BSMIX vs. SPY
Compare and contrast key facts about iShares Russell Small/Mid-Cap Index Fund (BSMIX) and SPDR S&P 500 ETF (SPY).
BSMIX is managed by Blackrock. It was launched on Aug 13, 2015. 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: BSMIX or SPY.
Correlation
The correlation between BSMIX and SPY is 0.85, 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
BSMIX vs. SPY - Performance Comparison
Key characteristics
BSMIX:
0.98
SPY:
1.97
BSMIX:
1.46
SPY:
2.64
BSMIX:
1.18
SPY:
1.36
BSMIX:
1.00
SPY:
2.97
BSMIX:
4.10
SPY:
12.34
BSMIX:
4.07%
SPY:
2.03%
BSMIX:
16.97%
SPY:
12.68%
BSMIX:
-41.32%
SPY:
-55.19%
BSMIX:
-5.60%
SPY:
-0.01%
Returns By Period
In the year-to-date period, BSMIX achieves a 3.15% return, which is significantly lower than SPY's 4.03% return.
BSMIX
3.15%
0.99%
7.91%
12.36%
6.60%
N/A
SPY
4.03%
2.85%
10.70%
23.01%
14.30%
13.22%
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BSMIX vs. SPY - Expense Ratio Comparison
BSMIX 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
BSMIX vs. SPY — Risk-Adjusted Performance Rank
BSMIX
SPY
BSMIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Small/Mid-Cap Index Fund (BSMIX) 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
BSMIX vs. SPY - Dividend Comparison
BSMIX's dividend yield for the trailing twelve months is around 1.27%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSMIX iShares Russell Small/Mid-Cap Index Fund | 1.27% | 1.31% | 1.37% | 1.74% | 1.10% | 1.21% | 1.53% | 1.54% | 1.32% | 1.31% | 0.61% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BSMIX vs. SPY - Drawdown Comparison
The maximum BSMIX drawdown since its inception was -41.32%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BSMIX and SPY. For additional features, visit the drawdowns tool.
Volatility
BSMIX vs. SPY - Volatility Comparison
iShares Russell Small/Mid-Cap Index Fund (BSMIX) has a higher volatility of 3.81% compared to SPDR S&P 500 ETF (SPY) at 3.15%. This indicates that BSMIX'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.