BARIX vs. SPY
Compare and contrast key facts about Baron Asset Fund Institutional Class (BARIX) and SPDR S&P 500 ETF (SPY).
BARIX is managed by Baron Capital Group. It was launched on May 29, 2009. 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: BARIX or SPY.
Correlation
The correlation between BARIX and SPY is 0.87, 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
BARIX vs. SPY - Performance Comparison
Key characteristics
BARIX:
-0.25
SPY:
1.87
BARIX:
-0.17
SPY:
2.52
BARIX:
0.97
SPY:
1.35
BARIX:
-0.18
SPY:
2.81
BARIX:
-0.68
SPY:
11.69
BARIX:
7.56%
SPY:
2.02%
BARIX:
20.43%
SPY:
12.65%
BARIX:
-41.72%
SPY:
-55.19%
BARIX:
-25.81%
SPY:
0.00%
Returns By Period
In the year-to-date period, BARIX achieves a 2.69% return, which is significantly lower than SPY's 4.58% return. Over the past 10 years, BARIX has underperformed SPY with an annualized return of 4.18%, while SPY has yielded a comparatively higher 13.23% annualized return.
BARIX
2.69%
0.47%
-8.31%
-3.82%
1.00%
4.18%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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BARIX vs. SPY - Expense Ratio Comparison
BARIX has a 1.03% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
BARIX vs. SPY — Risk-Adjusted Performance Rank
BARIX
SPY
BARIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Asset Fund Institutional Class (BARIX) 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
BARIX vs. SPY - Dividend Comparison
BARIX 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BARIX Baron Asset Fund Institutional Class | 0.00% | 0.00% | 0.00% | 0.01% | 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
BARIX vs. SPY - Drawdown Comparison
The maximum BARIX drawdown since its inception was -41.72%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BARIX and SPY. For additional features, visit the drawdowns tool.
Volatility
BARIX vs. SPY - Volatility Comparison
Baron Asset Fund Institutional Class (BARIX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.00% and 3.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.