BGRFX vs. SPY
Compare and contrast key facts about Baron Growth Fund (BGRFX) and SPDR S&P 500 ETF (SPY).
BGRFX is managed by Baron Capital Group, Inc.. It was launched on Dec 30, 1994. 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: BGRFX or SPY.
Correlation
The correlation between BGRFX and SPY is 0.80, 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
BGRFX vs. SPY - Performance Comparison
Key characteristics
BGRFX:
-0.28
SPY:
2.12
BGRFX:
-0.23
SPY:
2.81
BGRFX:
0.96
SPY:
1.39
BGRFX:
-0.16
SPY:
3.21
BGRFX:
-0.79
SPY:
13.42
BGRFX:
6.59%
SPY:
2.01%
BGRFX:
18.26%
SPY:
12.78%
BGRFX:
-58.19%
SPY:
-55.19%
BGRFX:
-28.25%
SPY:
-0.29%
Returns By Period
In the year-to-date period, BGRFX achieves a 1.91% return, which is significantly lower than SPY's 3.73% return. Over the past 10 years, BGRFX has underperformed SPY with an annualized return of 2.40%, while SPY has yielded a comparatively higher 13.76% annualized return.
BGRFX
1.91%
0.71%
-6.43%
-4.57%
1.50%
2.40%
SPY
3.73%
1.10%
12.39%
26.33%
15.23%
13.76%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BGRFX vs. SPY - Expense Ratio Comparison
BGRFX has a 1.29% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
BGRFX vs. SPY — Risk-Adjusted Performance Rank
BGRFX
SPY
BGRFX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Growth Fund (BGRFX) 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
BGRFX vs. SPY - Dividend Comparison
BGRFX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGRFX Baron Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BGRFX vs. SPY - Drawdown Comparison
The maximum BGRFX drawdown since its inception was -58.19%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BGRFX and SPY. For additional features, visit the drawdowns tool.
Volatility
BGRFX vs. SPY - Volatility Comparison
Baron Growth Fund (BGRFX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.89% and 4.00%, 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.