EFRA vs. SPY
Compare and contrast key facts about iShares Environmental Infrastructure and Industrials ETF (EFRA) and SPDR S&P 500 ETF (SPY).
EFRA and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EFRA is a passively managed fund by iShares that tracks the performance of the FTSE Green Revenues Select Infrastructure and Industrials Index - USD - Benchmark TR Net. It was launched on Nov 1, 2022. 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 EFRA 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: EFRA or SPY.
Correlation
The correlation between EFRA and SPY is 0.75, 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
EFRA vs. SPY - Performance Comparison
Key characteristics
EFRA:
0.38
SPY:
0.30
EFRA:
0.67
SPY:
0.56
EFRA:
1.08
SPY:
1.08
EFRA:
0.38
SPY:
0.31
EFRA:
1.26
SPY:
1.40
EFRA:
4.91%
SPY:
4.18%
EFRA:
16.14%
SPY:
19.64%
EFRA:
-16.25%
SPY:
-55.19%
EFRA:
-8.30%
SPY:
-13.86%
Returns By Period
In the year-to-date period, EFRA achieves a -0.72% return, which is significantly higher than SPY's -9.91% return.
EFRA
-0.72%
-2.27%
-7.45%
5.65%
N/A
N/A
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
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EFRA vs. SPY - Expense Ratio Comparison
EFRA has a 0.47% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
EFRA vs. SPY — Risk-Adjusted Performance Rank
EFRA
SPY
EFRA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Environmental Infrastructure and Industrials ETF (EFRA) 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
EFRA vs. SPY - Dividend Comparison
EFRA's dividend yield for the trailing twelve months is around 3.82%, more than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFRA iShares Environmental Infrastructure and Industrials ETF | 3.82% | 3.79% | 1.85% | 0.14% | 0.00% | 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
EFRA vs. SPY - Drawdown Comparison
The maximum EFRA drawdown since its inception was -16.25%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EFRA and SPY. For additional features, visit the drawdowns tool.
Volatility
EFRA vs. SPY - Volatility Comparison
The current volatility for iShares Environmental Infrastructure and Industrials ETF (EFRA) is 9.99%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that EFRA 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.