SPY vs. RNP
Compare and contrast key facts about SPDR S&P 500 ETF (SPY) and Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP).
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: SPY or RNP.
Correlation
The correlation between SPY and RNP is 0.54, 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
SPY vs. RNP - Performance Comparison
Key characteristics
SPY:
0.50
RNP:
0.75
SPY:
0.88
RNP:
1.13
SPY:
1.13
RNP:
1.15
SPY:
0.56
RNP:
0.90
SPY:
2.17
RNP:
2.27
SPY:
4.85%
RNP:
6.51%
SPY:
20.02%
RNP:
19.34%
SPY:
-55.19%
RNP:
-87.10%
SPY:
-7.65%
RNP:
-7.19%
Returns By Period
In the year-to-date period, SPY achieves a -3.42% return, which is significantly lower than RNP's 5.79% return. Over the past 10 years, SPY has outperformed RNP with an annualized return of 12.35%, while RNP has yielded a comparatively lower 9.92% annualized return.
SPY
-3.42%
2.87%
-5.06%
9.87%
15.76%
12.35%
RNP
5.79%
4.72%
-4.59%
14.39%
13.05%
9.92%
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Risk-Adjusted Performance
SPY vs. RNP — Risk-Adjusted Performance Rank
SPY
RNP
SPY vs. RNP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 500 ETF (SPY) and Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP). 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
SPY vs. RNP - Dividend Comparison
SPY's dividend yield for the trailing twelve months is around 1.27%, less than RNP's 7.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RNP Cohen & Steers REIT and Preferred Income Fund, Inc. | 7.58% | 7.81% | 8.10% | 13.26% | 5.20% | 6.52% | 6.25% | 8.36% | 7.00% | 7.75% | 8.03% | 6.79% |
Drawdowns
SPY vs. RNP - Drawdown Comparison
The maximum SPY drawdown since its inception was -55.19%, smaller than the maximum RNP drawdown of -87.10%. Use the drawdown chart below to compare losses from any high point for SPY and RNP. For additional features, visit the drawdowns tool.
Volatility
SPY vs. RNP - Volatility Comparison
SPDR S&P 500 ETF (SPY) has a higher volatility of 7.48% compared to Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) at 5.46%. This indicates that SPY's price experiences larger fluctuations and is considered to be riskier than RNP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.