TREX vs. SPY
Compare and contrast key facts about Trex Company, Inc. (TREX) 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: TREX or SPY.
Key characteristics
| TREX | SPY | |
|---|---|---|
| YTD Return | -14.77% | 23.18% |
| 1Y Return | 25.53% | 40.57% |
| 3Y Return (Ann) | -12.83% | 9.72% |
| 5Y Return (Ann) | 9.57% | 15.45% |
| 10Y Return (Ann) | 20.75% | 13.15% |
| Sharpe Ratio | 0.65 | 3.45 |
| Sortino Ratio | 1.07 | 4.57 |
| Omega Ratio | 1.17 | 1.65 |
| Calmar Ratio | 0.46 | 4.12 |
| Martin Ratio | 1.39 | 22.62 |
| Ulcer Index | 19.91% | 1.83% |
| Daily Std Dev | 42.17% | 12.01% |
| Max Drawdown | -90.53% | -55.19% |
| Current Drawdown | -49.84% | -0.78% |
Correlation
The correlation between TREX and SPY is 0.45, 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
TREX vs. SPY - Performance Comparison
In the year-to-date period, TREX achieves a -14.77% return, which is significantly lower than SPY's 23.18% return. Over the past 10 years, TREX has outperformed SPY with an annualized return of 20.75%, while SPY has yielded a comparatively lower 13.15% 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
TREX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Trex Company, Inc. (TREX) 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
TREX vs. SPY - Dividend Comparison
TREX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.21%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TREX Trex 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 | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
TREX vs. SPY - Drawdown Comparison
The maximum TREX drawdown since its inception was -90.53%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TREX and SPY. For additional features, visit the drawdowns tool.
Volatility
TREX vs. SPY - Volatility Comparison
Trex Company, Inc. (TREX) has a higher volatility of 9.27% compared to SPDR S&P 500 ETF (SPY) at 2.51%. This indicates that TREX'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.