^IMXL vs. SPY
Compare and contrast key facts about Dow Jones Islamic Market Titans 100 Index (^IMXL) 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: ^IMXL or SPY.
Correlation
The correlation between ^IMXL and SPY is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^IMXL vs. SPY - Performance Comparison
Key characteristics
^IMXL:
1.36
SPY:
1.75
^IMXL:
1.85
SPY:
2.36
^IMXL:
1.28
SPY:
1.32
^IMXL:
1.63
SPY:
2.66
^IMXL:
6.26
SPY:
11.01
^IMXL:
2.78%
SPY:
2.03%
^IMXL:
12.83%
SPY:
12.77%
^IMXL:
-48.36%
SPY:
-55.19%
^IMXL:
-1.67%
SPY:
-2.12%
Returns By Period
The year-to-date returns for both investments are quite close, with ^IMXL having a 2.33% return and SPY slightly higher at 2.36%. Over the past 10 years, ^IMXL has underperformed SPY with an annualized return of 10.93%, while SPY has yielded a comparatively higher 12.96% annualized return.
^IMXL
2.33%
-1.14%
5.11%
18.37%
12.48%
10.93%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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
^IMXL vs. SPY — Risk-Adjusted Performance Rank
^IMXL
SPY
^IMXL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Islamic Market Titans 100 Index (^IMXL) 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.
Drawdowns
^IMXL vs. SPY - Drawdown Comparison
The maximum ^IMXL drawdown since its inception was -48.36%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^IMXL and SPY. For additional features, visit the drawdowns tool.
Volatility
^IMXL vs. SPY - Volatility Comparison
Dow Jones Islamic Market Titans 100 Index (^IMXL) has a higher volatility of 3.02% compared to SPDR S&P 500 ETF (SPY) at 2.85%. This indicates that ^IMXL'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.