TBLT vs. SPY
Compare and contrast key facts about ToughBuilt Industries, Inc. (TBLT) 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: TBLT or SPY.
Correlation
The correlation between TBLT and SPY is 0.19, 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
TBLT vs. SPY - Performance Comparison
Key characteristics
TBLT:
-0.00
SPY:
0.51
TBLT:
1,465.62
SPY:
0.86
TBLT:
348.83
SPY:
1.13
TBLT:
-0.21
SPY:
0.55
TBLT:
-0.40
SPY:
2.26
TBLT:
53.75%
SPY:
4.55%
TBLT:
202,735.76%
SPY:
20.08%
TBLT:
-100.00%
SPY:
-55.19%
TBLT:
-100.00%
SPY:
-9.89%
Returns By Period
In the year-to-date period, TBLT achieves a -27.90% return, which is significantly lower than SPY's -5.76% return.
TBLT
-27.90%
9.38%
-28.70%
-23.61%
-83.19%
N/A
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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Risk-Adjusted Performance
TBLT vs. SPY — Risk-Adjusted Performance Rank
TBLT
SPY
TBLT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ToughBuilt Industries, Inc. (TBLT) 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
TBLT vs. SPY - Dividend Comparison
TBLT has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.30%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TBLT ToughBuilt Industries, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
TBLT vs. SPY - Drawdown Comparison
The maximum TBLT drawdown since its inception was -100.00%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TBLT and SPY. For additional features, visit the drawdowns tool.
Volatility
TBLT vs. SPY - Volatility Comparison
ToughBuilt Industries, Inc. (TBLT) has a higher volatility of 24.43% compared to SPDR S&P 500 ETF (SPY) at 15.12%. This indicates that TBLT'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.