ENFR vs. SPY
Compare and contrast key facts about Alerian Energy Infrastructure ETF (ENFR) and SPDR S&P 500 ETF (SPY).
ENFR and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ENFR is a passively managed fund by SS&C that tracks the performance of the Alerian Midstream Energy Select Index. It was launched on Nov 1, 2013. 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 ENFR 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: ENFR or SPY.
Key characteristics
| ENFR | SPY | |
|---|---|---|
| YTD Return | 39.38% | 26.83% |
| 1Y Return | 44.25% | 34.88% |
| 3Y Return (Ann) | 21.61% | 10.16% |
| 5Y Return (Ann) | 16.45% | 15.71% |
| 10Y Return (Ann) | 5.71% | 13.33% |
| Sharpe Ratio | 3.59 | 3.08 |
| Sortino Ratio | 4.90 | 4.10 |
| Omega Ratio | 1.63 | 1.58 |
| Calmar Ratio | 8.48 | 4.46 |
| Martin Ratio | 29.81 | 20.22 |
| Ulcer Index | 1.55% | 1.85% |
| Daily Std Dev | 12.87% | 12.18% |
| Max Drawdown | -68.28% | -55.19% |
| Current Drawdown | -2.37% | -0.26% |
Correlation
The correlation between ENFR and SPY is 0.53, 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
ENFR vs. SPY - Performance Comparison
In the year-to-date period, ENFR achieves a 39.38% return, which is significantly higher than SPY's 26.83% return. Over the past 10 years, ENFR has underperformed SPY with an annualized return of 5.71%, while SPY has yielded a comparatively higher 13.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ENFR vs. SPY - Expense Ratio Comparison
ENFR has a 0.35% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ENFR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alerian Energy Infrastructure ETF (ENFR) 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
ENFR vs. SPY - Dividend Comparison
ENFR's dividend yield for the trailing twelve months is around 3.32%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENFR Alerian Energy Infrastructure ETF | 3.32% | 5.48% | 5.22% | 7.86% | 7.58% | 5.82% | 3.98% | 2.98% | 3.31% | 3.34% | 2.15% | 0.26% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
ENFR vs. SPY - Drawdown Comparison
The maximum ENFR drawdown since its inception was -68.28%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ENFR and SPY. For additional features, visit the drawdowns tool.
Volatility
ENFR vs. SPY - Volatility Comparison
Alerian Energy Infrastructure ETF (ENFR) has a higher volatility of 4.36% compared to SPDR S&P 500 ETF (SPY) at 3.77%. This indicates that ENFR's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.