Correlation
The correlation between RNMBY and SPY is 0.25, 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.
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.
Performance
RNMBY vs. SPY - Performance Comparison
Loading data...
Key characteristics
RNMBY:
6.04
SPY:
0.70
RNMBY:
5.66
SPY:
1.02
RNMBY:
1.79
SPY:
1.15
RNMBY:
15.78
SPY:
0.68
RNMBY:
37.51
SPY:
2.57
RNMBY:
7.36%
SPY:
4.93%
RNMBY:
47.32%
SPY:
20.42%
RNMBY:
-66.18%
SPY:
-55.19%
RNMBY:
-1.32%
SPY:
-3.55%
Returns By Period
In the year-to-date period, RNMBY achieves a 236.49% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, RNMBY has outperformed SPY with an annualized return of 47.14%, while SPY has yielded a comparatively lower 12.73% annualized return.
RNMBY
236.49%
26.63%
225.76%
273.74%
121.78%
95.14%
47.14%
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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
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.
Loading data...
Dividends
RNMBY vs. SPY - Dividend Comparison
RNMBY's dividend yield for the trailing twelve months is around 0.43%, less than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNMBY Rheinmetall AG ADR | 0.43% | 0.95% | 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 | 1.22% | 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 -66.18%, 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.
Loading data...
Volatility
RNMBY vs. SPY - Volatility Comparison
Rheinmetall AG ADR (RNMBY) has a higher volatility of 13.02% compared to SPDR S&P 500 ETF (SPY) at 4.86%. 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.
Loading data...