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.
Key characteristics
| SIG | SPY | |
|---|---|---|
| YTD Return | -6.80% | 9.93% |
| 1Y Return | 39.38% | 28.39% |
| 3Y Return (Ann) | 17.54% | 9.37% |
| 5Y Return (Ann) | 39.27% | 14.68% |
| 10Y Return (Ann) | 1.96% | 12.76% |
| Sharpe Ratio | 0.89 | 2.46 |
| Daily Std Dev | 45.20% | 11.52% |
| Max Drawdown | -97.45% | -55.19% |
| Current Drawdown | -21.22% | -0.43% |
Correlation
The correlation between SIG and SPY is 0.31, 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
SIG vs. SPY - Performance Comparison
In the year-to-date period, SIG achieves a -6.80% return, which is significantly lower than SPY's 9.93% return. Over the past 10 years, SIG has underperformed SPY with an annualized return of 1.96%, while SPY has yielded a comparatively higher 12.76% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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.
Dividends
SIG vs. SPY - Dividend Comparison
SIG's dividend yield for the trailing twelve months is around 0.99%, less than SPY's 1.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIG Signet Jewelers Limited | 0.99% | 0.83% | 1.15% | 0.41% | 1.36% | 6.81% | 4.47% | 2.10% | 1.06% | 0.68% | 0.52% | 0.72% |
SPY SPDR S&P 500 ETF | 1.29% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SIG vs. SPY - Drawdown Comparison
The maximum SIG drawdown since its inception was -97.45%, 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. For additional features, visit the drawdowns tool.
Volatility
SIG vs. SPY - Volatility Comparison
Signet Jewelers Limited (SIG) has a higher volatility of 10.49% compared to SPDR S&P 500 ETF (SPY) at 3.62%. 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.