SU vs. SPY
SU (Suncor Energy Inc.) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, SU returned 14.64%/yr vs 15.07%/yr for SPY. Their 0.35 correlation means their historical movements had little consistent relationship.
Performance
SU vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, SU achieves a 53.86% return, which is significantly higher than SPY's 10.13% return. Both investments have delivered pretty close results over the past 10 years, with SU having a 14.64% annualized return and SPY not far ahead at 15.07%.
SU
- 1D
- 0.82%
- 1M
- 22.22%
- 6M
- 28.85%
- YTD
- 53.86%
- 1Y
- 78.36%
- 3Y*
- 35.03%
- 5Y*
- 33.62%
- 10Y*
- 14.64%
- ALL TIME*
- 15.36%
SPY
- 1D
- 0.72%
- 1M
- 0.30%
- 6M
- 8.53%
- YTD
- 10.13%
- 1Y
- 21.49%
- 3Y*
- 19.32%
- 5Y*
- 12.76%
- 10Y*
- 15.07%
- ALL TIME*
- 10.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $37.27B | $35.99B | $39.23B | |
| $228.79M | $239.64M | $260.51M |
SU vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SU Suncor Energy Inc. | 53.86% | 29.69% | 16.22% | 6.40% | 32.31% | 54.94% | -46.67% | 22.10% | -21.27% | 17.86% |
SPY State Street SPDR S&P 500 ETF | 10.13% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Correlation
The correlation between SU and SPY is -0.11, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.11 |
Correlation (3Y) Balances recent behavior with more history. | 0.10 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.26 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 1993 | 0.35 |
The correlation between SU and SPY shifts across timeframes, from -0.11 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SU vs. SPY — Risk / Return Rank
SU
SPY
SU vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Suncor Energy Inc. (SU) and State Street 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SU | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.27 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.39 | 2.20 | +1.19 |
| Martin ratioReturn relative to average drawdown | 11.37 | 9.40 | +1.97 |
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Drawdowns
SU vs. SPY - Drawdown Comparison
The maximum SU drawdown since its inception was -80.22%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SU and SPY.
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Drawdown Indicators
| SU | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.22% | -55.19% | -25.03% |
Max Drawdown (1Y)Largest decline over 1 year | -22.67% | -8.88% | -13.79% |
Max Drawdown (3Y)Largest decline over 3 years | -22.67% | -18.76% | -3.91% |
Max Drawdown (5Y)Largest decline over 5 years | -36.58% | -24.50% | -12.08% |
Max Drawdown (10Y)Largest decline over 10 years | -73.54% | -33.72% | -39.82% |
Current DrawdownCurrent decline from peak | -2.87% | -1.40% | -1.47% |
Average DrawdownAverage peak-to-trough decline | -27.35% | -9.01% | -18.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.75% | 2.08% | +4.67% |
Volatility
SU vs. SPY - Volatility Comparison
Suncor Energy Inc. (SU) has a higher volatility of 8.37% compared to State Street SPDR S&P 500 ETF (SPY) at 3.58%. This indicates that SU'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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Volatility by Period
| SU | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.37% | 3.58% | +4.79% |
Volatility (6M)Calculated over the trailing 6-month period | 21.30% | 10.14% | +11.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.73% | 12.89% | +12.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.77% | 17.18% | +15.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.95% | 17.95% | +19.00% |
Dividends
SU vs. SPY - Dividend Comparison
SU's dividend yield for the trailing twelve months is around 2.55%, more than SPY's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPY State Street SPDR S&P 500 ETF | 1.01% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
SU Suncor Energy Inc. | 2.55% | 3.72% | 4.51% | 5.27% | 4.56% | 3.34% | 4.93% | 3.84% | 4.24% | 4.16% | 3.55% | 4.42% |
Frequently Asked Questions
SU and SPY have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SU has higher volatility (8.37%) compared to SPY (3.58%). In terms of maximum drawdown, SU dropped -80.22% vs SPY's -55.19%.
SU currently has the higher Sharpe Ratio (2.99 vs 1.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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