VBNK vs. SPY
Compare and contrast key facts about VersaBank (VBNK) 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: VBNK or SPY.
Correlation
The correlation between VBNK and SPY is 0.26, 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
VBNK vs. SPY - Performance Comparison
Key characteristics
VBNK:
0.63
SPY:
1.91
VBNK:
1.13
SPY:
2.57
VBNK:
1.14
SPY:
1.35
VBNK:
0.89
SPY:
2.88
VBNK:
1.76
SPY:
11.96
VBNK:
13.39%
SPY:
2.03%
VBNK:
37.66%
SPY:
12.68%
VBNK:
-50.71%
SPY:
-55.19%
VBNK:
-24.80%
SPY:
0.00%
Returns By Period
In the year-to-date period, VBNK achieves a -2.11% return, which is significantly lower than SPY's 4.34% return.
VBNK
-2.11%
1.73%
13.24%
21.21%
N/A
N/A
SPY
4.34%
2.33%
10.15%
23.99%
14.44%
13.21%
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Risk-Adjusted Performance
VBNK vs. SPY — Risk-Adjusted Performance Rank
VBNK
SPY
VBNK vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VersaBank (VBNK) 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
VBNK vs. SPY - Dividend Comparison
VBNK's dividend yield for the trailing twelve months is around 0.54%, less than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBNK VersaBank | 0.54% | 0.53% | 0.68% | 1.02% | 0.16% | 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
VBNK vs. SPY - Drawdown Comparison
The maximum VBNK drawdown since its inception was -50.71%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VBNK and SPY. For additional features, visit the drawdowns tool.
Volatility
VBNK vs. SPY - Volatility Comparison
VersaBank (VBNK) has a higher volatility of 7.98% compared to SPDR S&P 500 ETF (SPY) at 3.13%. This indicates that VBNK'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.