TRP vs. SPY
Compare and contrast key facts about TC Energy Corporation (TRP) 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: TRP or SPY.
Correlation
The correlation between TRP and SPY is 0.35, 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
TRP vs. SPY - Performance Comparison
Key characteristics
TRP:
2.37
SPY:
2.20
TRP:
3.19
SPY:
2.91
TRP:
1.40
SPY:
1.41
TRP:
1.43
SPY:
3.35
TRP:
9.81
SPY:
13.99
TRP:
4.35%
SPY:
2.01%
TRP:
17.98%
SPY:
12.79%
TRP:
-57.46%
SPY:
-55.19%
TRP:
-4.43%
SPY:
-1.35%
Returns By Period
The year-to-date returns for both investments are quite close, with TRP having a 1.87% return and SPY slightly higher at 1.96%. Over the past 10 years, TRP has underperformed SPY with an annualized return of 8.54%, while SPY has yielded a comparatively higher 13.44% annualized return.
TRP
1.87%
6.44%
30.19%
43.11%
6.60%
8.54%
SPY
1.96%
2.27%
9.55%
27.02%
14.23%
13.44%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
TRP vs. SPY — Risk-Adjusted Performance Rank
TRP
SPY
TRP vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TC Energy Corporation (TRP) 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
TRP vs. SPY - Dividend Comparison
TRP's dividend yield for the trailing twelve months is around 5.32%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRP TC Energy Corporation | 5.32% | 5.42% | 7.84% | 9.47% | 7.73% | 6.39% | 4.36% | 7.85% | 4.00% | 6.52% | 6.65% | 3.51% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
TRP vs. SPY - Drawdown Comparison
The maximum TRP drawdown since its inception was -57.46%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TRP and SPY. For additional features, visit the drawdowns tool.
Volatility
TRP vs. SPY - Volatility Comparison
TC Energy Corporation (TRP) has a higher volatility of 5.73% compared to SPDR S&P 500 ETF (SPY) at 5.10%. This indicates that TRP'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.