Correlation
The correlation between ROIC and SPY is 0.46, 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.
ROIC vs. SPY
Compare and contrast key facts about Retail Opportunity Investments Corp. (ROIC) 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: ROIC or SPY.
Performance
ROIC vs. SPY - Performance Comparison
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Key characteristics
Returns By Period
ROIC
N/A
N/A
N/A
N/A
N/A
N/A
N/A
SPY
0.98%
6.45%
-0.84%
13.58%
14.08%
15.83%
12.73%
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Risk-Adjusted Performance
ROIC vs. SPY — Risk-Adjusted Performance Rank
ROIC
SPY
ROIC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Retail Opportunity Investments Corp. (ROIC) 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
ROIC vs. SPY - Dividend Comparison
ROIC has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.21%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROIC Retail Opportunity Investments Corp. | 2.57% | 3.46% | 4.28% | 3.73% | 2.60% | 1.49% | 4.46% | 4.91% | 3.76% | 3.41% | 3.80% | 3.81% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ROIC vs. SPY - Drawdown Comparison
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Volatility
ROIC vs. SPY - Volatility Comparison
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