CEMIX vs. SPY
Compare and contrast key facts about Causeway Emerging Markets Fund (CEMIX) and SPDR S&P 500 ETF (SPY).
CEMIX is managed by Causeway. It was launched on Mar 28, 2007. 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: CEMIX or SPY.
Correlation
The correlation between CEMIX and SPY is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CEMIX vs. SPY - Performance Comparison
Key characteristics
CEMIX:
0.91
SPY:
1.87
CEMIX:
1.34
SPY:
2.52
CEMIX:
1.16
SPY:
1.35
CEMIX:
0.43
SPY:
2.81
CEMIX:
2.88
SPY:
11.69
CEMIX:
4.84%
SPY:
2.02%
CEMIX:
15.30%
SPY:
12.65%
CEMIX:
-71.30%
SPY:
-55.19%
CEMIX:
-22.91%
SPY:
0.00%
Returns By Period
In the year-to-date period, CEMIX achieves a 3.40% return, which is significantly lower than SPY's 4.58% return. Over the past 10 years, CEMIX has underperformed SPY with an annualized return of 2.03%, while SPY has yielded a comparatively higher 13.23% annualized return.
CEMIX
3.40%
4.26%
1.45%
13.05%
1.21%
2.03%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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CEMIX vs. SPY - Expense Ratio Comparison
CEMIX has a 1.10% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
CEMIX vs. SPY — Risk-Adjusted Performance Rank
CEMIX
SPY
CEMIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Causeway Emerging Markets Fund (CEMIX) 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
CEMIX vs. SPY - Dividend Comparison
CEMIX's dividend yield for the trailing twelve months is around 3.61%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEMIX Causeway Emerging Markets Fund | 3.61% | 3.73% | 4.85% | 4.87% | 3.30% | 1.36% | 2.03% | 2.02% | 1.57% | 1.55% | 1.69% | 2.40% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CEMIX vs. SPY - Drawdown Comparison
The maximum CEMIX drawdown since its inception was -71.30%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CEMIX and SPY. For additional features, visit the drawdowns tool.
Volatility
CEMIX vs. SPY - Volatility Comparison
Causeway Emerging Markets Fund (CEMIX) has a higher volatility of 3.92% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that CEMIX'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.