BPIRX vs. SPY
Compare and contrast key facts about Boston Partners Long/Short Research Fund (BPIRX) and SPDR S&P 500 ETF (SPY).
BPIRX is managed by Boston Partners. It was launched on Sep 29, 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: BPIRX or SPY.
Correlation
The correlation between BPIRX and SPY is 0.81, 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
BPIRX vs. SPY - Performance Comparison
Key characteristics
BPIRX:
0.17
SPY:
1.99
BPIRX:
0.26
SPY:
2.66
BPIRX:
1.06
SPY:
1.37
BPIRX:
0.09
SPY:
2.97
BPIRX:
0.68
SPY:
13.06
BPIRX:
3.09%
SPY:
1.91%
BPIRX:
12.29%
SPY:
12.59%
BPIRX:
-34.72%
SPY:
-55.19%
BPIRX:
-21.02%
SPY:
-2.90%
Returns By Period
Over the past 10 years, BPIRX has underperformed SPY with an annualized return of -0.70%, while SPY has yielded a comparatively higher 13.08% annualized return.
BPIRX
0.00%
-13.89%
-6.51%
2.12%
-2.54%
-0.70%
SPY
25.34%
-2.05%
8.56%
25.34%
14.57%
13.08%
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BPIRX vs. SPY - Expense Ratio Comparison
BPIRX has a 1.40% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
BPIRX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Boston Partners Long/Short Research Fund (BPIRX) 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
BPIRX vs. SPY - Dividend Comparison
BPIRX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BPIRX Boston Partners Long/Short Research Fund | 0.00% | 2.55% | 1.56% | 0.00% | 0.00% | 1.32% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BPIRX vs. SPY - Drawdown Comparison
The maximum BPIRX drawdown since its inception was -34.72%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BPIRX and SPY. For additional features, visit the drawdowns tool.
Volatility
BPIRX vs. SPY - Volatility Comparison
Boston Partners Long/Short Research Fund (BPIRX) has a higher volatility of 10.51% compared to SPDR S&P 500 ETF (SPY) at 4.16%. This indicates that BPIRX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.