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TEO vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TEO and SPY is 0.33, 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.


-0.50.00.51.00.3

Performance

TEO vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Telecom Argentina S.A. (TEO) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%80.00%100.00%SeptemberOctoberNovemberDecember2025February
70.57%
10.91%
TEO
SPY

Key characteristics

Sharpe Ratio

TEO:

0.94

SPY:

1.87

Sortino Ratio

TEO:

1.65

SPY:

2.52

Omega Ratio

TEO:

1.18

SPY:

1.35

Calmar Ratio

TEO:

0.66

SPY:

2.81

Martin Ratio

TEO:

2.96

SPY:

11.69

Ulcer Index

TEO:

17.21%

SPY:

2.02%

Daily Std Dev

TEO:

54.18%

SPY:

12.65%

Max Drawdown

TEO:

-98.60%

SPY:

-55.19%

Current Drawdown

TEO:

-54.15%

SPY:

0.00%

Returns By Period

In the year-to-date period, TEO achieves a -6.51% return, which is significantly lower than SPY's 4.58% return. Over the past 10 years, TEO has underperformed SPY with an annualized return of -1.22%, while SPY has yielded a comparatively higher 13.23% annualized return.


TEO

YTD

-6.51%

1M

-2.49%

6M

60.14%

1Y

56.31%

5Y*

4.61%

10Y*

-1.22%

SPY

YTD

4.58%

1M

2.57%

6M

10.04%

1Y

24.97%

5Y*

14.73%

10Y*

13.23%

*Annualized

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Risk-Adjusted Performance

TEO vs. SPY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TEO
The Risk-Adjusted Performance Rank of TEO is 7272
Overall Rank
The Sharpe Ratio Rank of TEO is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of TEO is 7373
Sortino Ratio Rank
The Omega Ratio Rank of TEO is 6767
Omega Ratio Rank
The Calmar Ratio Rank of TEO is 7272
Calmar Ratio Rank
The Martin Ratio Rank of TEO is 7272
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 7777
Overall Rank
The Sharpe Ratio Rank of SPY is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 7474
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 7777
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 7878
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 8181
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TEO vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Telecom Argentina S.A. (TEO) 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.


Sharpe ratio
The chart of Sharpe ratio for TEO, currently valued at 0.94, compared to the broader market-2.000.002.000.941.87
The chart of Sortino ratio for TEO, currently valued at 1.65, compared to the broader market-4.00-2.000.002.004.006.001.652.52
The chart of Omega ratio for TEO, currently valued at 1.18, compared to the broader market0.501.001.502.001.181.35
The chart of Calmar ratio for TEO, currently valued at 0.66, compared to the broader market0.002.004.006.000.662.81
The chart of Martin ratio for TEO, currently valued at 2.96, compared to the broader market-10.000.0010.0020.0030.002.9611.69
TEO
SPY

The current TEO Sharpe Ratio is 0.94, which is lower than the SPY Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of TEO and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00SeptemberOctoberNovemberDecember2025February
0.94
1.87
TEO
SPY

Dividends

TEO vs. SPY - Dividend Comparison

TEO has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.15%.


TTM20242023202220212020201920182017201620152014
TEO
Telecom Argentina S.A.
0.00%0.00%3.43%5.76%7.89%5.66%11.72%15.08%3.33%3.90%2.91%5.90%
SPY
SPDR S&P 500 ETF
1.15%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

TEO vs. SPY - Drawdown Comparison

The maximum TEO drawdown since its inception was -98.60%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TEO and SPY. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%SeptemberOctoberNovemberDecember2025February
-54.15%
0
TEO
SPY

Volatility

TEO vs. SPY - Volatility Comparison

Telecom Argentina S.A. (TEO) has a higher volatility of 16.55% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that TEO'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.


0.00%5.00%10.00%15.00%20.00%SeptemberOctoberNovemberDecember2025February
16.55%
3.00%
TEO
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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