UPWK vs. SPY
Compare and contrast key facts about Upwork Inc. (UPWK) 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: UPWK or SPY.
Correlation
The correlation between UPWK and SPY is 0.44, 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.
Performance
UPWK vs. SPY - Performance Comparison
Key characteristics
UPWK:
0.31
SPY:
1.97
UPWK:
0.93
SPY:
2.64
UPWK:
1.11
SPY:
1.36
UPWK:
0.19
SPY:
2.97
UPWK:
0.68
SPY:
12.34
UPWK:
23.36%
SPY:
2.03%
UPWK:
50.96%
SPY:
12.68%
UPWK:
-87.48%
SPY:
-55.19%
UPWK:
-73.41%
SPY:
-0.01%
Returns By Period
In the year-to-date period, UPWK achieves a -1.28% return, which is significantly lower than SPY's 4.03% return.
UPWK
-1.28%
-4.44%
66.74%
17.55%
11.97%
N/A
SPY
4.03%
2.03%
9.65%
23.63%
14.28%
13.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
UPWK vs. SPY — Risk-Adjusted Performance Rank
UPWK
SPY
UPWK vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Upwork Inc. (UPWK) 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.
Dividends
UPWK vs. SPY - Dividend Comparison
UPWK has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UPWK Upwork 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 | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
UPWK vs. SPY - Drawdown Comparison
The maximum UPWK drawdown since its inception was -87.48%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for UPWK and SPY. For additional features, visit the drawdowns tool.
Volatility
UPWK vs. SPY - Volatility Comparison
Upwork Inc. (UPWK) has a higher volatility of 14.53% compared to SPDR S&P 500 ETF (SPY) at 3.15%. This indicates that UPWK'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.