RRX vs. SPY
Compare and contrast key facts about Regal Rexnord Corporation (RRX) 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: RRX or SPY.
Correlation
The correlation between RRX and SPY is 0.51, 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
RRX vs. SPY - Performance Comparison
Key characteristics
RRX:
-0.80
SPY:
0.51
RRX:
-1.02
SPY:
0.86
RRX:
0.87
SPY:
1.13
RRX:
-0.73
SPY:
0.55
RRX:
-1.87
SPY:
2.26
RRX:
18.85%
SPY:
4.55%
RRX:
43.90%
SPY:
20.08%
RRX:
-53.65%
SPY:
-55.19%
RRX:
-40.96%
SPY:
-9.89%
Returns By Period
In the year-to-date period, RRX achieves a -30.81% return, which is significantly lower than SPY's -5.76% return. Over the past 10 years, RRX has underperformed SPY with an annualized return of 5.03%, while SPY has yielded a comparatively higher 11.99% annualized return.
RRX
-30.81%
-12.68%
-35.36%
-33.27%
12.34%
5.03%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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Risk-Adjusted Performance
RRX vs. SPY — Risk-Adjusted Performance Rank
RRX
SPY
RRX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Regal Rexnord Corporation (RRX) 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
RRX vs. SPY - Dividend Comparison
RRX's dividend yield for the trailing twelve months is around 1.31%, which matches SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RRX Regal Rexnord Corporation | 1.31% | 0.90% | 0.95% | 1.15% | 4.87% | 0.98% | 1.38% | 1.57% | 1.33% | 1.37% | 1.56% | 1.14% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
RRX vs. SPY - Drawdown Comparison
The maximum RRX drawdown since its inception was -53.65%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RRX and SPY. For additional features, visit the drawdowns tool.
Volatility
RRX vs. SPY - Volatility Comparison
Regal Rexnord Corporation (RRX) has a higher volatility of 26.80% compared to SPDR S&P 500 ETF (SPY) at 15.12%. This indicates that RRX'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.