SPI vs. IWM
Compare and contrast key facts about SPI Energy Co., Ltd. (SPI) and iShares Russell 2000 ETF (IWM).
IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPI or IWM.
Correlation
The correlation between SPI and IWM is 0.27, 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
SPI vs. IWM - Performance Comparison
Key characteristics
Returns By Period
SPI
N/A
N/A
N/A
N/A
N/A
N/A
IWM
2.48%
0.43%
5.76%
15.19%
7.68%
7.79%
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Risk-Adjusted Performance
SPI vs. IWM — Risk-Adjusted Performance Rank
SPI
IWM
SPI vs. IWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPI Energy Co., Ltd. (SPI) and iShares Russell 2000 ETF (IWM). 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
SPI vs. IWM - Dividend Comparison
SPI has not paid dividends to shareholders, while IWM's dividend yield for the trailing twelve months is around 1.12%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPI SPI Energy Co., Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWM iShares Russell 2000 ETF | 1.12% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% |
Drawdowns
SPI vs. IWM - Drawdown Comparison
Volatility
SPI vs. IWM - Volatility Comparison
The current volatility for SPI Energy Co., Ltd. (SPI) is 0.00%, while iShares Russell 2000 ETF (IWM) has a volatility of 4.12%. This indicates that SPI experiences smaller price fluctuations and is considered to be less risky than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.