BRNY vs. ^GSPC

Last updated Jun 6, 2026

BRNY (Burney U.S. Factor Rotation ETF) is fund fund actively managed by Alpha Architect, while ^GSPC (S&P 500 Index) is an index. Their correlation of 0.91 suggests significant overlap in exposure.

Performance

BRNY vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Burney U.S. Factor Rotation ETF (BRNY) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRNY achieves a 10.54% return, which is significantly higher than ^GSPC's 7.86% return.

BRNY

• 1D: -3.32%
• 1M: 0.77%
• YTD: 10.54%
• 6M: 11.62%
• 1Y: 29.32%
• 3Y*: 26.65%
• 5Y*: —
• 10Y*: —

^GSPC

• 1D: -2.64%
• 1M: 0.25%
• YTD: 7.86%
• 6M: 7.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BRNY vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025
BRNY Burney U.S. Factor Rotation ETF	10.54%	16.21%
^GSPC S&P 500 Index	7.86%	14.08%

Correlation

The correlation between BRNY and ^GSPC is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025	0.91

Return for Risk

BRNY vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRNY

BRNY Risk / Return Rank: 67
BRNY Sharpe Ratio Rank: 68
BRNY Sortino Ratio Rank: 66
BRNY Omega Ratio Rank: 66
BRNY Calmar Ratio Rank: 66
BRNY Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BRNY vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Burney U.S. Factor Rotation ETF (BRNY) and S&P 500 Index (^GSPC). 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.

	BRNY	^GSPC	Difference
Sharpe ratio: Return per unit of total volatility	2.12	—	—
Sortino ratio: Return per unit of downside risk	2.86	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	3.15	—	—
Martin ratio: Return relative to average drawdown	12.35	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BRNY	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.54	1.91	-0.37

Drawdowns

BRNY vs. ^GSPC - Drawdown Comparison

The maximum BRNY drawdown since its inception was -19.14%, which is greater than ^GSPC's maximum drawdown of -9.10%. Use the drawdown chart below to compare losses from any high point for BRNY and ^GSPC.

Drawdown Indicators

	BRNY	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-19.14%	-9.10%	-10.04%
Max Drawdown (1Y) Largest decline over 1 year	-9.34%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.14%	—	—
Current Drawdown Current decline from peak	-3.32%	-2.97%	-0.35%
Average Drawdown Average peak-to-trough decline	-2.77%	-1.13%	-1.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.38%	—	—

Volatility

Volatility by Period

	BRNY	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.30%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.85%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.92%	12.19%	+1.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.00%	12.19%	+4.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.00%	12.19%	+4.81%

Frequently Asked Questions

Can I hold both BRNY and ^GSPC in my portfolio?

With a correlation of 0.91, BRNY and ^GSPC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.