TDW vs. SPY
Compare and contrast key facts about Tidewater Inc. (TDW) 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: TDW or SPY.
Correlation
The correlation between TDW 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
TDW vs. SPY - Performance Comparison
Key characteristics
TDW:
-0.36
SPY:
2.20
TDW:
-0.23
SPY:
2.91
TDW:
0.97
SPY:
1.41
TDW:
-0.18
SPY:
3.35
TDW:
-0.61
SPY:
13.99
TDW:
28.93%
SPY:
2.01%
TDW:
49.14%
SPY:
12.79%
TDW:
-99.79%
SPY:
-55.19%
TDW:
-97.22%
SPY:
-1.35%
Returns By Period
In the year-to-date period, TDW achieves a 1.81% return, which is significantly lower than SPY's 1.96% return. Over the past 10 years, TDW has underperformed SPY with an annualized return of -24.23%, while SPY has yielded a comparatively higher 13.29% annualized return.
TDW
1.81%
13.67%
-46.77%
-18.46%
28.28%
-24.23%
SPY
1.96%
1.09%
8.43%
25.46%
14.30%
13.29%
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Risk-Adjusted Performance
TDW vs. SPY — Risk-Adjusted Performance Rank
TDW
SPY
TDW vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tidewater Inc. (TDW) 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
TDW vs. SPY - Dividend Comparison
TDW has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TDW Tidewater Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% | 0.00% | 0.00% | 0.04% | 0.00% | 14.75% | 3.17% |
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
TDW vs. SPY - Drawdown Comparison
The maximum TDW drawdown since its inception was -99.79%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TDW and SPY. For additional features, visit the drawdowns tool.
Volatility
TDW vs. SPY - Volatility Comparison
Tidewater Inc. (TDW) has a higher volatility of 15.05% compared to SPDR S&P 500 ETF (SPY) at 5.10%. This indicates that TDW'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.