SHOO vs. SPY
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 0.37, 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
SHOO vs. SPY - Performance Comparison
Key characteristics
SHOO:
-0.39
SPY:
1.88
SHOO:
-0.39
SPY:
2.53
SHOO:
0.96
SPY:
1.35
SHOO:
-0.40
SPY:
2.83
SHOO:
-1.05
SPY:
11.74
SHOO:
9.57%
SPY:
2.02%
SHOO:
25.95%
SPY:
12.64%
SHOO:
-77.05%
SPY:
-55.19%
SHOO:
-21.76%
SPY:
-0.42%
Returns By Period
In the year-to-date period, SHOO achieves a -8.98% return, which is significantly lower than SPY's 4.15% return. Over the past 10 years, SHOO has underperformed SPY with an annualized return of 6.85%, while SPY has yielded a comparatively higher 13.18% annualized return.
SHOO
-8.98%
-8.12%
-11.14%
-9.55%
3.09%
6.85%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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Risk-Adjusted Performance
SHOO vs. SPY — Risk-Adjusted Performance Rank
SHOO
SPY
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.
Dividends
SHOO vs. SPY - Dividend Comparison
SHOO's dividend yield for the trailing twelve months is around 2.17%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHOO Steven Madden, Ltd. | 2.17% | 1.98% | 2.00% | 2.63% | 1.29% | 0.42% | 1.33% | 1.78% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 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 -77.05%, which is greater than SPY's maximum 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.
Volatility
SHOO vs. SPY - Volatility Comparison
Steven Madden, Ltd. (SHOO) has a higher volatility of 10.26% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that SHOO'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.