TSCO vs. SPY
TSCO (Tractor Supply Company) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, TSCO returned 7.17%/yr vs 15.07%/yr for SPY. Their 0.37 correlation means their historical movements had little consistent relationship.
Performance
TSCO vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, TSCO achieves a -37.70% return, which is significantly lower than SPY's 10.13% return. Over the past 10 years, TSCO has underperformed SPY with an annualized return of 7.17%, while SPY has yielded a comparatively higher 15.07% annualized return.
TSCO
- 1D
- 1.85%
- 1M
- -3.12%
- 6M
- -38.76%
- YTD
- -37.70%
- 1Y
- -45.49%
- 3Y*
- -10.14%
- 5Y*
- -1.47%
- 10Y*
- 7.17%
- ALL TIME*
- 16.29%
SPY
- 1D
- 0.72%
- 1M
- 0.30%
- 6M
- 8.53%
- YTD
- 10.13%
- 1Y
- 21.49%
- 3Y*
- 19.32%
- 5Y*
- 12.76%
- 10Y*
- 15.07%
- ALL TIME*
- 10.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $37.27B | $35.99B | $39.23B | |
| $361.18M | $306.97M | $390.65M |
TSCO vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSCO Tractor Supply Company | -37.70% | -4.16% | 25.43% | -2.55% | -3.97% | 71.57% | 52.33% | 13.53% | 13.34% | 0.32% |
SPY State Street SPDR S&P 500 ETF | 10.13% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Correlation
The correlation between TSCO and SPY is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.16 |
Correlation (3Y) Balances recent behavior with more history. | 0.31 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.40 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.39 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 1994 | 0.37 |
Over the past year, the correlation between TSCO and SPY has dropped to 0.16 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
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Return for Risk
TSCO vs. SPY — Risk / Return Rank
TSCO
SPY
TSCO vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tractor Supply Company (TSCO) and State Street 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.
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.
| TSCO | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.96 | ||
| Sortino ratioReturn per unit of downside risk | -4.24 | ||
| Omega ratioGain probability vs. loss probability | 0.74 | 1.27 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | 2.20 | -3.06 |
| Martin ratioReturn relative to average drawdown | -1.53 | 9.40 | -10.93 |
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Drawdowns
TSCO vs. SPY - Drawdown Comparison
The maximum TSCO drawdown since its inception was -76.15%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TSCO and SPY.
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Drawdown Indicators
| TSCO | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.15% | -55.19% | -20.96% |
Max Drawdown (1Y)Largest decline over 1 year | -52.69% | -8.88% | -43.81% |
Max Drawdown (3Y)Largest decline over 3 years | -52.69% | -18.76% | -33.93% |
Max Drawdown (5Y)Largest decline over 5 years | -52.69% | -24.50% | -28.19% |
Max Drawdown (10Y)Largest decline over 10 years | -52.69% | -33.72% | -18.97% |
Current DrawdownCurrent decline from peak | -50.05% | -1.40% | -48.65% |
Average DrawdownAverage peak-to-trough decline | -17.60% | -9.01% | -8.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.35% | 2.08% | +27.27% |
Volatility
TSCO vs. SPY - Volatility Comparison
Tractor Supply Company (TSCO) has a higher volatility of 9.90% compared to State Street SPDR S&P 500 ETF (SPY) at 3.58%. This indicates that TSCO'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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Volatility by Period
| TSCO | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.90% | 3.58% | +6.32% |
Volatility (6M)Calculated over the trailing 6-month period | 26.41% | 10.14% | +16.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.32% | 12.89% | +18.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.03% | 17.18% | +11.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.51% | 17.95% | +11.56% |
Dividends
TSCO vs. SPY - Dividend Comparison
TSCO's dividend yield for the trailing twelve months is around 3.05%, more than SPY's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPY State Street SPDR S&P 500 ETF | 1.01% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
TSCO Tractor Supply Company | 3.05% | 1.84% | 1.66% | 1.92% | 1.64% | 0.87% | 1.07% | 1.46% | 1.44% | 1.40% | 1.21% | 0.89% |
Frequently Asked Questions
TSCO and SPY have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSCO has higher volatility (9.90%) compared to SPY (3.58%). In terms of maximum drawdown, TSCO dropped -76.15% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (1.52 vs -1.44), 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.
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