CPIEX vs. SPY
Compare and contrast key facts about Counterpoint Tactical Equity Fund (CPIEX) and SPDR S&P 500 ETF (SPY).
CPIEX is managed by Counterpoint Mutual Funds. It was launched on Nov 29, 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: CPIEX or SPY.
Correlation
The correlation between CPIEX and SPY is 0.44, 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
CPIEX vs. SPY - Performance Comparison
Key characteristics
CPIEX:
1.63
SPY:
-0.03
CPIEX:
2.18
SPY:
0.06
CPIEX:
1.29
SPY:
1.01
CPIEX:
2.77
SPY:
-0.03
CPIEX:
7.39
SPY:
-0.13
CPIEX:
2.92%
SPY:
3.49%
CPIEX:
13.21%
SPY:
15.82%
CPIEX:
-50.21%
SPY:
-55.19%
CPIEX:
-3.17%
SPY:
-17.46%
Returns By Period
In the year-to-date period, CPIEX achieves a 4.07% return, which is significantly higher than SPY's -13.68% return.
CPIEX
4.07%
3.14%
7.51%
20.26%
14.98%
N/A
SPY
-13.68%
-12.16%
-10.60%
-1.47%
14.70%
11.09%
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CPIEX vs. SPY - Expense Ratio Comparison
CPIEX has a 1.75% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
CPIEX vs. SPY — Risk-Adjusted Performance Rank
CPIEX
SPY
CPIEX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Counterpoint Tactical Equity Fund (CPIEX) 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
CPIEX vs. SPY - Dividend Comparison
CPIEX's dividend yield for the trailing twelve months is around 0.07%, less than SPY's 1.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPIEX Counterpoint Tactical Equity Fund | 0.07% | 0.08% | 2.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.42% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CPIEX vs. SPY - Drawdown Comparison
The maximum CPIEX drawdown since its inception was -50.21%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CPIEX and SPY. For additional features, visit the drawdowns tool.
Volatility
CPIEX vs. SPY - Volatility Comparison
The current volatility for Counterpoint Tactical Equity Fund (CPIEX) is 2.90%, while SPDR S&P 500 ETF (SPY) has a volatility of 9.22%. This indicates that CPIEX 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.