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

Correlation

The correlation between SNN and SPY is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.4

Performance

SNN vs. SPY - Performance Comparison

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

450.00%500.00%550.00%600.00%December2025FebruaryMarchAprilMay
537.90%
523.75%
SNN
SPY

Key characteristics

Sharpe Ratio

SNN:

0.64

SPY:

0.54

Sortino Ratio

SNN:

0.99

SPY:

0.90

Omega Ratio

SNN:

1.16

SPY:

1.13

Calmar Ratio

SNN:

0.37

SPY:

0.58

Martin Ratio

SNN:

1.43

SPY:

2.32

Ulcer Index

SNN:

12.34%

SPY:

4.69%

Daily Std Dev

SNN:

27.77%

SPY:

20.01%

Max Drawdown

SNN:

-55.20%

SPY:

-55.19%

Current Drawdown

SNN:

-36.97%

SPY:

-8.61%

Returns By Period

In the year-to-date period, SNN achieves a 16.71% return, which is significantly higher than SPY's -4.42% return. Over the past 10 years, SNN has underperformed SPY with an annualized return of 0.09%, while SPY has yielded a comparatively higher 12.16% annualized return.


SNN

YTD

16.71%

1M

0.11%

6M

14.33%

1Y

19.98%

5Y*

-3.47%

10Y*

0.09%

SPY

YTD

-4.42%

1M

-0.45%

6M

-1.16%

1Y

13.04%

5Y*

16.32%

10Y*

12.16%

*Annualized

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Risk-Adjusted Performance

SNN vs. SPY — Risk-Adjusted Performance Rank

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

SNN
The Risk-Adjusted Performance Rank of SNN is 6969
Overall Rank
The Sharpe Ratio Rank of SNN is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of SNN is 6565
Sortino Ratio Rank
The Omega Ratio Rank of SNN is 6969
Omega Ratio Rank
The Calmar Ratio Rank of SNN is 6868
Calmar Ratio Rank
The Martin Ratio Rank of SNN is 6969
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 6262
Overall Rank
The Sharpe Ratio Rank of SPY is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 6060
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 6363
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 6565
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 6464
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.

SNN vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Smith & Nephew plc (SNN) 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 SNN, currently valued at 0.64, compared to the broader market-2.00-1.000.001.002.003.00
SNN: 0.64
SPY: 0.54
The chart of Sortino ratio for SNN, currently valued at 0.99, compared to the broader market-6.00-4.00-2.000.002.004.00
SNN: 0.99
SPY: 0.90
The chart of Omega ratio for SNN, currently valued at 1.16, compared to the broader market0.501.001.502.00
SNN: 1.16
SPY: 1.13
The chart of Calmar ratio for SNN, currently valued at 0.37, compared to the broader market0.001.002.003.004.005.00
SNN: 0.37
SPY: 0.58
The chart of Martin ratio for SNN, currently valued at 1.43, compared to the broader market-10.000.0010.0020.00
SNN: 1.43
SPY: 2.32

The current SNN Sharpe Ratio is 0.64, which is comparable to the SPY Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of SNN 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 Ratio0.001.002.003.00December2025FebruaryMarchAprilMay
0.64
0.54
SNN
SPY

Dividends

SNN vs. SPY - Dividend Comparison

SNN's dividend yield for the trailing twelve months is around 2.66%, more than SPY's 1.28% yield.


TTM20242023202220212020201920182017201620152014
SNN
Smith & Nephew plc
2.66%3.05%2.75%2.79%2.17%1.78%1.51%1.96%1.76%2.08%1.71%1.52%
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

SNN vs. SPY - Drawdown Comparison

The maximum SNN drawdown since its inception was -55.20%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SNN and SPY. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-36.97%
-8.61%
SNN
SPY

Volatility

SNN vs. SPY - Volatility Comparison

The current volatility for Smith & Nephew plc (SNN) is 10.90%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.00%. This indicates that SNN 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.


0.00%5.00%10.00%15.00%December2025FebruaryMarchAprilMay
10.90%
15.00%
SNN
SPY