TLN vs. SPYM
TLN (Talen Energy Corporation) is a stock, while SPYM (State Street SPDR Portfolio S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 3 years, TLN returned 106.99%/yr vs 20.77%/yr for SPYM. At a 0.39 correlation, their price movements are largely independent.
Performance
TLN vs. SPYM - Performance Comparison
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Returns By Period
In the year-to-date period, TLN achieves a 9.89% return, which is significantly higher than SPYM's 8.21% return.
TLN
- 1D
- -5.98%
- 1M
- 10.60%
- YTD
- 9.89%
- 6M
- 8.19%
- 1Y
- 41.27%
- 3Y*
- 106.99%
- 5Y*
- —
- 10Y*
- —
SPYM
- 1D
- -1.44%
- 1M
- -1.32%
- YTD
- 8.21%
- 6M
- 7.24%
- 1Y
- 23.73%
- 3Y*
- 20.77%
- 5Y*
- 13.13%
- 10Y*
- 15.61%
TLN vs. SPYM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TLN Talen Energy Corporation | 9.89% | 86.05% | 214.80% | 38.01% |
SPYM State Street SPDR Portfolio S&P 500 ETF | 8.21% | 17.79% | 25.00% | 14.07% |
Correlation
The correlation between TLN and SPYM is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2023 | 0.39 |
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Return for Risk
TLN vs. SPYM — Risk / Return Rank
TLN
SPYM
TLN vs. SPYM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Talen Energy Corporation (TLN) and State Street SPDR Portfolio S&P 500 ETF (SPYM). 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.
| TLN | SPYM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.20 | ||
| Sortino ratioReturn per unit of downside risk | -1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.35 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | 2.68 | -1.38 |
| Martin ratioReturn relative to average drawdown | 2.59 | 11.98 | -9.39 |
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Drawdowns
TLN vs. SPYM - Drawdown Comparison
The maximum TLN drawdown since its inception was -33.80%, smaller than the maximum SPYM drawdown of -54.46%. Use the drawdown chart below to compare losses from any high point for TLN and SPYM.
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Drawdown Indicators
| TLN | SPYM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.80% | -54.46% | +20.66% |
Max Drawdown (1Y)Largest decline over 1 year | -32.05% | -8.90% | -23.15% |
Max Drawdown (3Y)Largest decline over 3 years | -33.80% | -18.72% | -15.08% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.48% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.87% | — |
Current DrawdownCurrent decline from peak | -7.61% | -3.14% | -4.47% |
Average DrawdownAverage peak-to-trough decline | -7.33% | -7.14% | -0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.99% | 1.99% | +14.00% |
Volatility
TLN vs. SPYM - Volatility Comparison
Talen Energy Corporation (TLN) has a higher volatility of 17.03% compared to State Street SPDR Portfolio S&P 500 ETF (SPYM) at 4.83%. This indicates that TLN's price experiences larger fluctuations and is considered to be riskier than SPYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TLN | SPYM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.03% | 4.83% | +12.20% |
Volatility (6M)Calculated over the trailing 6-month period | 42.33% | 9.83% | +32.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.62% | 12.46% | +45.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.27% | 16.90% | +33.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.27% | 18.03% | +32.24% |
Dividends
TLN vs. SPYM - Dividend Comparison
TLN has not paid dividends to shareholders, while SPYM's dividend yield for the trailing twelve months is around 1.30%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYM State Street SPDR Portfolio S&P 500 ETF | 1.30% | 1.13% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% |
TLN Talen Energy Corporation | 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
TLN and SPYM have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TLN has higher volatility (17.03%) compared to SPYM (4.83%). In terms of maximum drawdown, TLN dropped -33.80% vs SPYM's -54.46%.
SPYM currently has the higher Sharpe Ratio (1.92 vs 0.72), 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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