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:
-0.24
SPY:
2.21
ASFYX:
-0.23
SPY:
2.93
ASFYX:
0.97
SPY:
1.41
ASFYX:
-0.11
SPY:
3.26
ASFYX:
-0.30
SPY:
14.40
ASFYX:
8.92%
SPY:
1.90%
ASFYX:
11.33%
SPY:
12.44%
ASFYX:
-28.00%
SPY:
-55.19%
ASFYX:
-21.00%
SPY:
-1.83%
Returns By Period
In the year-to-date period, ASFYX achieves a -2.66% return, which is significantly lower than SPY's 26.72% return. Over the past 10 years, ASFYX has underperformed SPY with an annualized return of 3.00%, while SPY has yielded a comparatively higher 13.04% annualized return.
ASFYX
-2.66%
-0.37%
-7.82%
-2.98%
6.73%
3.00%
SPY
26.72%
0.20%
10.28%
27.17%
14.87%
13.04%
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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 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 1.45%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 1.45% | 0.98% | 32.48% | 6.07% | 3.40% | 5.51% | 1.30% | 0.07% | 0.01% | 5.06% | 13.64% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
ASFYX vs. SPY - Drawdown Comparison
The maximum ASFYX drawdown since its inception was -28.00%, 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 2.53%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.83%. 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.