ECOIX vs. SPY
Compare and contrast key facts about Ecofin Global Renewables Infrastructure Fund (ECOIX) and SPDR S&P 500 ETF (SPY).
ECOIX is managed by Ecofin. It was launched on Nov 1, 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: ECOIX or SPY.
Correlation
The correlation between ECOIX and SPY is 0.59, 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
ECOIX vs. SPY - Performance Comparison
Key characteristics
ECOIX:
-0.21
SPY:
1.88
ECOIX:
-0.18
SPY:
2.51
ECOIX:
0.98
SPY:
1.35
ECOIX:
-0.09
SPY:
2.83
ECOIX:
-0.47
SPY:
11.89
ECOIX:
6.99%
SPY:
2.00%
ECOIX:
15.64%
SPY:
12.69%
ECOIX:
-39.69%
SPY:
-55.19%
ECOIX:
-30.03%
SPY:
-3.89%
Returns By Period
In the year-to-date period, ECOIX achieves a -3.28% return, which is significantly lower than SPY's -0.66% return.
ECOIX
-3.28%
-5.63%
-8.11%
-3.70%
N/A
N/A
SPY
-0.66%
-3.32%
3.73%
23.70%
13.73%
13.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ECOIX vs. SPY - Expense Ratio Comparison
ECOIX has a 0.91% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ECOIX vs. SPY — Risk-Adjusted Performance Rank
ECOIX
SPY
ECOIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ecofin Global Renewables Infrastructure Fund (ECOIX) 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
ECOIX vs. SPY - Dividend Comparison
ECOIX's dividend yield for the trailing twelve months is around 4.40%, more than SPY's 1.21% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Ecofin Global Renewables Infrastructure Fund | 4.40% | 4.26% | 3.75% | 3.11% | 2.54% | 0.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ECOIX vs. SPY - Drawdown Comparison
The maximum ECOIX drawdown since its inception was -39.69%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ECOIX and SPY. For additional features, visit the drawdowns tool.
Volatility
ECOIX vs. SPY - Volatility Comparison
The current volatility for Ecofin Global Renewables Infrastructure Fund (ECOIX) is 4.04%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.61%. This indicates that ECOIX 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.