TDY vs. SPY
Compare and contrast key facts about Teledyne Technologies Incorporated (TDY) 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: TDY or SPY.
Correlation
The correlation between TDY and SPY is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TDY vs. SPY - Performance Comparison
Key characteristics
TDY:
0.59
SPY:
0.30
TDY:
0.94
SPY:
0.56
TDY:
1.15
SPY:
1.08
TDY:
0.59
SPY:
0.31
TDY:
3.56
SPY:
1.40
TDY:
4.29%
SPY:
4.18%
TDY:
25.92%
SPY:
19.64%
TDY:
-66.17%
SPY:
-55.19%
TDY:
-10.92%
SPY:
-13.86%
Returns By Period
In the year-to-date period, TDY achieves a -0.42% return, which is significantly higher than SPY's -9.91% return. Over the past 10 years, TDY has outperformed SPY with an annualized return of 15.60%, while SPY has yielded a comparatively lower 11.57% annualized return.
TDY
-0.42%
-7.29%
3.00%
15.47%
7.78%
15.60%
SPY
-9.91%
-5.89%
-9.03%
6.50%
14.62%
11.57%
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Risk-Adjusted Performance
TDY vs. SPY — Risk-Adjusted Performance Rank
TDY
SPY
TDY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Teledyne Technologies Incorporated (TDY) 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
TDY vs. SPY - Dividend Comparison
TDY has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.36%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TDY Teledyne Technologies Incorporated | 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 | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
TDY vs. SPY - Drawdown Comparison
The maximum TDY drawdown since its inception was -66.17%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TDY and SPY. For additional features, visit the drawdowns tool.
Volatility
TDY vs. SPY - Volatility Comparison
The current volatility for Teledyne Technologies Incorporated (TDY) is 13.04%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that TDY experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.