Correlation
The correlation between RPRX and SPY is 0.32, 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.
RPRX vs. SPY
Compare and contrast key facts about Royalty Pharma plc (RPRX) 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: RPRX or SPY.
Performance
RPRX vs. SPY - Performance Comparison
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Key characteristics
RPRX:
1.13
SPY:
0.67
RPRX:
1.78
SPY:
1.03
RPRX:
1.23
SPY:
1.15
RPRX:
0.53
SPY:
0.69
RPRX:
4.37
SPY:
2.61
RPRX:
6.01%
SPY:
4.92%
RPRX:
24.43%
SPY:
20.44%
RPRX:
-49.68%
SPY:
-55.19%
RPRX:
-31.45%
SPY:
-3.44%
Returns By Period
In the year-to-date period, RPRX achieves a 29.66% return, which is significantly higher than SPY's 0.98% return.
RPRX
29.66%
0.45%
24.35%
27.35%
-5.08%
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
RPRX vs. SPY — Risk-Adjusted Performance Rank
RPRX
SPY
RPRX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Royalty Pharma plc (RPRX) 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
RPRX vs. SPY - Dividend Comparison
RPRX's dividend yield for the trailing twelve months is around 2.63%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RPRX Royalty Pharma plc | 2.63% | 3.29% | 2.85% | 1.92% | 1.71% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
RPRX vs. SPY - Drawdown Comparison
The maximum RPRX drawdown since its inception was -49.68%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RPRX and SPY.
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Volatility
RPRX vs. SPY - Volatility Comparison
Royalty Pharma plc (RPRX) has a higher volatility of 7.59% compared to SPDR S&P 500 ETF (SPY) at 4.85%. This indicates that RPRX'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.
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