SPDR Portfolio Competition

SPBO Etf

USD 29.08 -0.19 -0.65%

SPDR Portfolio Corporate competes with SPDR Bloomberg, IShares MSCI, IShares Global, IShares Russell, and WisdomTree Europe and other related companies. Peer context helps frame relative positioning. Peer analytics here show whether SPDR Portfolio outperforms competitors on quality and value.

SPDR Portfolio vs IShares Utilities Correlation Snapshot

Very poor diversification

Across the chosen horizon, SPBO and IDU show a correlation of 0.86 and fall into the Very poor diversification bucket. The overlap area represents the portion of risk that may be diversified away when both instruments are held together and nothing else in the portfolio changes.

Moving together with SPDR Etf

0.89	LQD	iShares iBoxx Investment	Pair Corr
0.93	IGIB	iShares 5 10	Pair Corr
0.92	USIG	iShares Broad USD	Pair Corr
0.94	SPIB	SPDR Barclays	Pair Corr
0.92	SUSC	iShares ESG USD	Pair Corr

Moving against SPDR Etf

0.72

BULZ

MicroSectors Solactive

Pair Corr

Specify up to 10 symbols:

Mean reversion is the tendency of SPDR Portfolio's price to return to its historical average after periods of extreme deviation. Investors who identify when SPDR Portfolio's is significantly above or below its mean may find compelling entry or exit opportunities.

Hype

Prediction

Low	Estimated	High
28.86	29.08	29.30

Details

Intrinsic

Valuation

Low	Real	High
28.91	29.13	29.35

Details

Naive

Forecast

Low	Next	High
28.67	28.89	29.11

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
29.14	29.42	29.71

Details

Analyzing SPDR Portfolio in isolation is insufficient for informed investment decisions. Placing SPDR Portfolio's results in the context of its peer group reveals whether its performance is company-specific or simply a function of industry-wide trends.

SPDR Portfolio Competition Correlation Matrix

Correlation analysis between SPDR Portfolio Corporate and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	TIPX	EWA	IXC	SMMD	HEDJ	IYJ	IYG	RPG	EPP	IDU
TIPX		0.92	0.94	0.55	0.51	0.74	-0.79	0.62	0.91	0.92	TIPX
EWA	0.92		0.94	0.72	0.67	0.85	-0.73	0.77	0.97	0.88	EWA
IXC	0.94	0.94		0.62	0.52	0.76	-0.84	0.64	0.93	0.89	IXC
SMMD	0.55	0.72	0.62		0.89	0.92	-0.29	0.92	0.73	0.48	SMMD
HEDJ	0.51	0.67	0.52	0.89		0.87	-0.17	0.84	0.69	0.44	HEDJ
IYJ	0.74	0.85	0.76	0.92	0.87		-0.4	0.86	0.86	0.67	IYJ
IYG	-0.79	-0.73	-0.84	-0.29	-0.17	-0.4		-0.36	-0.67	-0.85	IYG
RPG	0.62	0.77	0.64	0.92	0.84	0.86	-0.36		0.76	0.55	RPG
EPP	0.91	0.97	0.93	0.73	0.69	0.86	-0.67	0.76		0.85	EPP
IDU	0.92	0.88	0.89	0.48	0.44	0.67	-0.85	0.55	0.85		IDU
	TIPX	EWA	IXC	SMMD	HEDJ	IYJ	IYG	RPG	EPP	IDU

