SCM vs. SPY
Compare and contrast key facts about Stellus Capital Investment Corporation (SCM) 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
SCM vs. SPY - Performance Comparison
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SCM vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCM Stellus Capital Investment Corporation | -25.00% | 3.74% | 20.35% | 8.71% | 10.60% | 30.12% | -14.12% | 21.00% | 9.57% | 20.26% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 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, SCM achieves a -25.00% return, which is significantly lower than SPY's -4.37% return. Over the past 10 years, SCM has underperformed SPY with an annualized return of 10.03%, while SPY has yielded a comparatively higher 13.98% annualized return.
SCM
- 1D
- 2.03%
- 1M
- -6.93%
- YTD
- -25.00%
- 6M
- -24.75%
- 1Y
- -25.58%
- 3Y*
- -2.31%
- 5Y*
- 4.02%
- 10Y*
- 10.03%
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
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Return for Risk
SCM vs. SPY — Risk / Return Rank
SCM
SPY
SCM vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Stellus Capital Investment Corporation (SCM) 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.
| SCM | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.93 | 0.93 | -1.86 |
Sortino ratioReturn per unit of downside risk | -1.18 | 1.45 | -2.64 |
Omega ratioGain probability vs. loss probability | 0.85 | 1.22 | -0.38 |
Calmar ratioReturn relative to maximum drawdown | -0.68 | 1.53 | -2.21 |
Martin ratioReturn relative to average drawdown | -1.73 | 7.30 | -9.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SCM | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.93 | 0.93 | -1.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.69 | -0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | 0.78 | -0.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.56 | -0.35 |
Correlation
The correlation between SCM and SPY is 0.32, 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
SCM vs. SPY - Dividend Comparison
SCM's dividend yield for the trailing twelve months is around 16.72%, more than SPY's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCM Stellus Capital Investment Corporation | 16.72% | 12.62% | 11.62% | 12.45% | 8.14% | 8.29% | 10.57% | 9.55% | 10.50% | 10.35% | 11.27% | 14.10% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
SCM vs. SPY - Drawdown Comparison
The maximum SCM drawdown since its inception was -66.06%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SCM and SPY.
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Drawdown Indicators
| SCM | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.06% | -55.19% | -10.87% |
Max Drawdown (1Y)Largest decline over 1 year | -38.26% | -12.05% | -26.21% |
Max Drawdown (5Y)Largest decline over 5 years | -38.26% | -24.50% | -13.76% |
Max Drawdown (10Y)Largest decline over 10 years | -66.06% | -33.72% | -32.34% |
Current DrawdownCurrent decline from peak | -33.90% | -6.24% | -27.66% |
Average DrawdownAverage peak-to-trough decline | -9.37% | -9.09% | -0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.16% | 2.52% | +12.64% |
Volatility
SCM vs. SPY - Volatility Comparison
Stellus Capital Investment Corporation (SCM) has a higher volatility of 14.36% compared to State Street SPDR S&P 500 ETF (SPY) at 5.31%. This indicates that SCM'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
| SCM | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.36% | 5.31% | +9.05% |
Volatility (6M)Calculated over the trailing 6-month period | 21.14% | 9.47% | +11.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.66% | 19.05% | +8.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.91% | 17.06% | +4.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.77% | 17.92% | +18.85% |