BXSL vs. SPY
Compare and contrast key facts about Blackstone Secured Lending Fund (BXSL) 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: BXSL or SPY.
Correlation
The correlation between BXSL and SPY is 0.34, 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
BXSL vs. SPY - Performance Comparison
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Key characteristics
BXSL:
-0.15
SPY:
0.66
BXSL:
-0.07
SPY:
1.12
BXSL:
0.99
SPY:
1.17
BXSL:
-0.12
SPY:
0.75
BXSL:
-0.54
SPY:
2.92
BXSL:
6.52%
SPY:
4.86%
BXSL:
21.85%
SPY:
20.32%
BXSL:
-41.26%
SPY:
-55.19%
BXSL:
-18.65%
SPY:
-4.60%
Returns By Period
In the year-to-date period, BXSL achieves a -5.23% return, which is significantly lower than SPY's -0.23% return.
BXSL
-5.23%
10.38%
-1.70%
-3.16%
N/A
N/A
SPY
-0.23%
9.19%
-2.01%
13.36%
17.44%
12.59%
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Risk-Adjusted Performance
BXSL vs. SPY — Risk-Adjusted Performance Rank
BXSL
SPY
BXSL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackstone Secured Lending Fund (BXSL) 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.
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Dividends
BXSL vs. SPY - Dividend Comparison
BXSL's dividend yield for the trailing twelve months is around 10.06%, more than SPY's 1.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BXSL Blackstone Secured Lending Fund | 10.06% | 9.53% | 10.64% | 13.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.23% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BXSL vs. SPY - Drawdown Comparison
The maximum BXSL drawdown since its inception was -41.26%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BXSL and SPY. For additional features, visit the drawdowns tool.
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Volatility
BXSL vs. SPY - Volatility Comparison
The current volatility for Blackstone Secured Lending Fund (BXSL) is 5.58%, while SPDR S&P 500 ETF (SPY) has a volatility of 6.39%. This indicates that BXSL 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.
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