UTMD vs. SPY
Compare and contrast key facts about Utah Medical Products, Inc. (UTMD) 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: UTMD or SPY.
Correlation
The correlation between UTMD and SPY is 0.21, 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.
Performance
UTMD vs. SPY - Performance Comparison
Key characteristics
UTMD:
-1.05
SPY:
1.93
UTMD:
-1.51
SPY:
2.59
UTMD:
0.82
SPY:
1.35
UTMD:
-0.45
SPY:
2.93
UTMD:
-1.75
SPY:
12.16
UTMD:
12.68%
SPY:
2.02%
UTMD:
21.11%
SPY:
12.73%
UTMD:
-48.84%
SPY:
-55.19%
UTMD:
-48.79%
SPY:
-1.31%
Returns By Period
In the year-to-date period, UTMD achieves a -2.42% return, which is significantly lower than SPY's 2.68% return. Over the past 10 years, UTMD has underperformed SPY with an annualized return of 2.02%, while SPY has yielded a comparatively higher 13.34% annualized return.
UTMD
-2.42%
-2.23%
-8.27%
-17.65%
-6.51%
2.02%
SPY
2.68%
1.66%
15.99%
23.74%
14.27%
13.34%
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Risk-Adjusted Performance
UTMD vs. SPY — Risk-Adjusted Performance Rank
UTMD
SPY
UTMD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Utah Medical Products, Inc. (UTMD) 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
UTMD vs. SPY - Dividend Comparison
UTMD's dividend yield for the trailing twelve months is around 2.01%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UTMD Utah Medical Products, Inc. | 2.01% | 1.96% | 1.41% | 1.16% | 2.86% | 1.33% | 1.02% | 1.31% | 1.31% | 1.44% | 1.75% | 1.67% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
UTMD vs. SPY - Drawdown Comparison
The maximum UTMD drawdown since its inception was -48.84%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for UTMD and SPY. For additional features, visit the drawdowns tool.
Volatility
UTMD vs. SPY - Volatility Comparison
Utah Medical Products, Inc. (UTMD) has a higher volatility of 5.49% compared to SPDR S&P 500 ETF (SPY) at 4.03%. This indicates that UTMD'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.