ECON vs. SPY
Compare and contrast key facts about Columbia Emerging Markets Consumer ETF (ECON) and SPDR S&P 500 ETF (SPY).
ECON and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ECON is a passively managed fund by Ameriprise Financial that tracks the performance of the Dow Jones Emerging Markets Consumer Titans Index. It was launched on Sep 14, 2010. 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. Both ECON and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ECON or SPY.
Correlation
The correlation between ECON and SPY is 0.66, 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
ECON vs. SPY - Performance Comparison
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Key characteristics
ECON:
0.33
SPY:
0.50
ECON:
0.61
SPY:
0.88
ECON:
1.08
SPY:
1.13
ECON:
0.17
SPY:
0.56
ECON:
1.09
SPY:
2.17
ECON:
5.76%
SPY:
4.85%
ECON:
18.68%
SPY:
20.02%
ECON:
-45.37%
SPY:
-55.19%
ECON:
-27.19%
SPY:
-7.65%
Returns By Period
In the year-to-date period, ECON achieves a 7.28% return, which is significantly higher than SPY's -3.42% return. Over the past 10 years, ECON has underperformed SPY with an annualized return of -0.91%, while SPY has yielded a comparatively higher 12.35% annualized return.
ECON
7.28%
11.19%
2.14%
6.38%
2.69%
-0.91%
SPY
-3.42%
7.58%
-5.06%
9.73%
15.77%
12.35%
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ECON vs. SPY - Expense Ratio Comparison
ECON has a 0.49% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ECON vs. SPY — Risk-Adjusted Performance Rank
ECON
SPY
ECON vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Emerging Markets Consumer ETF (ECON) 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.
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Dividends
ECON vs. SPY - Dividend Comparison
ECON's dividend yield for the trailing twelve months is around 0.71%, less than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECON Columbia Emerging Markets Consumer ETF | 0.71% | 0.76% | 1.57% | 2.05% | 1.08% | 0.63% | 1.68% | 0.98% | 0.35% | 0.74% | 1.11% | 1.20% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ECON vs. SPY - Drawdown Comparison
The maximum ECON drawdown since its inception was -45.37%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ECON and SPY. For additional features, visit the drawdowns tool.
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Volatility
ECON vs. SPY - Volatility Comparison
The current volatility for Columbia Emerging Markets Consumer ETF (ECON) is 5.79%, while SPDR S&P 500 ETF (SPY) has a volatility of 7.48%. This indicates that ECON 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.
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