UVE vs. SPY
Compare and contrast key facts about Universal Insurance Holdings, Inc. (UVE) and State Street 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.
Performance
UVE vs. SPY - Performance Comparison
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UVE vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UVE Universal Insurance Holdings, Inc. | -3.59% | 65.32% | 36.80% | 58.14% | -33.52% | 18.39% | -43.50% | -24.24% | 41.44% | -0.88% |
SPY State Street SPDR S&P 500 ETF | -3.65% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
The year-to-date returns for both stocks are quite close, with UVE having a -3.59% return and SPY slightly lower at -3.65%. Over the past 10 years, UVE has underperformed SPY with an annualized return of 10.38%, while SPY has yielded a comparatively higher 14.06% annualized return.
UVE
- 1D
- -5.04%
- 1M
- -10.35%
- YTD
- -3.59%
- 6M
- 27.46%
- 1Y
- 38.42%
- 3Y*
- 25.73%
- 5Y*
- 22.92%
- 10Y*
- 10.38%
SPY
- 1D
- 0.75%
- 1M
- -4.28%
- YTD
- -3.65%
- 6M
- -1.42%
- 1Y
- 18.14%
- 3Y*
- 18.48%
- 5Y*
- 11.86%
- 10Y*
- 14.06%
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Return for Risk
UVE vs. SPY — Risk / Return Rank
UVE
SPY
UVE vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Universal Insurance Holdings, Inc. (UVE) 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.
| UVE | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.09 | 0.96 | +0.14 |
Sortino ratioReturn per unit of downside risk | 1.70 | 1.49 | +0.21 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.23 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.14 | 1.53 | +0.61 |
Martin ratioReturn relative to average drawdown | 4.60 | 7.27 | -2.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| UVE | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.09 | 0.96 | +0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.70 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.25 | 0.79 | -0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.56 | -0.19 |
Correlation
The correlation between UVE and SPY is 0.30, 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.
Dividends
UVE vs. SPY - Dividend Comparison
UVE's dividend yield for the trailing twelve months is around 2.37%, more than SPY's 1.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UVE Universal Insurance Holdings, Inc. | 2.37% | 2.28% | 3.66% | 4.82% | 7.27% | 4.53% | 5.10% | 2.75% | 1.93% | 2.52% | 2.43% | 2.72% |
SPY State Street SPDR S&P 500 ETF | 1.13% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
UVE vs. SPY - Drawdown Comparison
The maximum UVE drawdown since its inception was -80.46%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for UVE and SPY.
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Drawdown Indicators
| UVE | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.46% | -55.19% | -25.27% |
Max Drawdown (1Y)Largest decline over 1 year | -18.95% | -12.05% | -6.90% |
Max Drawdown (5Y)Largest decline over 5 years | -54.23% | -24.50% | -29.73% |
Max Drawdown (10Y)Largest decline over 10 years | -79.58% | -33.72% | -45.86% |
Current DrawdownCurrent decline from peak | -10.60% | -5.53% | -5.07% |
Average DrawdownAverage peak-to-trough decline | -36.56% | -9.09% | -27.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.82% | 2.54% | +6.28% |
Volatility
UVE vs. SPY - Volatility Comparison
Universal Insurance Holdings, Inc. (UVE) has a higher volatility of 8.38% compared to State Street SPDR S&P 500 ETF (SPY) at 5.35%. This indicates that UVE'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
| UVE | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.38% | 5.35% | +3.03% |
Volatility (6M)Calculated over the trailing 6-month period | 27.01% | 9.50% | +17.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.29% | 19.06% | +16.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.65% | 17.06% | +24.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.18% | 17.92% | +23.26% |