BRGNX vs. SPY
Compare and contrast key facts about iShares Russell 1000 Large-Cap Index Fund (BRGNX) and SPDR S&P 500 ETF (SPY).
BRGNX is managed by Blackrock. It was launched on Mar 31, 2011. 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: BRGNX or SPY.
Correlation
The correlation between BRGNX and SPY is 0.99, 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
BRGNX vs. SPY - Performance Comparison
Key characteristics
BRGNX:
0.50
SPY:
0.51
BRGNX:
0.83
SPY:
0.86
BRGNX:
1.12
SPY:
1.13
BRGNX:
0.52
SPY:
0.55
BRGNX:
2.10
SPY:
2.26
BRGNX:
4.70%
SPY:
4.55%
BRGNX:
19.63%
SPY:
20.08%
BRGNX:
-34.59%
SPY:
-55.19%
BRGNX:
-10.15%
SPY:
-9.89%
Returns By Period
The year-to-date returns for both investments are quite close, with BRGNX having a -5.86% return and SPY slightly higher at -5.76%. Over the past 10 years, BRGNX has underperformed SPY with an annualized return of 10.70%, while SPY has yielded a comparatively higher 11.99% annualized return.
BRGNX
-5.86%
-3.26%
-4.35%
10.37%
15.51%
10.70%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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BRGNX vs. SPY - Expense Ratio Comparison
BRGNX has a 0.12% expense ratio, which is higher than SPY's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BRGNX vs. SPY — Risk-Adjusted Performance Rank
BRGNX
SPY
BRGNX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 1000 Large-Cap Index Fund (BRGNX) 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
BRGNX vs. SPY - Dividend Comparison
BRGNX's dividend yield for the trailing twelve months is around 1.23%, less than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRGNX iShares Russell 1000 Large-Cap Index Fund | 1.23% | 1.15% | 1.43% | 1.45% | 1.19% | 1.35% | 1.84% | 2.01% | 1.95% | 2.16% | 2.05% | 1.71% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BRGNX vs. SPY - Drawdown Comparison
The maximum BRGNX drawdown since its inception was -34.59%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BRGNX and SPY. For additional features, visit the drawdowns tool.
Volatility
BRGNX vs. SPY - Volatility Comparison
The current volatility for iShares Russell 1000 Large-Cap Index Fund (BRGNX) is 14.30%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that BRGNX 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.