TRIN vs. SPY
Compare and contrast key facts about Trinity Capital Inc. (TRIN) 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: TRIN or SPY.
Correlation
The correlation between TRIN and SPY is 0.36, 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
TRIN vs. SPY - Performance Comparison
Key characteristics
TRIN:
1.20
SPY:
2.20
TRIN:
1.71
SPY:
2.92
TRIN:
1.22
SPY:
1.41
TRIN:
2.25
SPY:
3.35
TRIN:
6.67
SPY:
14.01
TRIN:
2.95%
SPY:
2.01%
TRIN:
16.41%
SPY:
12.76%
TRIN:
-43.12%
SPY:
-55.19%
TRIN:
0.00%
SPY:
-0.45%
Returns By Period
In the year-to-date period, TRIN achieves a 1.94% return, which is significantly lower than SPY's 2.90% return.
TRIN
1.94%
5.35%
10.96%
22.98%
N/A
N/A
SPY
2.90%
2.01%
9.60%
26.34%
14.48%
13.39%
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Risk-Adjusted Performance
TRIN vs. SPY — Risk-Adjusted Performance Rank
TRIN
SPY
TRIN vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Trinity Capital Inc. (TRIN) 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
TRIN vs. SPY - Dividend Comparison
TRIN's dividend yield for the trailing twelve months is around 13.83%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRIN Trinity Capital Inc. | 13.83% | 14.10% | 14.04% | 21.32% | 7.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
TRIN vs. SPY - Drawdown Comparison
The maximum TRIN drawdown since its inception was -43.12%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TRIN and SPY. For additional features, visit the drawdowns tool.
Volatility
TRIN vs. SPY - Volatility Comparison
The current volatility for Trinity Capital Inc. (TRIN) is 3.71%, while SPDR S&P 500 ETF (SPY) has a volatility of 5.17%. This indicates that TRIN experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.