RSG vs. SPY
RSG (Republic Services, Inc.) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, RSG returned 17.12%/yr vs 15.07%/yr for SPY. Their 0.43 correlation means their historical movements had little consistent relationship.
Performance
RSG vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, RSG achieves a 0.22% return, which is significantly lower than SPY's 10.13% return. Over the past 10 years, RSG has outperformed SPY with an annualized return of 17.12%, while SPY has yielded a comparatively lower 15.07% annualized return.
RSG
- 1D
- -0.37%
- 1M
- -3.12%
- 6M
- -1.55%
- YTD
- 0.22%
- 1Y
- -7.89%
- 3Y*
- 12.74%
- 5Y*
- 13.63%
- 10Y*
- 17.12%
- ALL TIME*
- 11.32%
SPY
- 1D
- 0.72%
- 1M
- 0.30%
- 6M
- 8.53%
- YTD
- 10.13%
- 1Y
- 21.49%
- 3Y*
- 19.32%
- 5Y*
- 12.76%
- 10Y*
- 15.07%
- ALL TIME*
- 10.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $298.39M | $291.13M | $352.98M | |
| $37.27B | $35.99B | $39.23B |
RSG vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RSG Republic Services, Inc. | 0.22% | 6.44% | 23.03% | 29.64% | -6.16% | 47.03% | 9.53% | 26.62% | 8.85% | 20.96% |
SPY State Street SPDR S&P 500 ETF | 10.13% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Correlation
The correlation between RSG and SPY is -0.25, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.25 |
Correlation (3Y) Balances recent behavior with more history. | 0.11 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1998 | 0.43 |
The correlation between RSG and SPY shifts across timeframes, from -0.25 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
RSG vs. SPY — Risk / Return Rank
RSG
SPY
RSG vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Republic Services, Inc. (RSG) and State Street 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RSG | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.93 | ||
| Sortino ratioReturn per unit of downside risk | -2.59 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.27 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 2.20 | -2.69 |
| Martin ratioReturn relative to average drawdown | -0.90 | 9.40 | -10.30 |
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Drawdowns
RSG vs. SPY - Drawdown Comparison
The maximum RSG drawdown since its inception was -65.99%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RSG and SPY.
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Drawdown Indicators
| RSG | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.99% | -55.19% | -10.80% |
Max Drawdown (1Y)Largest decline over 1 year | -15.86% | -8.88% | -6.98% |
Max Drawdown (3Y)Largest decline over 3 years | -22.54% | -18.76% | -3.78% |
Max Drawdown (5Y)Largest decline over 5 years | -22.54% | -24.50% | +1.96% |
Max Drawdown (10Y)Largest decline over 10 years | -34.02% | -33.72% | -0.30% |
Current DrawdownCurrent decline from peak | -17.28% | -1.40% | -15.88% |
Average DrawdownAverage peak-to-trough decline | -11.85% | -9.01% | -2.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.51% | 2.08% | +6.43% |
Volatility
RSG vs. SPY - Volatility Comparison
Republic Services, Inc. (RSG) has a higher volatility of 7.93% compared to State Street SPDR S&P 500 ETF (SPY) at 3.58%. This indicates that RSG'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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Volatility by Period
| RSG | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.93% | 3.58% | +4.35% |
Volatility (6M)Calculated over the trailing 6-month period | 15.63% | 10.14% | +5.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.88% | 12.89% | +5.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.44% | 17.18% | +1.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.24% | 17.95% | +1.29% |
Dividends
RSG vs. SPY - Dividend Comparison
RSG's dividend yield for the trailing twelve months is around 1.19%, more than SPY's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSG Republic Services, Inc. | 1.19% | 1.12% | 0.82% | 1.25% | 1.48% | 1.27% | 1.72% | 1.74% | 2.00% | 1.97% | 2.17% | 2.64% |
SPY State Street SPDR S&P 500 ETF | 1.01% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Frequently Asked Questions
RSG and SPY have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RSG has higher volatility (7.93%) compared to SPY (3.58%). In terms of maximum drawdown, RSG dropped -65.99% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (1.52 vs -0.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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