SBS vs. SPY
Compare and contrast key facts about Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) and State Street 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.
Performance
SBS vs. SPY - Performance Comparison
Loading graphics...
SBS vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP | 27.53% | 80.60% | -4.21% | 46.89% | 48.42% | -13.79% | -40.98% | 91.22% | -20.37% | 23.83% |
SPY State Street SPDR S&P 500 ETF | -3.65% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, SBS achieves a 27.53% return, which is significantly higher than SPY's -3.65% return. Over the past 10 years, SBS has outperformed SPY with an annualized return of 19.77%, while SPY has yielded a comparatively lower 14.06% annualized return.
SBS
- 1D
- -1.02%
- 1M
- 2.72%
- YTD
- 27.53%
- 6M
- 29.71%
- 1Y
- 83.36%
- 3Y*
- 51.12%
- 5Y*
- 37.57%
- 10Y*
- 19.77%
SPY
- 1D
- 0.75%
- 1M
- -4.28%
- YTD
- -3.65%
- 6M
- -1.42%
- 1Y
- 18.14%
- 3Y*
- 18.48%
- 5Y*
- 11.86%
- 10Y*
- 14.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SBS vs. SPY — Risk / Return Rank
SBS
SPY
SBS vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) 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.
| SBS | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.52 | 0.96 | +1.56 |
Sortino ratioReturn per unit of downside risk | 3.17 | 1.49 | +1.68 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.23 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 6.33 | 1.53 | +4.80 |
Martin ratioReturn relative to average drawdown | 16.17 | 7.27 | +8.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SBS | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.52 | 0.96 | +1.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.02 | 0.70 | +0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.79 | -0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.56 | -0.20 |
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.
Dividends
SBS vs. SPY - Dividend Comparison
SBS's dividend yield for the trailing twelve months is around 4.21%, more than SPY's 1.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP | 4.21% | 4.68% | 1.96% | 1.66% | 1.88% | 0.97% | 2.93% | 1.99% | 3.86% | 2.76% | 0.65% | 1.91% |
SPY State Street SPDR S&P 500 ETF | 1.13% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
SBS vs. SPY - Drawdown Comparison
The maximum SBS drawdown since its inception was -76.49%, 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.
Loading graphics...
Drawdown Indicators
| SBS | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.49% | -55.19% | -21.30% |
Max Drawdown (1Y)Largest decline over 1 year | -13.39% | -12.05% | -1.34% |
Max Drawdown (5Y)Largest decline over 5 years | -30.35% | -24.50% | -5.85% |
Max Drawdown (10Y)Largest decline over 10 years | -61.91% | -33.72% | -28.19% |
Current DrawdownCurrent decline from peak | -1.02% | -5.53% | +4.51% |
Average DrawdownAverage peak-to-trough decline | -25.82% | -9.09% | -16.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.24% | 2.54% | +2.70% |
Volatility
SBS vs. SPY - Volatility Comparison
Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) has a higher volatility of 13.02% compared to State Street SPDR S&P 500 ETF (SPY) at 5.35%. 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.
Loading graphics...
Volatility by Period
| SBS | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.02% | 5.35% | +7.67% |
Volatility (6M)Calculated over the trailing 6-month period | 23.56% | 9.50% | +14.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.25% | 19.06% | +14.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.07% | 17.06% | +20.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.62% | 17.92% | +25.70% |