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.
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.
Performance
TBLT vs. SPY - Performance Comparison
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Key characteristics
TBLT:
-0.00
SPY:
0.57
TBLT:
1,471.09
SPY:
0.87
TBLT:
368.79
SPY:
1.13
TBLT:
-0.31
SPY:
0.55
TBLT:
-0.54
SPY:
2.11
TBLT:
57.84%
SPY:
4.91%
TBLT:
202,735.88%
SPY:
20.35%
TBLT:
-100.00%
SPY:
-55.19%
TBLT:
-100.00%
SPY:
-5.23%
Returns By Period
In the year-to-date period, TBLT achieves a -38.20% return, which is significantly lower than SPY's -0.89% return.
TBLT
-38.20%
-14.29%
-41.07%
-42.11%
-83.12%
-83.16%
N/A
SPY
-0.89%
5.17%
-2.46%
10.77%
15.38%
16.09%
12.57%
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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.
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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 1.24%.
| 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 | 1.24% | 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.
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Volatility
TBLT vs. SPY - Volatility Comparison
ToughBuilt Industries, Inc. (TBLT) has a higher volatility of 10.98% compared to SPDR S&P 500 ETF (SPY) at 4.45%. 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.
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