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High positive correlations

EPP	+ 0.97	EWA
IXC	+ 0.94	TIPX
IXC	+ 0.94	EWA
EPP	+ 0.93	IXC
EWA	+ 0.92	TIPX
IDU	+ 0.92	TIPX

High negative correlations

IDU	- 0.85	IYG
IYG	- 0.84	IXC
IYG	- 0.79	TIPX
IYG	- 0.73	EWA
EPP	- 0.67	IYG
IYG	- 0.4	IYJ

SPDR Portfolio Constituents Risk-Adjusted Indicators

There is a big difference between SPDR Etf performing well and SPDR Portfolio ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze SPDR Portfolio's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
TIPX	0.11	0.00	0.33	-1.22	0.06	-0.13	0.26	-0.21	0.58
EWA	0.84	0.17	0.16	0.18	1.03	-0.91	1.96	-2.00	5.11
IXC	1.04	0.37	0.34	2.72	0.88	-1.21	2.33	-1.75	5.05
SMMD	0.81	0.06	0.05	0.01	1.00	-0.85	1.49	-1.73	5.69
HEDJ	0.65	0.03	0.04	-0.01	1.03	-0.64	1.17	-1.55	4.74
IYJ	0.78	0.08	0.06	0.02	1.08	-0.70	1.55	-1.85	4.70
IYG	0.86	-0.14	0.00	0.56	0.00	0.00	1.65	-2.23	6.07
RPG	1.00	0.09	0.06	0.03	1.31	-0.98	1.68	-2.08	6.06
EPP	0.67	0.12	0.19	-0.74	0.74	-0.71	1.34	-1.41	4.53
IDU	0.68	0.12	0.19	0.88	0.73	-0.74	1.25	-1.28	4.18

