TRYIY vs. SPYG

Last updated Aug 1, 2026

TRYIY (Toray Industries Inc ADR) is a stock, while SPYG (State Street SPDR Portfolio S&P 500 Growth ETF) is S&P 500 fund tracking the S&P 500 Growth Index. Over the past 10 years, TRYIY returned -1.78%/yr vs 17.38%/yr for SPYG. Their 0.32 correlation means their historical movements had little consistent relationship.

Performance

TRYIY vs. SPYG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Toray Industries Inc ADR (TRYIY) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TRYIY achieves a 11.14% return, which is significantly higher than SPYG's 10.06% return. Over the past 10 years, TRYIY has underperformed SPYG with an annualized return of -1.78%, while SPYG has yielded a comparatively higher 17.38% annualized return.

TRYIY

• 1D: -1.87%
• 1M: 2.89%
• 6M: -1.67%
• YTD: 11.14%
• 1Y: 3.41%
• 3Y*: 9.59%
• 5Y*: 2.35%
• 10Y*: -1.78%
• ALL TIME*: -8.34%

SPYG

• 1D: 1.45%
• 1M: -0.05%
• 6M: 9.50%
• YTD: 10.06%
• 1Y: 21.72%
• 3Y*: 24.04%
• 5Y*: 13.28%
• 10Y*: 17.38%
• ALL TIME*: 7.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	$321.11M	$273.47M	$308.09M
TRYIY Toray Industries Inc ADR	$435.00K	$462.74K	$540.00K

TRYIY vs. SPYG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TRYIY Toray Industries Inc ADR	11.14%	4.04%	23.45%	-7.97%	-5.41%	-0.50%	-11.66%	-4.81%	-24.99%	17.89%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	10.06%	22.09%	35.99%	30.02%	-29.41%	32.01%	33.46%	30.84%	-0.12%	27.24%

Correlation

The correlation between TRYIY and SPYG is 0.37, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.37
Correlation (3Y) Balances recent behavior with more history.	0.35
Correlation (5Y) Shows whether the relationship held over a longer period.	0.34
Correlation (10Y) Provides a long-term view across more market conditions.	0.34
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007	0.32

Return for Risk

TRYIY vs. SPYG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TRYIY

TRYIY Risk / Return Rank: 48
TRYIY Sharpe Ratio Rank: 50
TRYIY Sortino Ratio Rank: 45
TRYIY Omega Ratio Rank: 44
TRYIY Calmar Ratio Rank: 50
TRYIY Martin Ratio Rank: 49

SPYG

SPYG Risk / Return Rank: 43
SPYG Sharpe Ratio Rank: 44
SPYG Sortino Ratio Rank: 44
SPYG Omega Ratio Rank: 41
SPYG Calmar Ratio Rank: 40
SPYG Martin Ratio Rank: 46

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TRYIY vs. SPYG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Toray Industries Inc ADR (TRYIY) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TRYIY	SPYG	Difference
Sharpe ratio: Return per unit of total volatility	0.15	1.08	-0.93
Sortino ratio: Return per unit of downside risk	0.47	1.58	-1.11
Omega ratio: Gain probability vs. loss probability	1.06	1.19	-0.14
Calmar ratio: Return relative to maximum drawdown	0.21	1.42	-1.21
Martin ratio: Return relative to average drawdown	0.36	5.17	-4.80

TRYIY vs. SPYG - Sharpe Ratio Comparison

The current TRYIY Sharpe Ratio is 0.15, which is lower than the SPYG Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of TRYIY and SPYG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TRYIY vs. SPYG - Drawdown Comparison

The maximum TRYIY drawdown since its inception was -91.75%, which is greater than SPYG's maximum drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for TRYIY and SPYG.

Drawdown Indicators

	TRYIY	SPYG	Difference
Max Drawdown Largest peak-to-trough decline	-91.75%	-67.63%	-24.12%
Max Drawdown (1Y) Largest decline over 1 year	-23.94%	-13.76%	-10.18%
Max Drawdown (3Y) Largest decline over 3 years	-23.94%	-22.14%	-1.80%
Max Drawdown (5Y) Largest decline over 5 years	-36.48%	-32.67%	-3.81%
Max Drawdown (10Y) Largest decline over 10 years	-65.20%	-32.67%	-32.53%
Current Drawdown Current decline from peak	-83.53%	-4.33%	-79.20%
Average Drawdown Average peak-to-trough decline	-57.73%	-24.20%	-33.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.72%	3.78%	+9.94%

Volatility

TRYIY vs. SPYG - Volatility Comparison

Toray Industries Inc ADR (TRYIY) has a higher volatility of 7.06% compared to State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) at 6.08%. This indicates that TRYIY's price experiences larger fluctuations and is considered to be riskier than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRYIY	SPYG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.06%	6.08%	+0.98%
Volatility (6M) Calculated over the trailing 6-month period	23.57%	14.85%	+8.72%
Volatility (1Y) Calculated over the trailing 1-year period	33.57%	18.18%	+15.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.67%	21.50%	+8.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.55%	20.79%	+7.76%

Dividends

TRYIY vs. SPYG - Dividend Comparison

TRYIY has not paid dividends to shareholders, while SPYG's dividend yield for the trailing twelve months is around 0.49%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	0.49%	0.52%	0.60%	1.15%	1.03%	0.62%	0.90%	1.37%	1.51%	1.41%	1.55%	1.57%
TRYIY Toray Industries Inc ADR	0.00%	0.96%	0.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.66%	1.60%	0.00%

Frequently Asked Questions

Can I hold both TRYIY and SPYG in my portfolio?

TRYIY and SPYG have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TRYIY or SPYG?

TRYIY has higher volatility (7.06%) compared to SPYG (6.08%). In terms of maximum drawdown, TRYIY dropped -91.75% vs SPYG's -67.63%.

Which has better risk-adjusted returns?

SPYG currently has the higher Sharpe Ratio (1.08 vs 0.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.