COTZX vs. SPY
Compare and contrast key facts about Columbia Thermostat Fund (COTZX) and SPDR S&P 500 ETF (SPY).
COTZX is managed by Columbia Threadneedle. It was launched on Sep 24, 2002. 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: COTZX or SPY.
Correlation
The correlation between COTZX and SPY is 0.81, 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
COTZX vs. SPY - Performance Comparison
Key characteristics
COTZX:
0.81
SPY:
2.21
COTZX:
1.10
SPY:
2.93
COTZX:
1.15
SPY:
1.41
COTZX:
0.33
SPY:
3.26
COTZX:
4.02
SPY:
14.40
COTZX:
1.36%
SPY:
1.90%
COTZX:
6.77%
SPY:
12.44%
COTZX:
-49.51%
SPY:
-55.19%
COTZX:
-9.91%
SPY:
-1.83%
Returns By Period
In the year-to-date period, COTZX achieves a 5.14% return, which is significantly lower than SPY's 26.72% return. Over the past 10 years, COTZX has underperformed SPY with an annualized return of 2.88%, while SPY has yielded a comparatively higher 13.04% annualized return.
COTZX
5.14%
-3.26%
1.71%
5.48%
3.28%
2.88%
SPY
26.72%
0.20%
10.28%
27.17%
14.87%
13.04%
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COTZX vs. SPY - Expense Ratio Comparison
COTZX 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
COTZX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Thermostat Fund (COTZX) 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
COTZX vs. SPY - Dividend Comparison
COTZX's dividend yield for the trailing twelve months is around 0.40%, less than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COTZX Columbia Thermostat Fund | 0.40% | 2.74% | 2.32% | 1.85% | 1.74% | 1.98% | 2.26% | 3.74% | 0.78% | 2.27% | 2.19% | 2.03% |
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
COTZX vs. SPY - Drawdown Comparison
The maximum COTZX drawdown since its inception was -49.51%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for COTZX and SPY. For additional features, visit the drawdowns tool.
Volatility
COTZX vs. SPY - Volatility Comparison
The current volatility for Columbia Thermostat Fund (COTZX) is 3.29%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.81%. This indicates that COTZX 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.