TE vs. SPY
TE (T1 Energy Inc) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 3 years, TE returned 9.59%/yr vs 20.68%/yr for SPY. At a 0.39 correlation, their price movements are largely independent.
Performance
TE vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, TE achieves a 38.32% return, which is significantly higher than SPY's 8.15% return.
TE
- 1D
- -11.15%
- 1M
- 14.36%
- YTD
- 38.32%
- 6M
- 29.96%
- 1Y
- 600.00%
- 3Y*
- 9.59%
- 5Y*
- —
- 10Y*
- —
SPY
- 1D
- -1.45%
- 1M
- -1.36%
- YTD
- 8.15%
- 6M
- 7.20%
- 1Y
- 23.59%
- 3Y*
- 20.68%
- 5Y*
- 13.05%
- 10Y*
- 15.53%
TE vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TE T1 Energy Inc | 38.32% | 158.91% | 37.97% | -78.46% | -22.36% | 18.31% |
SPY State Street SPDR S&P 500 ETF | 8.15% | 17.72% | 24.89% | 26.18% | -18.18% | 10.06% |
Correlation
The correlation between TE and SPY is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 2021 | 0.39 |
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Return for Risk
TE vs. SPY — Risk / Return Rank
TE
SPY
TE vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T1 Energy Inc (TE) and State Street 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TE | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.34 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 10.33 | 2.67 | +7.67 |
| Martin ratioReturn relative to average drawdown | 24.49 | 11.92 | +12.57 |
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Drawdowns
TE vs. SPY - Drawdown Comparison
The maximum TE drawdown since its inception was -94.09%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TE and SPY.
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Drawdown Indicators
| TE | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.09% | -55.19% | -38.90% |
Max Drawdown (1Y)Largest decline over 1 year | -58.59% | -8.88% | -49.71% |
Max Drawdown (3Y)Largest decline over 3 years | -90.35% | -18.76% | -71.59% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.50% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.72% | — |
Current DrawdownCurrent decline from peak | -42.54% | -3.17% | -39.37% |
Average DrawdownAverage peak-to-trough decline | -60.14% | -9.04% | -51.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.67% | 1.98% | +22.69% |
Volatility
TE vs. SPY - Volatility Comparison
T1 Energy Inc (TE) has a higher volatility of 45.70% compared to State Street SPDR S&P 500 ETF (SPY) at 4.87%. This indicates that TE'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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Volatility by Period
| TE | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 45.70% | 4.87% | +40.83% |
Volatility (6M)Calculated over the trailing 6-month period | 89.28% | 9.85% | +79.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 127.10% | 12.50% | +114.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 101.31% | 17.15% | +84.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 101.31% | 17.95% | +83.36% |
Dividends
TE vs. SPY - Dividend Comparison
TE has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.03%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPY State Street SPDR S&P 500 ETF | 1.03% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
TE T1 Energy 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% |
Frequently Asked Questions
TE and SPY have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TE has higher volatility (45.70%) compared to SPY (4.87%). In terms of maximum drawdown, TE dropped -94.09% vs SPY's -55.19%.
TE currently has the higher Sharpe Ratio (4.77 vs 1.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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