STNG vs. SPY
Compare and contrast key facts about Scorpio Tankers Inc. (STNG) 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: STNG or SPY.
Correlation
The correlation between STNG and SPY is 0.34, 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
STNG vs. SPY - Performance Comparison
Key characteristics
STNG:
-0.80
SPY:
1.81
STNG:
-1.06
SPY:
2.43
STNG:
0.88
SPY:
1.33
STNG:
-0.54
SPY:
2.73
STNG:
-1.19
SPY:
11.35
STNG:
21.90%
SPY:
2.03%
STNG:
32.55%
SPY:
12.77%
STNG:
-91.08%
SPY:
-55.19%
STNG:
-46.61%
SPY:
-0.80%
Returns By Period
In the year-to-date period, STNG achieves a -3.22% return, which is significantly lower than SPY's 3.20% return. Over the past 10 years, STNG has underperformed SPY with an annualized return of -2.30%, while SPY has yielded a comparatively higher 13.17% annualized return.
STNG
-3.22%
-12.32%
-34.72%
-25.15%
17.83%
-2.30%
SPY
3.20%
4.20%
14.15%
22.23%
14.16%
13.17%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
STNG vs. SPY — Risk-Adjusted Performance Rank
STNG
SPY
STNG vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Scorpio Tankers Inc. (STNG) 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
STNG vs. SPY - Dividend Comparison
STNG's dividend yield for the trailing twelve months is around 3.33%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STNG Scorpio Tankers Inc. | 3.33% | 3.22% | 1.73% | 0.74% | 3.12% | 3.57% | 1.27% | 2.27% | 1.31% | 11.04% | 6.17% | 4.49% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
STNG vs. SPY - Drawdown Comparison
The maximum STNG drawdown since its inception was -91.08%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for STNG and SPY. For additional features, visit the drawdowns tool.
Volatility
STNG vs. SPY - Volatility Comparison
Scorpio Tankers Inc. (STNG) has a higher volatility of 14.70% compared to SPDR S&P 500 ETF (SPY) at 3.82%. This indicates that STNG'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.