SLNO vs. SPY
Compare and contrast key facts about Soleno Therapeutics, Inc. (SLNO) 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: SLNO or SPY.
Correlation
The correlation between SLNO 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
SLNO vs. SPY - Performance Comparison
Key characteristics
SLNO:
-0.14
SPY:
1.47
SLNO:
0.20
SPY:
2.00
SLNO:
1.02
SPY:
1.27
SLNO:
-0.08
SPY:
2.21
SLNO:
-0.49
SPY:
9.10
SLNO:
15.65%
SPY:
2.04%
SLNO:
56.18%
SPY:
12.64%
SLNO:
-99.86%
SPY:
-55.19%
SLNO:
-93.16%
SPY:
-3.05%
Returns By Period
In the year-to-date period, SLNO achieves a -0.20% return, which is significantly lower than SPY's 1.39% return. Over the past 10 years, SLNO has underperformed SPY with an annualized return of -21.03%, while SPY has yielded a comparatively higher 12.91% annualized return.
SLNO
-0.20%
-6.66%
-8.52%
-12.89%
2.38%
-21.03%
SPY
1.39%
-2.26%
6.50%
18.95%
16.66%
12.91%
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Risk-Adjusted Performance
SLNO vs. SPY — Risk-Adjusted Performance Rank
SLNO
SPY
SLNO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Soleno Therapeutics, Inc. (SLNO) 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
SLNO vs. SPY - Dividend Comparison
SLNO has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLNO Soleno Therapeutics, 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 SPDR S&P 500 ETF | 1.19% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SLNO vs. SPY - Drawdown Comparison
The maximum SLNO drawdown since its inception was -99.86%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SLNO and SPY. For additional features, visit the drawdowns tool.
Volatility
SLNO vs. SPY - Volatility Comparison
Soleno Therapeutics, Inc. (SLNO) has a higher volatility of 10.38% compared to SPDR S&P 500 ETF (SPY) at 3.36%. This indicates that SLNO'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.