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SHOO vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

SHOO vs. SPY

Last updated May 12, 2025

Compare and contrast key facts about Steven Madden, Ltd. (SHOO) 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: SHOO or SPY.

Correlation

The correlation between SHOO and SPY is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

SHOO vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Steven Madden, Ltd. (SHOO) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

SHOO:

146.54%

SPY:

20.02%

Max Drawdown

SHOO:

-3.65%

SPY:

-55.19%

Current Drawdown

SHOO:

-3.65%

SPY:

-7.65%

Returns By Period

SHOO

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

SPY

YTD

-3.42%

1M

5.69%

6M

-5.06%

1Y

9.73%

5Y*

16.26%

10Y*

12.24%

*Annualized

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

SHOO vs. SPY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SHOO
The Risk-Adjusted Performance Rank of SHOO is 66
Overall Rank
The Sharpe Ratio Rank of SHOO is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of SHOO is 77
Sortino Ratio Rank
The Omega Ratio Rank of SHOO is 77
Omega Ratio Rank
The Calmar Ratio Rank of SHOO is 99
Calmar Ratio Rank
The Martin Ratio Rank of SHOO is 33
Martin Ratio Rank
SPY
The Risk-Adjusted Performance Rank of SPY is 6363
Overall Rank
The Sharpe Ratio Rank of SPY is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 6161
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 6464
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 6666
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 6565
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SHOO vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Steven Madden, Ltd. (SHOO) 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.

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Dividends

SHOO vs. SPY - Dividend Comparison

SHOO's dividend yield for the trailing twelve months is around 3.66%, more than SPY's 1.27% yield.

TTM20242023202220212020201920182017201620152014
SHOO
Steven Madden, Ltd.		3.66%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF		1.27%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

SHOO vs. SPY - Drawdown Comparison

The maximum SHOO drawdown since its inception was -3.65%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SHOO and SPY. For additional features, visit the drawdowns tool.

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Volatility

SHOO vs. SPY - Volatility Comparison

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