WSO vs. SPY
Compare and contrast key facts about Watsco, Inc. (WSO) 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: WSO or SPY.
Performance
WSO vs. SPY - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with WSO having a 24.42% return and SPY slightly lower at 24.40%. Over the past 10 years, WSO has outperformed SPY with an annualized return of 21.52%, while SPY has yielded a comparatively lower 13.04% annualized return.
WSO
24.42%
5.28%
10.22%
39.02%
27.56%
21.52%
SPY
24.40%
0.59%
11.33%
31.86%
15.23%
13.04%
Key characteristics
| WSO | SPY | |
|---|---|---|
| Sharpe Ratio | 1.44 | 2.64 |
| Sortino Ratio | 1.97 | 3.53 |
| Omega Ratio | 1.25 | 1.49 |
| Calmar Ratio | 2.89 | 3.81 |
| Martin Ratio | 6.77 | 17.21 |
| Ulcer Index | 5.85% | 1.86% |
| Daily Std Dev | 27.59% | 12.15% |
| Max Drawdown | -79.75% | -55.19% |
| Current Drawdown | -4.11% | -2.17% |
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Correlation
The correlation between WSO and SPY is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
WSO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Watsco, Inc. (WSO) 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
WSO vs. SPY - Dividend Comparison
WSO's dividend yield for the trailing twelve months is around 2.03%, more than SPY's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WSO Watsco, Inc. | 2.03% | 2.29% | 3.43% | 2.44% | 3.06% | 3.55% | 4.02% | 2.71% | 2.43% | 2.39% | 1.87% | 1.20% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
WSO vs. SPY - Drawdown Comparison
The maximum WSO drawdown since its inception was -79.75%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for WSO and SPY. For additional features, visit the drawdowns tool.
Volatility
WSO vs. SPY - Volatility Comparison
Watsco, Inc. (WSO) has a higher volatility of 9.67% compared to SPDR S&P 500 ETF (SPY) at 4.08%. This indicates that WSO'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.