SINGY vs. SPY
Compare and contrast key facts about Singapore Airlines Ltd (SINGY) 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: SINGY or SPY.
Correlation
The correlation between SINGY and SPY is 0.17, 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
SINGY vs. SPY - Performance Comparison
Key characteristics
SINGY:
0.87
SPY:
1.01
SINGY:
1.18
SPY:
1.40
SINGY:
1.20
SPY:
1.19
SINGY:
0.71
SPY:
1.57
SINGY:
2.36
SPY:
6.03
SINGY:
6.54%
SPY:
2.19%
SINGY:
17.76%
SPY:
13.11%
SINGY:
-61.54%
SPY:
-55.19%
SINGY:
-5.33%
SPY:
-6.56%
Returns By Period
In the year-to-date period, SINGY achieves a 7.93% return, which is significantly higher than SPY's -2.28% return. Over the past 10 years, SINGY has underperformed SPY with an annualized return of 2.69%, while SPY has yielded a comparatively higher 12.62% annualized return.
SINGY
7.93%
8.52%
7.04%
13.29%
8.11%
2.69%
SPY
-2.28%
-4.83%
4.87%
13.79%
15.79%
12.62%
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Risk-Adjusted Performance
SINGY vs. SPY — Risk-Adjusted Performance Rank
SINGY
SPY
SINGY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Singapore Airlines Ltd (SINGY) 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
SINGY vs. SPY - Dividend Comparison
SINGY's dividend yield for the trailing twelve months is around 6.98%, more than SPY's 1.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SINGY Singapore Airlines Ltd | 7.14% | 7.54% | 5.68% | 1.73% | 0.04% | 0.00% | 4.61% | 5.80% | 2.73% | 6.92% | 3.51% | 5.32% |
SPY SPDR S&P 500 ETF | 1.28% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SINGY vs. SPY - Drawdown Comparison
The maximum SINGY drawdown since its inception was -61.54%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SINGY and SPY. For additional features, visit the drawdowns tool.
Volatility
SINGY vs. SPY - Volatility Comparison
The current volatility for Singapore Airlines Ltd (SINGY) is 3.97%, while SPDR S&P 500 ETF (SPY) has a volatility of 5.13%. This indicates that SINGY experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.