SHBI vs. SPYG
Compare and contrast key facts about Shore Bancshares, Inc. (SHBI) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHBI or SPYG.
Correlation
The correlation between SHBI and SPYG is 0.26, 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
SHBI vs. SPYG - Performance Comparison
Key characteristics
SHBI:
1.20
SPYG:
1.64
SHBI:
1.99
SPYG:
2.17
SHBI:
1.24
SPYG:
1.30
SHBI:
0.68
SPYG:
2.33
SHBI:
5.80
SPYG:
8.95
SHBI:
6.33%
SPYG:
3.32%
SHBI:
30.73%
SPYG:
18.18%
SHBI:
-85.55%
SPYG:
-67.79%
SHBI:
-27.72%
SPYG:
-3.03%
Returns By Period
In the year-to-date period, SHBI achieves a -2.76% return, which is significantly lower than SPYG's 1.92% return. Over the past 10 years, SHBI has underperformed SPYG with an annualized return of 7.86%, while SPYG has yielded a comparatively higher 14.95% annualized return.
SHBI
-2.76%
-0.70%
9.97%
40.10%
2.57%
7.86%
SPYG
1.92%
-2.53%
10.64%
25.88%
16.08%
14.95%
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Risk-Adjusted Performance
SHBI vs. SPYG — Risk-Adjusted Performance Rank
SHBI
SPYG
SHBI vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shore Bancshares, Inc. (SHBI) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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
SHBI vs. SPYG - Dividend Comparison
SHBI's dividend yield for the trailing twelve months is around 3.14%, more than SPYG's 0.59% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHBI Shore Bancshares, Inc. | 3.14% | 3.03% | 3.37% | 2.75% | 2.30% | 3.29% | 2.42% | 2.20% | 1.32% | 0.92% | 0.37% | 0.00% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.59% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% |
Drawdowns
SHBI vs. SPYG - Drawdown Comparison
The maximum SHBI drawdown since its inception was -85.55%, which is greater than SPYG's maximum drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for SHBI and SPYG. For additional features, visit the drawdowns tool.
Volatility
SHBI vs. SPYG - Volatility Comparison
Shore Bancshares, Inc. (SHBI) has a higher volatility of 8.08% compared to SPDR Portfolio S&P 500 Growth ETF (SPYG) at 5.73%. This indicates that SHBI's price experiences larger fluctuations and is considered to be riskier than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.