Correlation
The correlation between SIG and SPY is 0.34, 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.
SIG vs. SPY
Compare and contrast key facts about Signet Jewelers Limited (SIG) 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: SIG or SPY.
Performance
SIG vs. SPY - Performance Comparison
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Key characteristics
SIG:
-0.64
SPY:
0.70
SIG:
-0.66
SPY:
1.02
SIG:
0.91
SPY:
1.15
SIG:
-0.56
SPY:
0.68
SIG:
-1.07
SPY:
2.57
SIG:
32.93%
SPY:
4.93%
SIG:
56.41%
SPY:
20.42%
SIG:
-95.53%
SPY:
-55.19%
SIG:
-46.36%
SPY:
-3.55%
Returns By Period
In the year-to-date period, SIG achieves a -16.67% return, which is significantly lower than SPY's 0.87% return. Over the past 10 years, SIG has underperformed SPY with an annualized return of -4.59%, while SPY has yielded a comparatively higher 12.73% annualized return.
SIG
-16.67%
8.70%
-32.88%
-38.17%
5.17%
46.01%
-4.59%
SPY
0.87%
3.99%
-1.56%
13.18%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
SIG vs. SPY — Risk-Adjusted Performance Rank
SIG
SPY
SIG vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Signet Jewelers Limited (SIG) 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
SIG vs. SPY - Dividend Comparison
SIG's dividend yield for the trailing twelve months is around 1.79%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIG Signet Jewelers Limited | 1.79% | 1.36% | 0.83% | 1.15% | 0.41% | 1.36% | 6.81% | 4.47% | 2.10% | 1.06% | 0.68% | 0.52% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SIG vs. SPY - Drawdown Comparison
The maximum SIG drawdown since its inception was -95.53%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SIG and SPY.
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Volatility
SIG vs. SPY - Volatility Comparison
Signet Jewelers Limited (SIG) has a higher volatility of 13.73% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that SIG'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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