STE vs. SPY
Compare and contrast key facts about STERIS plc (STE) 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: STE or SPY.
Correlation
The correlation between STE and SPY is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
STE vs. SPY - Performance Comparison
Key characteristics
STE:
-0.16
SPY:
2.20
STE:
-0.08
SPY:
2.91
STE:
0.99
SPY:
1.41
STE:
-0.17
SPY:
3.35
STE:
-0.39
SPY:
13.99
STE:
8.42%
SPY:
2.01%
STE:
21.03%
SPY:
12.79%
STE:
-77.21%
SPY:
-55.19%
STE:
-14.97%
SPY:
-1.35%
Returns By Period
The year-to-date returns for both stocks are quite close, with STE having a 1.98% return and SPY slightly lower at 1.96%. Both investments have delivered pretty close results over the past 10 years, with STE having a 13.84% annualized return and SPY not far behind at 13.44%.
STE
1.98%
1.26%
-6.07%
-4.01%
7.34%
13.84%
SPY
1.96%
2.27%
9.55%
27.02%
14.23%
13.44%
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Risk-Adjusted Performance
STE vs. SPY — Risk-Adjusted Performance Rank
STE
SPY
STE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for STERIS plc (STE) 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
STE vs. SPY - Dividend Comparison
STE's dividend yield for the trailing twelve months is around 1.04%, less than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STE STERIS plc | 1.04% | 1.06% | 0.90% | 0.97% | 0.68% | 0.81% | 0.93% | 1.22% | 1.35% | 1.57% | 1.27% | 1.36% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
STE vs. SPY - Drawdown Comparison
The maximum STE drawdown since its inception was -77.21%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for STE and SPY. For additional features, visit the drawdowns tool.
Volatility
STE vs. SPY - Volatility Comparison
The current volatility for STERIS plc (STE) is 4.76%, while SPDR S&P 500 ETF (SPY) has a volatility of 5.10%. This indicates that STE experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.