SBS vs. SPY
Compare and contrast key facts about Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) 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: SBS or SPY.
Correlation
The correlation between SBS and SPY is 0.38, 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.
Performance
SBS vs. SPY - Performance Comparison
Key characteristics
SBS:
0.22
SPY:
1.72
SBS:
0.52
SPY:
2.33
SBS:
1.06
SPY:
1.32
SBS:
0.27
SPY:
2.61
SBS:
0.58
SPY:
10.82
SBS:
11.19%
SPY:
2.03%
SBS:
29.91%
SPY:
12.75%
SBS:
-76.35%
SPY:
-55.19%
SBS:
-7.89%
SPY:
-1.05%
Returns By Period
In the year-to-date period, SBS achieves a 17.24% return, which is significantly higher than SPY's 2.95% return. Over the past 10 years, SBS has outperformed SPY with an annualized return of 14.65%, while SPY has yielded a comparatively lower 13.13% annualized return.
SBS
17.24%
16.26%
-7.89%
9.70%
4.79%
14.65%
SPY
2.95%
3.78%
11.68%
23.68%
14.09%
13.13%
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Risk-Adjusted Performance
SBS vs. SPY — Risk-Adjusted Performance Rank
SBS
SPY
SBS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) 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
SBS vs. SPY - Dividend Comparison
SBS's dividend yield for the trailing twelve months is around 1.67%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP | 1.67% | 1.96% | 1.66% | 1.88% | 0.97% | 2.93% | 1.99% | 3.85% | 3.67% | 0.69% | 2.48% | 4.86% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SBS vs. SPY - Drawdown Comparison
The maximum SBS drawdown since its inception was -76.35%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SBS and SPY. For additional features, visit the drawdowns tool.
Volatility
SBS vs. SPY - Volatility Comparison
Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) has a higher volatility of 8.76% compared to SPDR S&P 500 ETF (SPY) at 3.45%. This indicates that SBS'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.