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SAVE vs. IVV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SAVE and IVV is 0.42, 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.


-0.50.00.51.00.4

Performance

SAVE vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Spirit Airlines, Inc. (SAVE) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%400.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
-98.57%
475.51%
SAVE
IVV

Key characteristics

Sharpe Ratio

SAVE:

-0.61

IVV:

2.25

Sortino Ratio

SAVE:

-1.67

IVV:

2.98

Omega Ratio

SAVE:

0.69

IVV:

1.42

Calmar Ratio

SAVE:

-0.99

IVV:

3.32

Martin Ratio

SAVE:

-1.36

IVV:

14.68

Ulcer Index

SAVE:

72.69%

IVV:

1.90%

Daily Std Dev

SAVE:

162.03%

IVV:

12.43%

Max Drawdown

SAVE:

-99.83%

IVV:

-55.25%

Current Drawdown

SAVE:

-99.80%

IVV:

-2.52%

Returns By Period

In the year-to-date period, SAVE achieves a -99.06% return, which is significantly lower than IVV's 25.92% return. Over the past 10 years, SAVE has underperformed IVV with an annualized return of -46.03%, while IVV has yielded a comparatively higher 13.05% annualized return.


SAVE

YTD

-99.06%

1M

15.38%

6M

-96.13%

1Y

-99.06%

5Y*

-67.49%

10Y*

-46.03%

IVV

YTD

25.92%

1M

0.33%

6M

9.27%

1Y

26.64%

5Y*

14.77%

10Y*

13.05%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

SAVE vs. IVV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Spirit Airlines, Inc. (SAVE) and iShares Core S&P 500 ETF (IVV). 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.


Sharpe ratio
The chart of Sharpe ratio for SAVE, currently valued at -0.62, compared to the broader market-4.00-2.000.002.00-0.622.25
The chart of Sortino ratio for SAVE, currently valued at -1.85, compared to the broader market-4.00-2.000.002.004.00-1.852.98
The chart of Omega ratio for SAVE, currently valued at 0.66, compared to the broader market0.501.001.502.000.661.42
The chart of Calmar ratio for SAVE, currently valued at -0.99, compared to the broader market0.002.004.006.00-0.993.32
The chart of Martin ratio for SAVE, currently valued at -1.28, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.2814.68
SAVE
IVV

The current SAVE Sharpe Ratio is -0.61, which is lower than the IVV Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of SAVE and IVV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.62
2.25
SAVE
IVV

Dividends

SAVE vs. IVV - Dividend Comparison

SAVE's dividend yield for the trailing twelve months is around 133.33%, more than IVV's 1.29% yield.


TTM20232022202120202019201820172016201520142013
SAVE
Spirit Airlines, Inc.
133.33%7.32%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IVV
iShares Core S&P 500 ETF
1.29%1.44%1.66%1.20%1.57%1.99%2.21%1.75%2.01%2.27%1.83%1.80%

Drawdowns

SAVE vs. IVV - Drawdown Comparison

The maximum SAVE drawdown since its inception was -99.83%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for SAVE and IVV. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-99.80%
-2.52%
SAVE
IVV

Volatility

SAVE vs. IVV - Volatility Comparison

Spirit Airlines, Inc. (SAVE) has a higher volatility of 10.45% compared to iShares Core S&P 500 ETF (IVV) at 3.75%. This indicates that SAVE's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
10.45%
3.75%
SAVE
IVV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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