TECK vs. SPY
Compare and contrast key facts about Teck Resources Limited (TECK) 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: TECK or SPY.
Key characteristics
| TECK | SPY | |
|---|---|---|
| YTD Return | 16.61% | 5.94% |
| 1Y Return | 9.04% | 22.56% |
| 3Y Return (Ann) | 34.71% | 7.95% |
| 5Y Return (Ann) | 19.00% | 13.35% |
| 10Y Return (Ann) | 9.74% | 12.34% |
| Sharpe Ratio | 0.17 | 1.93 |
| Daily Std Dev | 37.32% | 11.63% |
| Max Drawdown | -95.26% | -55.19% |
| Current Drawdown | -3.68% | -4.05% |
Correlation
The correlation between TECK and SPY is 0.44, 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
TECK vs. SPY - Performance Comparison
In the year-to-date period, TECK achieves a 16.61% return, which is significantly higher than SPY's 5.94% return. Over the past 10 years, TECK has underperformed SPY with an annualized return of 9.74%, while SPY has yielded a comparatively higher 12.34% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
TECK vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Teck Resources Limited (TECK) 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
TECK vs. SPY - Dividend Comparison
TECK's dividend yield for the trailing twelve months is around 0.76%, less than SPY's 1.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TECK Teck Resources Limited | 0.76% | 1.74% | 2.07% | 0.55% | 0.81% | 0.93% | 0.99% | 1.74% | 0.37% | 3.96% | 5.91% | 3.32% |
SPY SPDR S&P 500 ETF | 1.34% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
TECK vs. SPY - Drawdown Comparison
The maximum TECK drawdown since its inception was -95.26%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TECK and SPY. For additional features, visit the drawdowns tool.
Volatility
TECK vs. SPY - Volatility Comparison
Teck Resources Limited (TECK) has a higher volatility of 12.32% compared to SPDR S&P 500 ETF (SPY) at 3.91%. This indicates that TECK'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.