SPOT vs. USFR
Compare and contrast key facts about Spotify Technology S.A. (SPOT) and WisdomTree Bloomberg Floating Rate Treasury Fund (USFR).
USFR is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg U.S. Treasury Floating Rate Bond Index. It was launched on Feb 4, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPOT or USFR.
Performance
SPOT vs. USFR - Performance Comparison
Returns By Period
In the year-to-date period, SPOT achieves a 150.49% return, which is significantly higher than USFR's 4.88% return.
SPOT
150.49%
21.43%
56.63%
159.77%
27.36%
N/A
USFR
4.88%
0.45%
2.46%
5.32%
2.52%
2.42%
Key characteristics
| SPOT | USFR | |
|---|---|---|
| Sharpe Ratio | 4.52 | 15.33 |
| Sortino Ratio | 5.63 | 56.08 |
| Omega Ratio | 1.71 | 13.95 |
| Calmar Ratio | 3.24 | 90.34 |
| Martin Ratio | 43.42 | 769.68 |
| Ulcer Index | 3.76% | 0.01% |
| Daily Std Dev | 36.18% | 0.35% |
| Max Drawdown | -80.51% | -1.36% |
| Current Drawdown | -1.42% | 0.00% |
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Correlation
The correlation between SPOT and USFR is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Risk-Adjusted Performance
SPOT vs. USFR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Spotify Technology S.A. (SPOT) and WisdomTree Bloomberg Floating Rate Treasury Fund (USFR). 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
SPOT vs. USFR - Dividend Comparison
SPOT has not paid dividends to shareholders, while USFR's dividend yield for the trailing twelve months is around 5.29%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
SPOT Spotify Technology S.A. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USFR WisdomTree Bloomberg Floating Rate Treasury Fund | 5.29% | 5.12% | 1.78% | 0.01% | 0.40% | 2.08% | 1.67% | 1.04% | 0.29% |
Drawdowns
SPOT vs. USFR - Drawdown Comparison
The maximum SPOT drawdown since its inception was -80.51%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for SPOT and USFR. For additional features, visit the drawdowns tool.
Volatility
SPOT vs. USFR - Volatility Comparison
Spotify Technology S.A. (SPOT) has a higher volatility of 12.97% compared to WisdomTree Bloomberg Floating Rate Treasury Fund (USFR) at 0.09%. This indicates that SPOT's price experiences larger fluctuations and is considered to be riskier than USFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.