VERX vs. SPY
Compare and contrast key facts about Vertex, Inc. (VERX) 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: VERX or SPY.
Correlation
The correlation between VERX and SPY is 0.39, 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
VERX vs. SPY - Performance Comparison
Key characteristics
VERX:
0.72
SPY:
0.30
VERX:
1.16
SPY:
0.56
VERX:
1.18
SPY:
1.08
VERX:
0.67
SPY:
0.31
VERX:
1.91
SPY:
1.40
VERX:
16.54%
SPY:
4.18%
VERX:
43.82%
SPY:
19.64%
VERX:
-75.40%
SPY:
-55.19%
VERX:
-33.42%
SPY:
-13.86%
Returns By Period
In the year-to-date period, VERX achieves a -26.43% return, which is significantly lower than SPY's -9.91% return.
VERX
-26.43%
8.55%
-8.40%
37.19%
N/A
N/A
SPY
-9.91%
-6.63%
-9.38%
7.66%
15.04%
11.54%
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Risk-Adjusted Performance
VERX vs. SPY — Risk-Adjusted Performance Rank
VERX
SPY
VERX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vertex, Inc. (VERX) 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
VERX vs. SPY - Dividend Comparison
VERX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.36%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VERX Vertex, 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 | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
VERX vs. SPY - Drawdown Comparison
The maximum VERX drawdown since its inception was -75.40%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VERX and SPY. For additional features, visit the drawdowns tool.
Volatility
VERX vs. SPY - Volatility Comparison
The current volatility for Vertex, Inc. (VERX) is 12.34%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that VERX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.