ECAT vs. SPY
Compare and contrast key facts about BlackRock ESG Capital Allocation Term Trust (ECAT) and SPDR S&P 500 ETF (SPY).
ECAT is managed by Blackrock. It was launched on Sep 28, 2021. 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: ECAT or SPY.
Correlation
The correlation between ECAT and SPY is 0.74, 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
ECAT vs. SPY - Performance Comparison
Key characteristics
ECAT:
0.57
SPY:
0.30
ECAT:
0.87
SPY:
0.56
ECAT:
1.12
SPY:
1.08
ECAT:
0.64
SPY:
0.31
ECAT:
3.00
SPY:
1.40
ECAT:
3.35%
SPY:
4.18%
ECAT:
17.57%
SPY:
19.64%
ECAT:
-32.23%
SPY:
-55.19%
ECAT:
-10.30%
SPY:
-13.86%
Returns By Period
In the year-to-date period, ECAT achieves a -4.49% return, which is significantly higher than SPY's -9.91% return.
ECAT
-4.49%
-8.71%
-6.50%
10.20%
N/A
N/A
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
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ECAT vs. SPY - Expense Ratio Comparison
ECAT has a 1.38% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ECAT vs. SPY — Risk-Adjusted Performance Rank
ECAT
SPY
ECAT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock ESG Capital Allocation Term Trust (ECAT) 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
ECAT vs. SPY - Dividend Comparison
ECAT's dividend yield for the trailing twelve months is around 24.00%, more than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECAT BlackRock ESG Capital Allocation Term Trust | 24.00% | 17.45% | 9.14% | 8.94% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ECAT vs. SPY - Drawdown Comparison
The maximum ECAT drawdown since its inception was -32.23%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ECAT and SPY. For additional features, visit the drawdowns tool.
Volatility
ECAT vs. SPY - Volatility Comparison
The current volatility for BlackRock ESG Capital Allocation Term Trust (ECAT) is 11.09%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that ECAT 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.