WELL vs. SPY
Compare and contrast key facts about Welltower Inc. (WELL) 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: WELL or SPY.
Key characteristics
WELL | SPY | |
---|---|---|
YTD Return | 8.79% | 9.14% |
1Y Return | 31.40% | 27.11% |
3Y Return (Ann) | 12.65% | 8.62% |
5Y Return (Ann) | 8.91% | 14.39% |
10Y Return (Ann) | 8.70% | 12.68% |
Sharpe Ratio | 1.27 | 2.36 |
Daily Std Dev | 21.52% | 11.51% |
Max Drawdown | -63.33% | -55.19% |
Current Drawdown | 0.00% | -1.15% |
Correlation
The correlation between WELL 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
WELL vs. SPY - Performance Comparison
The year-to-date returns for both investments are quite close, with WELL having a 8.79% return and SPY slightly higher at 9.14%. Over the past 10 years, WELL has underperformed SPY with an annualized return of 8.70%, while SPY has yielded a comparatively higher 12.68% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
WELL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Welltower Inc. (WELL) 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
WELL vs. SPY - Dividend Comparison
WELL's dividend yield for the trailing twelve months is around 2.50%, more than SPY's 1.30% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Welltower Inc. | 2.50% | 2.71% | 3.72% | 2.84% | 4.18% | 4.26% | 5.01% | 5.46% | 5.14% | 4.85% | 4.20% | 5.71% |
SPDR S&P 500 ETF | 1.30% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
WELL vs. SPY - Drawdown Comparison
The maximum WELL drawdown since its inception was -63.33%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for WELL and SPY. For additional features, visit the drawdowns tool.
Volatility
WELL vs. SPY - Volatility Comparison
Welltower Inc. (WELL) has a higher volatility of 4.56% compared to SPDR S&P 500 ETF (SPY) at 4.07%. This indicates that WELL'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.