ASFYX vs. SPY
Compare and contrast key facts about AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) and SPDR S&P 500 ETF (SPY).
ASFYX is managed by Blackrock. It was launched on Jul 30, 2010. 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: ASFYX or SPY.
Correlation
The correlation between ASFYX and SPY is 0.19, 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
ASFYX vs. SPY - Performance Comparison
Key characteristics
ASFYX:
-1.94
SPY:
0.34
ASFYX:
-2.51
SPY:
0.62
ASFYX:
0.67
SPY:
1.09
ASFYX:
-0.77
SPY:
0.35
ASFYX:
-2.06
SPY:
1.64
ASFYX:
12.94%
SPY:
4.00%
ASFYX:
13.72%
SPY:
19.55%
ASFYX:
-34.81%
SPY:
-55.19%
ASFYX:
-34.45%
SPY:
-12.02%
Returns By Period
In the year-to-date period, ASFYX achieves a -16.36% return, which is significantly lower than SPY's -7.99% return. Over the past 10 years, ASFYX has underperformed SPY with an annualized return of -0.27%, while SPY has yielded a comparatively higher 11.91% annualized return.
ASFYX
-16.36%
-12.42%
-16.40%
-27.15%
1.52%
-0.27%
SPY
-7.99%
-4.19%
-6.68%
7.93%
15.74%
11.91%
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ASFYX vs. SPY - Expense Ratio Comparison
ASFYX has a 1.47% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ASFYX vs. SPY — Risk-Adjusted Performance Rank
ASFYX
SPY
ASFYX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) 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
ASFYX vs. SPY - Dividend Comparison
ASFYX's dividend yield for the trailing twelve months is around 1.75%, more than SPY's 1.33% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 1.75% | 1.47% | 0.98% | 32.48% | 6.07% | 3.40% | 5.51% | 1.30% | 0.07% | 0.01% | 5.06% | 13.64% |
SPY SPDR S&P 500 ETF | 1.33% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ASFYX vs. SPY - Drawdown Comparison
The maximum ASFYX drawdown since its inception was -34.81%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ASFYX and SPY. For additional features, visit the drawdowns tool.
Volatility
ASFYX vs. SPY - Volatility Comparison
The current volatility for AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) is 6.81%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.47%. This indicates that ASFYX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.