SLNG vs. SPY

Last updated Jun 24, 2026

SLNG (Stabilis Solutions, Inc.) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, SLNG returned -14.19%/yr vs 15.53%/yr for SPY. At a 0.10 correlation, their price movements are largely independent.

Performance

SLNG vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Stabilis Solutions, Inc. (SLNG) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SLNG achieves a -1.10% return, which is significantly lower than SPY's 8.15% return. Over the past 10 years, SLNG has underperformed SPY with an annualized return of -14.19%, while SPY has yielded a comparatively higher 15.53% annualized return.

SLNG

• 1D: -0.22%
• 1M: 8.70%
• YTD: -1.10%
• 6M: -3.64%
• 1Y: -11.07%
• 3Y*: 0.60%
• 5Y*: -14.95%
• 10Y*: -14.19%

SPY

• 1D: -1.45%
• 1M: -1.36%
• YTD: 8.15%
• 6M: 7.20%
• 1Y: 23.59%
• 3Y*: 20.68%
• 5Y*: 13.05%
• 10Y*: 15.53%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SLNG vs. SPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SLNG Stabilis Solutions, Inc.	-1.10%	-14.95%	28.92%	-21.92%	25.65%	53.82%	-41.49%	-32.47%	-42.00%	-3.23%
SPY State Street SPDR S&P 500 ETF	8.15%	17.72%	24.89%	26.18%	-18.18%	28.73%	18.33%	31.22%	-4.57%	21.71%

Correlation

The correlation between SLNG and SPY is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (10Y) Calculated over the trailing 10-year period	0.10
Correlation (All Time) Calculated using the full available price history since Dec 28, 2006	0.10

The correlation between SLNG and SPY shifts across timeframes, from -0.03 (1 year) to 0.13 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

SLNG vs. SPY — Risk / Return Rank

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

SLNG

SLNG Risk / Return Rank: 37
SLNG Sharpe Ratio Rank: 37
SLNG Sortino Ratio Rank: 41
SLNG Omega Ratio Rank: 40
SLNG Calmar Ratio Rank: 35
SLNG Martin Ratio Rank: 33

SPY

SPY Risk / Return Rank: 59
SPY Sharpe Ratio Rank: 58
SPY Sortino Ratio Rank: 56
SPY Omega Ratio Rank: 57
SPY Calmar Ratio Rank: 56
SPY Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SLNG vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Stabilis Solutions, Inc. (SLNG) and State Street 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SLNG	SPY	Difference
Sharpe ratio: Return per unit of total volatility	-0.14	1.90	-2.04
Sortino ratio: Return per unit of downside risk	0.37	2.58	-2.21
Omega ratio: Gain probability vs. loss probability	1.05	1.34	-0.30
Calmar ratio: Return relative to maximum drawdown	-0.25	2.67	-2.91
Martin ratio: Return relative to average drawdown	-0.53	11.92	-12.45

SLNG vs. SPY - Sharpe Ratio Comparison

The current SLNG Sharpe Ratio is -0.14, which is lower than the SPY Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of SLNG and SPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SLNG vs. SPY - Drawdown Comparison

The maximum SLNG drawdown since its inception was -98.96%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SLNG and SPY.

Drawdown Indicators

	SLNG	SPY	Difference
Max Drawdown Largest peak-to-trough decline	-98.96%	-55.19%	-43.77%
Max Drawdown (1Y) Largest decline over 1 year	-45.05%	-8.88%	-36.17%
Max Drawdown (3Y) Largest decline over 3 years	-58.66%	-18.76%	-39.90%
Max Drawdown (5Y) Largest decline over 5 years	-72.34%	-24.50%	-47.84%
Max Drawdown (10Y) Largest decline over 10 years	-97.09%	-33.72%	-63.37%
Current Drawdown Current decline from peak	-94.93%	-3.17%	-91.76%
Average Drawdown Average peak-to-trough decline	-74.88%	-9.04%	-65.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.79%	1.98%	+18.81%

Volatility

SLNG vs. SPY - Volatility Comparison

Stabilis Solutions, Inc. (SLNG) has a higher volatility of 30.36% compared to State Street SPDR S&P 500 ETF (SPY) at 4.87%. This indicates that SLNG'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.

Volatility by Period

	SLNG	SPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.36%	4.87%	+25.49%
Volatility (6M) Calculated over the trailing 6-month period	66.44%	9.85%	+56.59%
Volatility (1Y) Calculated over the trailing 1-year period	79.57%	12.50%	+67.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.55%	17.15%	+60.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	118.15%	17.95%	+100.20%

Dividends

SLNG vs. SPY - Dividend Comparison

SLNG has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.03%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SLNG Stabilis Solutions, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPY State Street SPDR S&P 500 ETF	1.03%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%

Frequently Asked Questions

Can I hold both SLNG and SPY in my portfolio?

SLNG and SPY have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SLNG or SPY?

SLNG has higher volatility (30.36%) compared to SPY (4.87%). In terms of maximum drawdown, SLNG dropped -98.96% vs SPY's -55.19%.

Which has better risk-adjusted returns?

SPY currently has the higher Sharpe Ratio (1.90 vs -0.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.