TMC vs. SPY
Compare and contrast key facts about TMC the metals company Inc. (TMC) 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: TMC or SPY.
Correlation
The correlation between TMC and SPY is 0.28, 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
TMC vs. SPY - Performance Comparison
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Key characteristics
TMC:
1.82
SPY:
0.57
TMC:
3.22
SPY:
0.93
TMC:
1.38
SPY:
1.14
TMC:
2.13
SPY:
0.61
TMC:
7.18
SPY:
2.33
TMC:
27.96%
SPY:
4.90%
TMC:
109.21%
SPY:
20.34%
TMC:
-95.58%
SPY:
-55.19%
TMC:
-65.46%
SPY:
-4.58%
Returns By Period
In the year-to-date period, TMC achieves a 283.93% return, which is significantly higher than SPY's -0.21% return.
TMC
283.93%
82.20%
387.25%
196.55%
45.02%
N/A
N/A
SPY
-0.21%
10.59%
-1.16%
11.45%
15.35%
16.25%
12.52%
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Risk-Adjusted Performance
TMC vs. SPY — Risk-Adjusted Performance Rank
TMC
SPY
TMC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TMC the metals company Inc. (TMC) 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.
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Dividends
TMC vs. SPY - Dividend Comparison
TMC has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.23%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TMC TMC the metals company 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% |
SPY SPDR S&P 500 ETF | 1.23% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
TMC vs. SPY - Drawdown Comparison
The maximum TMC drawdown since its inception was -95.58%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TMC and SPY. For additional features, visit the drawdowns tool.
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Volatility
TMC vs. SPY - Volatility Comparison
TMC the metals company Inc. (TMC) has a higher volatility of 50.43% compared to SPDR S&P 500 ETF (SPY) at 4.68%. This indicates that TMC'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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