SSUMY vs. SPY
Compare and contrast key facts about Sumitomo Corp ADR (SSUMY) 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: SSUMY or SPY.
Correlation
The correlation between SSUMY and SPY is 0.35, 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
SSUMY vs. SPY - Performance Comparison
Key characteristics
SSUMY:
-0.11
SPY:
1.97
SSUMY:
0.03
SPY:
2.64
SSUMY:
1.00
SPY:
1.36
SSUMY:
-0.10
SPY:
2.97
SSUMY:
-0.17
SPY:
12.34
SSUMY:
17.36%
SPY:
2.03%
SSUMY:
26.72%
SPY:
12.68%
SSUMY:
-67.66%
SPY:
-55.19%
SSUMY:
-22.44%
SPY:
-0.01%
Returns By Period
In the year-to-date period, SSUMY achieves a 1.20% return, which is significantly lower than SPY's 4.03% return. Over the past 10 years, SSUMY has underperformed SPY with an annualized return of 11.03%, while SPY has yielded a comparatively higher 13.24% annualized return.
SSUMY
1.20%
5.89%
-5.59%
-5.83%
8.35%
11.03%
SPY
4.03%
2.03%
10.70%
23.63%
14.37%
13.24%
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Risk-Adjusted Performance
SSUMY vs. SPY — Risk-Adjusted Performance Rank
SSUMY
SPY
SSUMY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sumitomo Corp ADR (SSUMY) 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.
Dividends
SSUMY vs. SPY - Dividend Comparison
SSUMY has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSUMY Sumitomo Corp ADR | 0.00% | 0.00% | 3.78% | 5.41% | 4.85% | 4.96% | 5.17% | 4.50% | 2.78% | 3.94% | 3.97% | 4.31% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SSUMY vs. SPY - Drawdown Comparison
The maximum SSUMY drawdown since its inception was -67.66%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SSUMY and SPY. For additional features, visit the drawdowns tool.
Volatility
SSUMY vs. SPY - Volatility Comparison
Sumitomo Corp ADR (SSUMY) has a higher volatility of 8.50% compared to SPDR S&P 500 ETF (SPY) at 3.15%. This indicates that SSUMY'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.