DSPIX vs. NANC
Compare and contrast key facts about BNY Mellon Institutional S&P 500 Stock Index Fund (DSPIX) and Subversive Unusual Whales Democratic ETF (NANC).
DSPIX is managed by BNY Mellon. It was launched on Sep 30, 1993. NANC is an actively managed fund by Subversive. It was launched on Feb 7, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DSPIX or NANC.
Key characteristics
| DSPIX | NANC | |
|---|---|---|
| YTD Return | 19.20% | 20.01% |
| 1Y Return | 28.52% | 31.83% |
| Sharpe Ratio | 2.29 | 2.08 |
| Daily Std Dev | 12.50% | 15.31% |
| Max Drawdown | -55.32% | -11.06% |
| Current Drawdown | -0.32% | -2.27% |
Correlation
The correlation between DSPIX and NANC is 0.93, 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
DSPIX vs. NANC - Performance Comparison
The year-to-date returns for both investments are quite close, with DSPIX having a 19.20% return and NANC slightly higher at 20.01%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DSPIX vs. NANC - Expense Ratio Comparison
DSPIX has a 0.20% expense ratio, which is lower than NANC's 0.75% expense ratio.
Risk-Adjusted Performance
DSPIX vs. NANC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Institutional S&P 500 Stock Index Fund (DSPIX) and Subversive Unusual Whales Democratic ETF (NANC). 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
DSPIX vs. NANC - Dividend Comparison
DSPIX's dividend yield for the trailing twelve months is around 23.14%, more than NANC's 0.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DSPIX BNY Mellon Institutional S&P 500 Stock Index Fund | 23.14% | 27.46% | 18.33% | 12.91% | 4.64% | 5.01% | 6.33% | 2.53% | 2.91% | 2.63% | 1.70% | 1.71% |
NANC Subversive Unusual Whales Democratic ETF | 0.78% | 0.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DSPIX vs. NANC - Drawdown Comparison
The maximum DSPIX drawdown since its inception was -55.32%, which is greater than NANC's maximum drawdown of -11.06%. Use the drawdown chart below to compare losses from any high point for DSPIX and NANC. For additional features, visit the drawdowns tool.
Volatility
DSPIX vs. NANC - Volatility Comparison
The current volatility for BNY Mellon Institutional S&P 500 Stock Index Fund (DSPIX) is 4.10%, while Subversive Unusual Whales Democratic ETF (NANC) has a volatility of 5.17%. This indicates that DSPIX experiences smaller price fluctuations and is considered to be less risky than NANC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.