ZIP vs. SPY
Compare and contrast key facts about ZipRecruiter, Inc. (ZIP) 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: ZIP or SPY.
Correlation
The correlation between ZIP and SPY is 0.48, 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
ZIP vs. SPY - Performance Comparison
Key characteristics
ZIP:
-0.96
SPY:
1.97
ZIP:
-1.48
SPY:
2.64
ZIP:
0.83
SPY:
1.36
ZIP:
-0.57
SPY:
2.97
ZIP:
-1.22
SPY:
12.34
ZIP:
37.36%
SPY:
2.03%
ZIP:
47.61%
SPY:
12.68%
ZIP:
-79.44%
SPY:
-55.19%
ZIP:
-76.21%
SPY:
-0.01%
Returns By Period
In the year-to-date period, ZIP achieves a 5.66% return, which is significantly higher than SPY's 4.03% return.
ZIP
5.66%
9.60%
-10.94%
-48.10%
N/A
N/A
SPY
4.03%
2.85%
10.70%
23.01%
14.30%
13.22%
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Risk-Adjusted Performance
ZIP vs. SPY — Risk-Adjusted Performance Rank
ZIP
SPY
ZIP vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ZipRecruiter, Inc. (ZIP) 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
ZIP vs. SPY - Dividend Comparison
ZIP has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZIP ZipRecruiter, 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 | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ZIP vs. SPY - Drawdown Comparison
The maximum ZIP drawdown since its inception was -79.44%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ZIP and SPY. For additional features, visit the drawdowns tool.
Volatility
ZIP vs. SPY - Volatility Comparison
ZipRecruiter, Inc. (ZIP) has a higher volatility of 12.40% compared to SPDR S&P 500 ETF (SPY) at 3.15%. This indicates that ZIP'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.