BRGE.L vs. SPY
Compare and contrast key facts about BlackRock Greater Europe Investment Trust plc (BRGE.L) and SPDR S&P 500 ETF (SPY).
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: BRGE.L or SPY.
Key characteristics
BRGE.L | SPY | |
---|---|---|
YTD Return | 2.94% | 18.86% |
1Y Return | 14.89% | 28.13% |
3Y Return (Ann) | -4.52% | 9.87% |
5Y Return (Ann) | 9.76% | 15.23% |
10Y Return (Ann) | 11.29% | 12.80% |
Sharpe Ratio | 0.85 | 2.21 |
Daily Std Dev | 16.22% | 12.60% |
Max Drawdown | -45.19% | -55.19% |
Current Drawdown | -17.50% | -0.61% |
Correlation
The correlation between BRGE.L and SPY is 0.35, 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
BRGE.L vs. SPY - Performance Comparison
In the year-to-date period, BRGE.L achieves a 2.94% return, which is significantly lower than SPY's 18.86% return. Over the past 10 years, BRGE.L has underperformed SPY with an annualized return of 11.29%, while SPY has yielded a comparatively higher 12.80% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BRGE.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Greater Europe Investment Trust plc (BRGE.L) 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
BRGE.L vs. SPY - Dividend Comparison
BRGE.L's dividend yield for the trailing twelve months is around 1.16%, more than SPY's 0.94% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
BlackRock Greater Europe Investment Trust plc | 1.16% | 1.19% | 1.40% | 0.91% | 1.16% | 1.44% | 1.87% | 1.61% | 0.02% | 0.02% | 0.02% | 0.41% |
SPDR S&P 500 ETF | 0.94% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
BRGE.L vs. SPY - Drawdown Comparison
The maximum BRGE.L drawdown since its inception was -45.19%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BRGE.L and SPY. For additional features, visit the drawdowns tool.
Volatility
BRGE.L vs. SPY - Volatility Comparison
BlackRock Greater Europe Investment Trust plc (BRGE.L) has a higher volatility of 5.11% compared to SPDR S&P 500 ETF (SPY) at 3.84%. This indicates that BRGE.L'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.