Correlation
The correlation between SPXCY and FXY is -0.20. 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.
SPXCY vs. FXY
Compare and contrast key facts about Singapore Exchange Ltd ADR (SPXCY) and Invesco CurrencyShares® Japanese Yen Trust (FXY).
FXY is a passively managed fund by Invesco that tracks the performance of the Japanese Yen. It was launched on Feb 12, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPXCY or FXY.
Performance
SPXCY vs. FXY - Performance Comparison
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Key characteristics
SPXCY:
2.27
FXY:
0.72
SPXCY:
3.05
FXY:
1.16
SPXCY:
1.46
FXY:
1.14
SPXCY:
4.00
FXY:
0.16
SPXCY:
15.18
FXY:
1.48
SPXCY:
3.92%
FXY:
5.90%
SPXCY:
26.04%
FXY:
11.89%
SPXCY:
-32.66%
FXY:
-56.03%
SPXCY:
-2.73%
FXY:
-50.78%
Returns By Period
In the year-to-date period, SPXCY achieves a 18.04% return, which is significantly higher than FXY's 9.23% return. Over the past 10 years, SPXCY has outperformed FXY with an annualized return of 10.82%, while FXY has yielded a comparatively lower -1.99% annualized return.
SPXCY
18.04%
-0.03%
16.19%
58.33%
20.08%
18.68%
10.82%
FXY
9.23%
1.17%
3.78%
8.82%
-4.15%
-6.13%
-1.99%
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Risk-Adjusted Performance
SPXCY vs. FXY — Risk-Adjusted Performance Rank
SPXCY
FXY
SPXCY vs. FXY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Singapore Exchange Ltd ADR (SPXCY) and Invesco CurrencyShares® Japanese Yen Trust (FXY). 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.
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Dividends
SPXCY vs. FXY - Dividend Comparison
SPXCY's dividend yield for the trailing twelve months is around 2.50%, while FXY has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
SPXCY Singapore Exchange Ltd ADR | 2.50% | 2.80% | 3.26% | 3.47% | 3.46% | 9.52% | 3.34% | 4.55% | 3.65% | 4.08% | 3.85% | 7.11% |
FXY Invesco CurrencyShares® Japanese Yen Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SPXCY vs. FXY - Drawdown Comparison
The maximum SPXCY drawdown since its inception was -32.66%, smaller than the maximum FXY drawdown of -56.03%. Use the drawdown chart below to compare losses from any high point for SPXCY and FXY.
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Volatility
SPXCY vs. FXY - Volatility Comparison
Singapore Exchange Ltd ADR (SPXCY) has a higher volatility of 5.66% compared to Invesco CurrencyShares® Japanese Yen Trust (FXY) at 4.57%. This indicates that SPXCY's price experiences larger fluctuations and is considered to be riskier than FXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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