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SKY vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SKY and SPY is 0.38, 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.


-0.50.00.51.0
Correlation: 0.4

Performance

SKY vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Skyline Champion Corporation (SKY) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

500.00%1,000.00%1,500.00%2,000.00%NovemberDecember2025FebruaryMarchApril
570.19%
2,152.01%
SKY
SPY

Key characteristics

Sharpe Ratio

SKY:

0.23

SPY:

0.51

Sortino Ratio

SKY:

0.65

SPY:

0.86

Omega Ratio

SKY:

1.08

SPY:

1.13

Calmar Ratio

SKY:

0.34

SPY:

0.55

Martin Ratio

SKY:

0.80

SPY:

2.26

Ulcer Index

SKY:

11.54%

SPY:

4.55%

Daily Std Dev

SKY:

40.51%

SPY:

20.08%

Max Drawdown

SKY:

-93.03%

SPY:

-55.19%

Current Drawdown

SKY:

-22.14%

SPY:

-9.89%

Returns By Period

In the year-to-date period, SKY achieves a -3.73% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, SKY has outperformed SPY with an annualized return of 37.71%, while SPY has yielded a comparatively lower 12.16% annualized return.


SKY

YTD

-3.73%

1M

-9.85%

6M

-3.77%

1Y

11.08%

5Y*

32.91%

10Y*

37.71%

SPY

YTD

-5.76%

1M

-0.90%

6M

-4.30%

1Y

9.72%

5Y*

15.76%

10Y*

12.16%

*Annualized

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Risk-Adjusted Performance

SKY vs. SPY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SKY
The Risk-Adjusted Performance Rank of SKY is 6161
Overall Rank
The Sharpe Ratio Rank of SKY is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of SKY is 5757
Sortino Ratio Rank
The Omega Ratio Rank of SKY is 5555
Omega Ratio Rank
The Calmar Ratio Rank of SKY is 6868
Calmar Ratio Rank
The Martin Ratio Rank of SKY is 6363
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 6363
Overall Rank
The Sharpe Ratio Rank of SPY is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 6161
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 6464
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 6666
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 6565
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SKY vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Skyline Champion Corporation (SKY) 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.


The chart of Sharpe ratio for SKY, currently valued at 0.23, compared to the broader market-2.00-1.000.001.002.003.00
SKY: 0.23
SPY: 0.51
The chart of Sortino ratio for SKY, currently valued at 0.65, compared to the broader market-6.00-4.00-2.000.002.004.00
SKY: 0.65
SPY: 0.86
The chart of Omega ratio for SKY, currently valued at 1.08, compared to the broader market0.501.001.502.00
SKY: 1.08
SPY: 1.13
The chart of Calmar ratio for SKY, currently valued at 0.34, compared to the broader market0.001.002.003.004.005.00
SKY: 0.34
SPY: 0.55
The chart of Martin ratio for SKY, currently valued at 0.80, compared to the broader market-5.000.005.0010.0015.0020.00
SKY: 0.80
SPY: 2.26

The current SKY Sharpe Ratio is 0.23, which is lower than the SPY Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of SKY and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.23
0.51
SKY
SPY

Dividends

SKY vs. SPY - Dividend Comparison

SKY has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.30%.


TTM20242023202220212020201920182017201620152014
SKY
Skyline Champion Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%4.25%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.30%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

SKY vs. SPY - Drawdown Comparison

The maximum SKY drawdown since its inception was -93.03%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SKY and SPY. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-22.14%
-9.89%
SKY
SPY

Volatility

SKY vs. SPY - Volatility Comparison

Skyline Champion Corporation (SKY) and SPDR S&P 500 ETF (SPY) have volatilities of 15.51% and 15.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
15.51%
15.12%
SKY
SPY