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WSO vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


WSOSPY
YTD Return5.81%5.94%
1Y Return33.24%22.56%
3Y Return (Ann)18.67%7.95%
5Y Return (Ann)27.24%13.35%
10Y Return (Ann)19.59%12.34%
Sharpe Ratio1.231.93
Daily Std Dev26.59%11.63%
Max Drawdown-64.39%-55.19%
Current Drawdown-0.03%-4.05%

Correlation

-0.50.00.51.00.5

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.

Performance

WSO vs. SPY - Performance Comparison

The year-to-date returns for both investments are quite close, with WSO having a 5.81% return and SPY slightly higher at 5.94%. Over the past 10 years, WSO has outperformed SPY with an annualized return of 19.59%, while SPY has yielded a comparatively lower 12.34% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5,000.00%10,000.00%15,000.00%20,000.00%25,000.00%December2024FebruaryMarchApril
24,388.32%
1,926.75%
WSO
SPY

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Watsco, Inc.

SPDR S&P 500 ETF

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.


WSO
Sharpe ratio
The chart of Sharpe ratio for WSO, currently valued at 1.23, compared to the broader market-2.00-1.000.001.002.003.001.23
Sortino ratio
The chart of Sortino ratio for WSO, currently valued at 1.75, compared to the broader market-4.00-2.000.002.004.006.001.75
Omega ratio
The chart of Omega ratio for WSO, currently valued at 1.23, compared to the broader market0.501.001.501.23
Calmar ratio
The chart of Calmar ratio for WSO, currently valued at 2.19, compared to the broader market0.002.004.006.002.19
Martin ratio
The chart of Martin ratio for WSO, currently valued at 5.79, compared to the broader market-10.000.0010.0020.0030.005.79
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 1.93, compared to the broader market-2.00-1.000.001.002.003.001.93
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 2.78, compared to the broader market-4.00-2.000.002.004.006.002.78
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.33, compared to the broader market0.501.001.501.33
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 1.66, compared to the broader market0.002.004.006.001.66
Martin ratio
The chart of Martin ratio for SPY, currently valued at 7.79, compared to the broader market-10.000.0010.0020.0030.007.79

WSO vs. SPY - Sharpe Ratio Comparison

The current WSO Sharpe Ratio is 1.23, which is lower than the SPY Sharpe Ratio of 1.93. The chart below compares the 12-month rolling Sharpe Ratio of WSO and SPY.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00December2024FebruaryMarchApril
1.23
1.93
WSO
SPY

Dividends

WSO vs. SPY - Dividend Comparison

WSO's dividend yield for the trailing twelve months is around 2.24%, more than SPY's 1.34% yield.


TTM20232022202120202019201820172016201520142013
WSO
Watsco, Inc.
2.24%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
1.34%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 -64.39%, 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.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%December2024FebruaryMarchApril
-0.03%
-4.05%
WSO
SPY

Volatility

WSO vs. SPY - Volatility Comparison

Watsco, Inc. (WSO) has a higher volatility of 9.65% compared to SPDR S&P 500 ETF (SPY) at 3.91%. 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.


2.00%4.00%6.00%8.00%10.00%December2024FebruaryMarchApril
9.65%
3.91%
WSO
SPY