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TW vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TW and SPY is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.4

Performance

TW vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradeweb Markets Inc. (TW) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
27.34%
9.26%
TW
SPY

Key characteristics

Sharpe Ratio

TW:

2.27

SPY:

2.21

Sortino Ratio

TW:

3.12

SPY:

2.93

Omega Ratio

TW:

1.40

SPY:

1.41

Calmar Ratio

TW:

4.07

SPY:

3.26

Martin Ratio

TW:

13.68

SPY:

14.43

Ulcer Index

TW:

3.56%

SPY:

1.90%

Daily Std Dev

TW:

21.46%

SPY:

12.41%

Max Drawdown

TW:

-48.64%

SPY:

-55.19%

Current Drawdown

TW:

-2.56%

SPY:

-2.74%

Returns By Period

In the year-to-date period, TW achieves a 46.55% return, which is significantly higher than SPY's 25.54% return.


TW

YTD

46.55%

1M

-1.66%

6M

25.75%

1Y

46.02%

5Y*

24.12%

10Y*

N/A

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

TW vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradeweb Markets Inc. (TW) 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.


Sharpe ratio
The chart of Sharpe ratio for TW, currently valued at 2.27, compared to the broader market-4.00-2.000.002.002.272.21
The chart of Sortino ratio for TW, currently valued at 3.12, compared to the broader market-4.00-2.000.002.004.003.122.93
The chart of Omega ratio for TW, currently valued at 1.40, compared to the broader market0.501.001.502.001.401.41
The chart of Calmar ratio for TW, currently valued at 4.07, compared to the broader market0.002.004.006.004.073.26
The chart of Martin ratio for TW, currently valued at 13.68, compared to the broader market-5.000.005.0010.0015.0020.0025.0013.6814.43
TW
SPY

The current TW Sharpe Ratio is 2.27, which is comparable to the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of TW and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.27
2.21
TW
SPY

Dividends

TW vs. SPY - Dividend Comparison

TW's dividend yield for the trailing twelve months is around 0.30%, less than SPY's 0.86% yield.


TTM20232022202120202019201820172016201520142013
TW
Tradeweb Markets Inc.
0.30%0.40%0.49%0.32%0.51%0.52%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
0.86%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

TW vs. SPY - Drawdown Comparison

The maximum TW drawdown since its inception was -48.64%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TW and SPY. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.56%
-2.74%
TW
SPY

Volatility

TW vs. SPY - Volatility Comparison

Tradeweb Markets Inc. (TW) has a higher volatility of 6.89% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that TW'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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
6.89%
3.72%
TW
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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