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:
-0.14
SPY:
2.21
SBS:
0.00
SPY:
2.93
SBS:
1.00
SPY:
1.41
SBS:
-0.17
SPY:
3.26
SBS:
-0.43
SPY:
14.40
SBS:
9.58%
SPY:
1.90%
SBS:
29.22%
SPY:
12.44%
SBS:
-76.35%
SPY:
-55.19%
SBS:
-21.71%
SPY:
-1.83%
Returns By Period
In the year-to-date period, SBS achieves a -4.55% return, which is significantly lower than SPY's 26.72% return. Over the past 10 years, SBS has underperformed SPY with an annualized return of 10.86%, while SPY has yielded a comparatively higher 13.04% annualized return.
SBS
-4.55%
-15.50%
-0.56%
-5.36%
1.60%
10.86%
SPY
26.72%
0.20%
10.28%
27.17%
14.87%
13.04%
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Risk-Adjusted Performance
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 1.97%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP | 1.97% | 1.66% | 1.88% | 0.97% | 2.93% | 1.99% | 3.85% | 3.67% | 0.69% | 2.48% | 4.86% | 6.46% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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 12.79% compared to SPDR S&P 500 ETF (SPY) at 3.83%. 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.