TELNF vs. SPY
Compare and contrast key facts about Telenor ASA (TELNF) 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: TELNF or SPY.
Correlation
The correlation between TELNF and SPY is 0.16, 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
TELNF vs. SPY - Performance Comparison
Key characteristics
TELNF:
1.38
SPY:
1.75
TELNF:
2.16
SPY:
2.36
TELNF:
1.32
SPY:
1.32
TELNF:
0.85
SPY:
2.66
TELNF:
6.22
SPY:
11.01
TELNF:
8.74%
SPY:
2.03%
TELNF:
34.99%
SPY:
12.77%
TELNF:
-80.81%
SPY:
-55.19%
TELNF:
-42.53%
SPY:
-2.12%
Returns By Period
In the year-to-date period, TELNF achieves a 14.25% return, which is significantly higher than SPY's 2.36% return. Over the past 10 years, TELNF has underperformed SPY with an annualized return of -5.99%, while SPY has yielded a comparatively higher 12.96% annualized return.
TELNF
14.25%
3.26%
11.38%
21.86%
-9.66%
-5.99%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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Risk-Adjusted Performance
TELNF vs. SPY — Risk-Adjusted Performance Rank
TELNF
SPY
TELNF vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Telenor ASA (TELNF) 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
TELNF vs. SPY - Dividend Comparison
TELNF's dividend yield for the trailing twelve months is around 7.76%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TELNF Telenor ASA | 7.76% | 8.86% | 0.76% | 1.00% | 0.68% | 0.53% | 0.52% | 0.79% | 0.43% | 0.61% | 2.77% | 5.87% |
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
TELNF vs. SPY - Drawdown Comparison
The maximum TELNF drawdown since its inception was -80.81%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TELNF and SPY. For additional features, visit the drawdowns tool.
Volatility
TELNF vs. SPY - Volatility Comparison
Telenor ASA (TELNF) has a higher volatility of 5.35% compared to SPDR S&P 500 ETF (SPY) at 3.38%. This indicates that TELNF'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.