ROP vs. SPY
Compare and contrast key facts about Roper Technologies, Inc. (ROP) 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: ROP or SPY.
Correlation
The correlation between ROP 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.

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ROP vs. SPY - Performance Comparison
Key characteristics
ROP:
0.12
SPY:
0.37
ROP:
0.30
SPY:
0.68
ROP:
1.04
SPY:
1.10
ROP:
0.20
SPY:
0.38
ROP:
0.52
SPY:
1.90
ROP:
4.88%
SPY:
3.74%
ROP:
21.13%
SPY:
19.03%
ROP:
-58.95%
SPY:
-55.19%
ROP:
-6.61%
SPY:
-10.22%
Returns By Period
In the year-to-date period, ROP achieves a 6.85% return, which is significantly higher than SPY's -6.11% return. Over the past 10 years, ROP has outperformed SPY with an annualized return of 13.21%, while SPY has yielded a comparatively lower 12.02% annualized return.
ROP
6.85%
-3.80%
1.74%
2.48%
12.59%
13.21%
SPY
-6.11%
-1.84%
-4.33%
6.99%
16.28%
12.02%
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Risk-Adjusted Performance
ROP vs. SPY — Risk-Adjusted Performance Rank
ROP
SPY
ROP vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roper Technologies, Inc. (ROP) 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
ROP vs. SPY - Dividend Comparison
ROP's dividend yield for the trailing twelve months is around 0.57%, less than SPY's 1.31% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
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Drawdowns
ROP vs. SPY - Drawdown Comparison
The maximum ROP drawdown since its inception was -58.95%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ROP and SPY. For additional features, visit the drawdowns tool.
Volatility
ROP vs. SPY - Volatility Comparison
The current volatility for Roper Technologies, Inc. (ROP) is NaN%, while SPDR S&P 500 ETF (SPY) has a volatility of NaN%. This indicates that ROP experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
User Portfolios with ROP or SPY
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YTD
Recent discussions
Dividend Paying Stock Portfolio
4803heights
Performance return calculation
Is the performance return calculation include dividend or interest paid and for the case of ETF's is the expense fee subtracted?
Thanks!
Marcus Crahan
Filtering portfolio screening columns
Bee Zee