CISIX vs. SPY
Compare and contrast key facts about Calvert US Large-Cap Core Responsible Index Fund (CISIX) and SPDR S&P 500 ETF (SPY).
CISIX is managed by Calvert Research and Management. It was launched on Jun 30, 2000. 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: CISIX or SPY.
Correlation
The correlation between CISIX and SPY is 0.97, 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
CISIX vs. SPY - Performance Comparison
Key characteristics
CISIX:
1.93
SPY:
2.12
CISIX:
2.60
SPY:
2.83
CISIX:
1.36
SPY:
1.40
CISIX:
2.83
SPY:
3.15
CISIX:
11.81
SPY:
13.87
CISIX:
2.18%
SPY:
1.91%
CISIX:
13.29%
SPY:
12.51%
CISIX:
-58.02%
SPY:
-55.19%
CISIX:
-2.33%
SPY:
-1.78%
Returns By Period
The year-to-date returns for both investments are quite close, with CISIX having a 26.04% return and SPY slightly higher at 26.79%. Over the past 10 years, CISIX has underperformed SPY with an annualized return of 11.76%, while SPY has yielded a comparatively higher 13.08% annualized return.
CISIX
26.04%
-0.84%
10.40%
25.62%
14.71%
11.76%
SPY
26.79%
-0.30%
10.04%
26.42%
14.75%
13.08%
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CISIX vs. SPY - Expense Ratio Comparison
CISIX has a 0.24% 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
CISIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert US Large-Cap Core Responsible Index Fund (CISIX) 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
CISIX vs. SPY - Dividend Comparison
CISIX's dividend yield for the trailing twelve months is around 1.75%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CISIX Calvert US Large-Cap Core Responsible Index Fund | 1.75% | 1.02% | 1.17% | 0.79% | 0.94% | 1.14% | 1.34% | 1.42% | 1.59% | 1.42% | 0.97% | 1.26% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
CISIX vs. SPY - Drawdown Comparison
The maximum CISIX drawdown since its inception was -58.02%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CISIX and SPY. For additional features, visit the drawdowns tool.
Volatility
CISIX vs. SPY - Volatility Comparison
Calvert US Large-Cap Core Responsible Index Fund (CISIX) has a higher volatility of 4.33% compared to SPDR S&P 500 ETF (SPY) at 4.07%. This indicates that CISIX'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.