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:
1.36
SPY:
1.75
ECAT:
1.85
SPY:
2.36
ECAT:
1.24
SPY:
1.32
ECAT:
2.14
SPY:
2.66
ECAT:
6.71
SPY:
11.01
ECAT:
2.89%
SPY:
2.03%
ECAT:
14.26%
SPY:
12.77%
ECAT:
-32.23%
SPY:
-55.19%
ECAT:
-1.68%
SPY:
-2.12%
Returns By Period
In the year-to-date period, ECAT achieves a 4.68% return, which is significantly higher than SPY's 2.36% return.
ECAT
4.68%
0.31%
2.76%
17.16%
N/A
N/A
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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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 19.18%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECAT BlackRock ESG Capital Allocation Term Trust | 19.18% | 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 | 1.18% | 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
BlackRock ESG Capital Allocation Term Trust (ECAT) and SPDR S&P 500 ETF (SPY) have volatilities of 3.32% and 3.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.