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BLNDX vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BLNDXSPY
YTD Return12.34%6.26%
1Y Return16.53%26.32%
3Y Return (Ann)9.51%8.03%
Sharpe Ratio1.692.21
Daily Std Dev9.97%11.67%
Max Drawdown-9.33%-55.19%
Current Drawdown-2.15%-3.76%

Correlation

-0.50.00.51.00.7

The correlation between BLNDX and SPY is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

BLNDX vs. SPY - Performance Comparison

In the year-to-date period, BLNDX achieves a 12.34% return, which is significantly higher than SPY's 6.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%25.00%NovemberDecember2024FebruaryMarchApril
14.23%
22.92%
BLNDX
SPY

Compare stocks, funds, or ETFs

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Standpoint Multi-Asset Fund Institutional

SPDR S&P 500 ETF

BLNDX vs. SPY - Expense Ratio Comparison

BLNDX has a 1.27% expense ratio, which is higher than SPY's 0.09% expense ratio.


BLNDX
Standpoint Multi-Asset Fund Institutional
Expense ratio chart for BLNDX: current value at 1.27% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.27%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

BLNDX vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Standpoint Multi-Asset Fund Institutional (BLNDX) 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.


BLNDX
Sharpe ratio
The chart of Sharpe ratio for BLNDX, currently valued at 1.69, compared to the broader market-1.000.001.002.003.004.001.69
Sortino ratio
The chart of Sortino ratio for BLNDX, currently valued at 2.53, compared to the broader market-2.000.002.004.006.008.0010.0012.002.53
Omega ratio
The chart of Omega ratio for BLNDX, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.001.31
Calmar ratio
The chart of Calmar ratio for BLNDX, currently valued at 3.60, compared to the broader market0.002.004.006.008.0010.0012.003.60
Martin ratio
The chart of Martin ratio for BLNDX, currently valued at 12.41, compared to the broader market0.0010.0020.0030.0040.0050.0060.0012.41
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 2.21, compared to the broader market-1.000.001.002.003.004.002.21
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 3.21, compared to the broader market-2.000.002.004.006.008.0010.0012.003.21
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.001.39
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 1.89, compared to the broader market0.002.004.006.008.0010.0012.001.89
Martin ratio
The chart of Martin ratio for SPY, currently valued at 9.02, compared to the broader market0.0010.0020.0030.0040.0050.0060.009.02

BLNDX vs. SPY - Sharpe Ratio Comparison

The current BLNDX Sharpe Ratio is 1.69, which roughly equals the SPY Sharpe Ratio of 2.21. The chart below compares the 12-month rolling Sharpe Ratio of BLNDX and SPY.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50NovemberDecember2024FebruaryMarchApril
1.69
2.21
BLNDX
SPY

Dividends

BLNDX vs. SPY - Dividend Comparison

BLNDX's dividend yield for the trailing twelve months is around 3.30%, more than SPY's 1.34% yield.


TTM20232022202120202019201820172016201520142013
BLNDX
Standpoint Multi-Asset Fund Institutional
3.30%3.71%2.67%6.11%1.21%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.34%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

BLNDX vs. SPY - Drawdown Comparison

The maximum BLNDX drawdown since its inception was -9.33%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BLNDX and SPY. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2024FebruaryMarchApril
-2.15%
-3.76%
BLNDX
SPY

Volatility

BLNDX vs. SPY - Volatility Comparison

The current volatility for Standpoint Multi-Asset Fund Institutional (BLNDX) is 2.45%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.55%. This indicates that BLNDX 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.


2.00%3.00%4.00%5.00%NovemberDecember2024FebruaryMarchApril
2.45%
3.55%
BLNDX
SPY