SNN vs. SPY
Compare and contrast key facts about Smith & Nephew plc (SNN) 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: SNN or SPY.
Performance
SNN vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, SNN achieves a -3.66% return, which is significantly lower than SPY's 24.91% return. Over the past 10 years, SNN has underperformed SPY with an annualized return of -0.86%, while SPY has yielded a comparatively higher 13.04% annualized return.
SNN
-3.66%
-13.60%
-0.90%
2.58%
-7.64%
-0.86%
SPY
24.91%
0.61%
11.66%
32.24%
15.43%
13.04%
Key characteristics
| SNN | SPY | |
|---|---|---|
| Sharpe Ratio | 0.11 | 2.67 |
| Sortino Ratio | 0.31 | 3.56 |
| Omega Ratio | 1.05 | 1.50 |
| Calmar Ratio | 0.06 | 3.85 |
| Martin Ratio | 0.34 | 17.38 |
| Ulcer Index | 8.52% | 1.86% |
| Daily Std Dev | 26.38% | 12.17% |
| Max Drawdown | -55.20% | -55.19% |
| Current Drawdown | -43.89% | -1.77% |
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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.
Risk-Adjusted Performance
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.
Dividends
SNN vs. SPY - Dividend Comparison
SNN's dividend yield for the trailing twelve months is around 2.94%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNN Smith & Nephew plc | 2.94% | 2.75% | 2.79% | 2.17% | 1.78% | 1.51% | 1.96% | 1.76% | 2.08% | 1.71% | 1.52% | 1.85% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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.
Volatility
SNN vs. SPY - Volatility Comparison
Smith & Nephew plc (SNN) has a higher volatility of 15.88% compared to SPDR S&P 500 ETF (SPY) at 4.08%. This indicates that SNN'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.