Correlation
The correlation between VIGL and SPY is 0.16, 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.
VIGL vs. SPY
Compare and contrast key facts about Vigil Neuroscience, Inc. (VIGL) 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: VIGL or SPY.
Performance
VIGL vs. SPY - Performance Comparison
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Key characteristics
VIGL:
0.57
SPY:
0.70
VIGL:
3.95
SPY:
1.02
VIGL:
1.48
SPY:
1.15
VIGL:
1.51
SPY:
0.68
VIGL:
3.37
SPY:
2.57
VIGL:
41.01%
SPY:
4.93%
VIGL:
260.97%
SPY:
20.42%
VIGL:
-91.90%
SPY:
-55.19%
VIGL:
-54.37%
SPY:
-3.55%
Returns By Period
In the year-to-date period, VIGL achieves a 364.12% return, which is significantly higher than SPY's 0.87% return.
VIGL
364.12%
208.20%
219.43%
148.11%
39.44%
N/A
N/A
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
VIGL vs. SPY — Risk-Adjusted Performance Rank
VIGL
SPY
VIGL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vigil Neuroscience, Inc. (VIGL) 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.
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Dividends
VIGL vs. SPY - Dividend Comparison
VIGL has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.22%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
VIGL Vigil Neuroscience, 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 | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
VIGL vs. SPY - Drawdown Comparison
The maximum VIGL drawdown since its inception was -91.90%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VIGL and SPY.
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Volatility
VIGL vs. SPY - Volatility Comparison
Vigil Neuroscience, Inc. (VIGL) has a higher volatility of 126.32% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that VIGL'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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