Correlation
The correlation between UHG and SPY is 0.16, 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.
UHG vs. SPY
Compare and contrast key facts about United Homes Group Inc. (UHG) 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: UHG or SPY.
Performance
UHG vs. SPY - Performance Comparison
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Key characteristics
UHG:
-0.56
SPY:
0.70
UHG:
-0.52
SPY:
1.02
UHG:
0.94
SPY:
1.15
UHG:
-0.48
SPY:
0.68
UHG:
-1.10
SPY:
2.57
UHG:
39.94%
SPY:
4.93%
UHG:
78.38%
SPY:
20.42%
UHG:
-91.73%
SPY:
-55.19%
UHG:
-85.48%
SPY:
-3.55%
Returns By Period
In the year-to-date period, UHG achieves a -28.61% return, which is significantly lower than SPY's 0.87% return.
UHG
-28.61%
58.12%
-52.66%
-45.59%
-32.48%
N/A
N/A
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
UHG vs. SPY — Risk-Adjusted Performance Rank
UHG
SPY
UHG vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for United Homes Group Inc. (UHG) 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
UHG vs. SPY - Dividend Comparison
UHG has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.22%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
UHG United Homes Group Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
UHG vs. SPY - Drawdown Comparison
The maximum UHG drawdown since its inception was -91.73%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for UHG and SPY.
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Volatility
UHG vs. SPY - Volatility Comparison
United Homes Group Inc. (UHG) has a higher volatility of 34.92% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that UHG'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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