Correlation
The correlation between TDW and SPY is 0.35, 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.
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.
Performance
TDW vs. SPY - Performance Comparison
Loading data...
Key characteristics
TDW:
-1.14
SPY:
0.70
TDW:
-2.01
SPY:
1.02
TDW:
0.76
SPY:
1.15
TDW:
-0.63
SPY:
0.68
TDW:
-1.38
SPY:
2.57
TDW:
45.27%
SPY:
4.93%
TDW:
53.91%
SPY:
20.42%
TDW:
-99.79%
SPY:
-55.19%
TDW:
-98.01%
SPY:
-3.55%
Returns By Period
In the year-to-date period, TDW achieves a -27.42% return, which is significantly lower than SPY's 0.87% return. Over the past 10 years, TDW has underperformed SPY with an annualized return of -25.19%, while SPY has yielded a comparatively higher 12.73% annualized return.
TDW
-27.42%
9.73%
-23.22%
-61.46%
15.99%
52.82%
-25.19%
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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
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.
Loading data...
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 1.22%.
| 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 | 1.22% | 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.
Loading data...
Volatility
TDW vs. SPY - Volatility Comparison
Tidewater Inc. (TDW) has a higher volatility of 12.20% compared to SPDR S&P 500 ETF (SPY) at 4.86%. 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.
Loading data...