SPDR Portfolio Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	SPBO	TIPX	EWA	IXC	SMMD	HEDJ	IYJ	IYG	RPG	EPP
	0.65 29.08 SPDR	0.16 19.25 SPDR	0.07 28.40 IShares	0.04 53.79 IShares	0.09 75.95 IShares	0.96 52.62 WisdomTree	0.56 150.26 IShares	1.83 81.47 IShares	2.19 47.73 Invesco	1.94 53.65 IShares
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Soft	Moderate	Moderate	Constructive	Weak	Weak	Weak	Weak	Soft	Balanced
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Fair	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Under Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Strong Sell	Strong Buy	Strong Buy	Strong Hold	Strong Hold	Strong Hold	Strong Sell	Strong Hold	Hold
Price To Sales	N/A	N/A	2.09	1.09	N/A	0.98	1.59	3.41	2.53	2.13
Equity Positions Weight	N/A	N/A	98.83	99.44	99.72	100.0	99.84	99.73	99.97	99.18
Three Year Return	5.6	4.9	13.2	16.5	13.8	13.2	17.4	19.2	18.9	13.2
Net Asset	382.21 M	1.43 B	1.42 B	1.87 B	439.74 M	1.21 B	949.81 M	1.28 B	2.13 B	1.92 B
Price To Book	N/A	N/A	1.77	1.49	N/A	1.67	3.89	1.45	3.71	1.48
Five Year Return	0.9	2.5	7.2	19.8	4.6	11.5	9.1	8.9	9.0	5.7
One Year Return	5.9	5.6	28.4	41.5	23.0	12.2	19.8	12.0	29.3	29.0
Last Dividend Paid	0.07	0.0654	0.28	0.39	0.17	0.63	0.54	0.37	0.17	0.54
Bond Positions Weight	12.61	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Ten Year Return	3.1	3.1	8.3	10.5	N/A	10.1	12.7	13.6	12.7	7.6
Beta	1.1	0.52	1.22	0.42	1.22	0.74	1.22	1.13	1.13	1.11
Price To Earning	N/A	N/A	4.22	6.62	N/A	15.33	3.06	2.58	22.68	5.63
Day Typical Price	29.11	19.26	28.4	53.78	75.95	52.66	149.98	82.23	47.93	54.07
Accumulation Distribution	0.0055	384.9	N/A	4.0E-4	N/A	250.15	0.0055	0.0272	8576.27	0.0228
Market Facilitation Index	0.16	N/A	N/A	0.02	N/A	0.0	0.83	2.28	0.0	1.25
Daily Balance Of Power	-1.19	-0.50	0	1.0	0	-1.13	1.0	-0.67	-1.75	-0.85
Period Momentum Indicator	-0.19	-0.03	-0.02	0.02	-0.07	-0.51	0.83	-1.52	-1.07	-1.06
Rate Of Daily Change	0.99	1.0	1.0	1.0	1.0	0.99	1.01	0.98	0.98	0.98
Day Median Price	29.12	19.27	28.4	53.78	75.95	52.69	149.85	82.61	48.03	54.28
Price Action Indicator	-0.14	-0.04	-0.01	0.02	-0.04	-0.32	0.83	-1.90	-0.83	-1.16
Relative Strength Index	N/A	54.97	50.78	N/A	41.26	42.16	56.63	N/A	46.42	48.74
Coefficient Of Variation	-28,174	1035.42	742.79	347.64	6306.49	14938.22	2654.96	-966.74	3114.81	629.78
Mean Deviation	0.1648	0.1131	0.8378	1.04	0.808	0.6493	0.782	0.8562	0.9954	0.6708
Jensen Alpha	-0.01	0.0034	0.1737	0.3661	0.0608	0.0337	0.0842	-0.14	0.0859	0.1199
Total Risk Alpha	0.0026	0.0119	0.202	0.4369	0.0693	0.0497	0.0908	-0.06	0.1081	0.1803
Sortino Ratio	N/A	0.3296	0.1644	0.3409	0.0523	0.0402	0.064	N/A	0.0585	0.1859
Downside Variance	N/A	0.0242	1.26	1.43	1.08	1.18	1.44	N/A	1.82	0.8947
Standard Deviation	0.2239	0.1402	1.09	1.29	1.05	0.8958	1.03	1.15	1.28	0.8697
Kurtosis	0.7268	-0.57	0.5247	-0.11	0.6726	2.71	0.1784	0.884	0.3572	0.5185
Potential Upside	0.3446	0.2596	1.96	2.33	1.49	1.17	1.55	1.65	1.68	1.34
Treynor Ratio	-0.12	-1.22	0.176	2.72	0.0058	-0.01	0.025	0.5605	0.0272	-0.74
Maximum Drawdown	0.9912	0.5769	5.11	5.05	5.69	4.74	4.7	6.07	6.06	4.53
Variance	0.0501	0.0196	1.19	1.65	1.09	0.8025	1.07	1.31	1.64	0.7564
Market Risk Adjusted Performance	-0.11	-1.21	0.186	2.73	0.0158	0.0049	0.035	0.5705	0.0372	-0.73
Risk Adjusted Performance	-0.03	0.0301	0.1099	0.2328	0.015	0.0064	0.0323	-0.08	0.0294	0.1273
Skewness	-0.53	-0.01	-0.43	-0.25	0.1539	-1.20	-0.27	-0.53	-0.06	-0.40
Semi Deviation	N/A	0.0588	1.03	0.8793	0.9995	1.03	1.08	N/A	1.31	0.7422
Information Ratio	0.1651	0.366	0.1693	0.317	0.052	0.0489	0.0742	-0.07	0.0616	0.2022
Value At Risk	-0.45	-0.21	-2.00	-1.75	-1.73	-1.55	-1.85	-2.23	-2.08	-1.41
Expected Short fall	N/A	-0.13	-0.91	-1.21	-0.85	-0.64	-0.70	N/A	-0.98	-0.71
Downside Deviation	N/A	0.1557	1.12	1.2	1.04	1.09	1.2	N/A	1.35	0.9459
Semi Variance	N/A	0.0035	1.06	0.7731	0.9989	1.06	1.16	N/A	1.72	0.5509

Peer Performance Charts

How to Analyze SPDR Portfolio Against Peers

SPDR Portfolio's peer analysis compares SPDR Portfolio with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether SPDR Portfolio trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where SPDR Portfolio leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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SPDR Portfolio Competition

SPDR Portfolio vs IShares Utilities Correlation Snapshot

Very poor diversification

Moving together with SPDR Etf

Moving against SPDR Etf

Specify up to 10 symbols:

SPDR Portfolio Competition Correlation Matrix

High positive correlations

High negative correlations

SPDR Portfolio Constituents Risk-Adjusted Indicators

SPDR Portfolio Competitive Analysis

Peer Performance Charts

How to Analyze SPDR Portfolio Against Peers

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