SJT vs. SPY
Compare and contrast key facts about San Juan Basin Royalty Trust (SJT) 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: SJT or SPY.
Key characteristics
SJT | SPY | |
---|---|---|
YTD Return | -35.20% | 16.89% |
1Y Return | -50.44% | 24.07% |
3Y Return (Ann) | 0.84% | 8.44% |
5Y Return (Ann) | 19.12% | 14.99% |
10Y Return (Ann) | -9.18% | 12.64% |
Sharpe Ratio | -1.28 | 1.94 |
Daily Std Dev | 39.06% | 12.53% |
Max Drawdown | -92.83% | -55.19% |
Current Drawdown | -77.50% | -2.26% |
Correlation
The correlation between SJT and SPY is 0.22, 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
SJT vs. SPY - Performance Comparison
In the year-to-date period, SJT achieves a -35.20% return, which is significantly lower than SPY's 16.89% return. Over the past 10 years, SJT has underperformed SPY with an annualized return of -9.18%, while SPY has yielded a comparatively higher 12.64% 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
SJT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for San Juan Basin Royalty Trust (SJT) 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
SJT vs. SPY - Dividend Comparison
SJT's dividend yield for the trailing twelve months is around 7.53%, more than SPY's 1.24% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
SJT San Juan Basin Royalty Trust | 7.53% | 21.81% | 14.58% | 12.67% | 5.96% | 6.83% | 8.04% | 10.19% | 4.51% | 8.81% | 9.01% | 4.68% |
SPY SPDR S&P 500 ETF | 1.24% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SJT vs. SPY - Drawdown Comparison
The maximum SJT drawdown since its inception was -92.83%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SJT and SPY. For additional features, visit the drawdowns tool.
Volatility
SJT vs. SPY - Volatility Comparison
San Juan Basin Royalty Trust (SJT) has a higher volatility of 12.24% compared to SPDR S&P 500 ETF (SPY) at 5.52%. This indicates that SJT'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.