SSSS vs. SPY
Compare and contrast key facts about SuRo Capital Corp. (SSSS) 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: SSSS or SPY.
Correlation
The correlation between SSSS and SPY is 0.31, 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
SSSS vs. SPY - Performance Comparison
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Key characteristics
SSSS:
0.83
SPY:
0.55
SSSS:
1.43
SPY:
0.94
SSSS:
1.19
SPY:
1.14
SSSS:
0.56
SPY:
0.61
SSSS:
3.16
SPY:
2.35
SSSS:
12.72%
SPY:
4.89%
SSSS:
60.37%
SPY:
20.34%
SSSS:
-77.47%
SPY:
-55.19%
SSSS:
-51.95%
SPY:
-4.62%
Returns By Period
In the year-to-date period, SSSS achieves a 6.29% return, which is significantly higher than SPY's -0.25% return. Over the past 10 years, SSSS has underperformed SPY with an annualized return of 5.74%, while SPY has yielded a comparatively higher 12.52% annualized return.
SSSS
6.29%
40.13%
28.07%
49.52%
-4.00%
14.24%
5.74%
SPY
-0.25%
13.42%
-0.66%
11.09%
16.05%
16.24%
12.52%
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Risk-Adjusted Performance
SSSS vs. SPY — Risk-Adjusted Performance Rank
SSSS
SPY
SSSS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SuRo Capital Corp. (SSSS) 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.
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Dividends
SSSS vs. SPY - Dividend Comparison
SSSS has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.23%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
SSSS SuRo Capital Corp. | 0.00% | 0.00% | 0.00% | 5.79% | 61.78% | 6.65% | 4.89% | 0.00% | 0.00% | 55.67% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.23% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SSSS vs. SPY - Drawdown Comparison
The maximum SSSS drawdown since its inception was -77.47%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SSSS and SPY. For additional features, visit the drawdowns tool.
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Volatility
SSSS vs. SPY - Volatility Comparison
SuRo Capital Corp. (SSSS) has a higher volatility of 12.70% compared to SPDR S&P 500 ETF (SPY) at 4.79%. This indicates that SSSS'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.
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