SPY vs. ^SP500TR
Compare and contrast key facts about SPDR S&P 500 ETF (SPY) and S&P 500 Total Return (^SP500TR).
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: SPY or ^SP500TR.
Correlation
The correlation between SPY and ^SP500TR is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SPY vs. ^SP500TR - Performance Comparison
Key characteristics
SPY:
0.54
^SP500TR:
0.56
SPY:
0.89
^SP500TR:
0.91
SPY:
1.13
^SP500TR:
1.13
SPY:
0.58
^SP500TR:
0.58
SPY:
2.39
^SP500TR:
2.43
SPY:
4.51%
^SP500TR:
4.51%
SPY:
20.07%
^SP500TR:
19.43%
SPY:
-55.19%
^SP500TR:
-55.25%
SPY:
-10.54%
^SP500TR:
-10.52%
Returns By Period
The year-to-date returns for both investments are quite close, with SPY having a -6.44% return and ^SP500TR slightly higher at -6.37%. Both investments have delivered pretty close results over the past 10 years, with SPY having a 11.95% annualized return and ^SP500TR not far ahead at 12.05%.
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
^SP500TR
-6.37%
-4.97%
-4.97%
9.62%
15.92%
12.05%
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Risk-Adjusted Performance
SPY vs. ^SP500TR — Risk-Adjusted Performance Rank
SPY
^SP500TR
SPY vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 500 ETF (SPY) and S&P 500 Total Return (^SP500TR). 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.
Drawdowns
SPY vs. ^SP500TR - Drawdown Comparison
The maximum SPY drawdown since its inception was -55.19%, roughly equal to the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for SPY and ^SP500TR. For additional features, visit the drawdowns tool.
Volatility
SPY vs. ^SP500TR - Volatility Comparison
SPDR S&P 500 ETF (SPY) has a higher volatility of 15.13% compared to S&P 500 Total Return (^SP500TR) at 14.21%. This indicates that SPY's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.