ZVIA vs. SPY
Compare and contrast key facts about Zevia PBC (ZVIA) 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: ZVIA or SPY.
Correlation
The correlation between ZVIA and SPY is 0.28, 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
ZVIA vs. SPY - Performance Comparison
Key characteristics
ZVIA:
1.05
SPY:
1.87
ZVIA:
2.17
SPY:
2.52
ZVIA:
1.24
SPY:
1.35
ZVIA:
1.21
SPY:
2.81
ZVIA:
3.17
SPY:
11.69
ZVIA:
36.77%
SPY:
2.02%
ZVIA:
111.17%
SPY:
12.65%
ZVIA:
-96.36%
SPY:
-55.19%
ZVIA:
-78.47%
SPY:
0.00%
Returns By Period
In the year-to-date period, ZVIA achieves a -13.13% return, which is significantly lower than SPY's 4.58% return.
ZVIA
-13.13%
-24.17%
260.40%
141.06%
N/A
N/A
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ZVIA vs. SPY — Risk-Adjusted Performance Rank
ZVIA
SPY
ZVIA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Zevia PBC (ZVIA) 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
ZVIA vs. SPY - Dividend Comparison
ZVIA has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.15%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZVIA Zevia PBC | 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 | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ZVIA vs. SPY - Drawdown Comparison
The maximum ZVIA drawdown since its inception was -96.36%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ZVIA and SPY. For additional features, visit the drawdowns tool.
Volatility
ZVIA vs. SPY - Volatility Comparison
Zevia PBC (ZVIA) has a higher volatility of 19.47% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that ZVIA'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.