNMBY:
0.00%
SPY:
0.00%
Returns By Period
In the year-to-date period, RNMBY achieves a 55.15% return, which is significantly higher than SPY's 4.58% return. Over the past 10 years, RNMBY has outperformed SPY with an annualized return of 39.95%, while SPY has yielded a comparatively lower 13.23% annualized return.
RNMBY
55.15%
37.86%
63.74%
128.13%
63.31%
39.95%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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Risk-Adjusted Performance
RNMBY vs. SPY — Risk-Adjusted Performance Rank
RNMBY
SPY
RNMBY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rheinmetall AG ADR (RNMBY) 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
RNMBY vs. SPY - Dividend Comparison
RNMBY's dividend yield for the trailing twelve months is around 0.62%, less than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNMBY Rheinmetall AG ADR | 0.62% | 0.96% | 1.48% | 1.83% | 2.56% | 2.43% | 2.04% | 2.37% | 1.21% | 1.99% | 0.49% | 1.25% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
RNMBY vs. SPY - Drawdown Comparison
The maximum RNMBY drawdown since its inception was -66.19%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RNMBY and SPY. For additional features, visit the drawdowns tool.
Volatility
RNMBY vs. SPY - Volatility Comparison
Rheinmetall AG ADR (RNMBY) has a higher volatility of 19.42% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that RNMBY'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.