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 0.36, 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
TRP vs. SPY - Performance Comparison
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Key characteristics
TRP:
1.47
SPY:
0.70
TRP:
1.94
SPY:
1.13
TRP:
1.28
SPY:
1.17
TRP:
1.32
SPY:
0.76
TRP:
7.74
SPY:
2.93
TRP:
4.45%
SPY:
4.86%
TRP:
22.56%
SPY:
20.29%
TRP:
-57.79%
SPY:
-55.19%
TRP:
-4.88%
SPY:
-3.97%
Returns By Period
In the year-to-date period, TRP achieves a 5.70% return, which is significantly higher than SPY's 0.43% return. Over the past 10 years, TRP has underperformed SPY with an annualized return of 6.83%, while SPY has yielded a comparatively higher 12.66% annualized return.
TRP
5.70%
2.32%
3.02%
32.92%
8.94%
6.83%
SPY
0.43%
9.91%
-1.06%
14.09%
17.31%
12.66%
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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.
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Dividends
TRP vs. SPY - Dividend Comparison
TRP's dividend yield for the trailing twelve months is around 5.10%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRP TC Energy Corporation | 5.10% | 5.42% | 7.14% | 8.63% | 7.04% | 5.82% | 3.98% | 7.15% | 3.64% | 5.94% | 6.06% | 3.20% |
SPY SPDR S&P 500 ETF | 1.22% | 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 -57.79%, 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.
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Volatility
TRP vs. SPY - Volatility Comparison
TC Energy Corporation (TRP) has a higher volatility of 6.75% compared to SPDR S&P 500 ETF (SPY) at 6.25%. 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.
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