EQCHX vs. SPY
Compare and contrast key facts about AXS Chesapeake Strategy Fund Class I (EQCHX) and SPDR S&P 500 ETF (SPY).
EQCHX is managed by AXS. It was launched on Sep 10, 2012. 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: EQCHX or SPY.
Correlation
The correlation between EQCHX and SPY is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EQCHX vs. SPY - Performance Comparison
Key characteristics
EQCHX:
-0.55
SPY:
1.88
EQCHX:
-0.62
SPY:
2.53
EQCHX:
0.92
SPY:
1.35
EQCHX:
-0.39
SPY:
2.83
EQCHX:
-0.93
SPY:
11.74
EQCHX:
8.70%
SPY:
2.02%
EQCHX:
14.66%
SPY:
12.64%
EQCHX:
-33.49%
SPY:
-55.19%
EQCHX:
-16.12%
SPY:
-0.42%
Returns By Period
In the year-to-date period, EQCHX achieves a 1.05% return, which is significantly lower than SPY's 4.15% return. Over the past 10 years, EQCHX has underperformed SPY with an annualized return of 0.80%, while SPY has yielded a comparatively higher 13.18% annualized return.
EQCHX
1.05%
0.57%
-1.44%
-7.82%
3.56%
0.80%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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EQCHX vs. SPY - Expense Ratio Comparison
EQCHX has a 1.91% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
EQCHX vs. SPY — Risk-Adjusted Performance Rank
EQCHX
SPY
EQCHX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AXS Chesapeake Strategy Fund Class I (EQCHX) 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
EQCHX vs. SPY - Dividend Comparison
EQCHX's dividend yield for the trailing twelve months is around 0.61%, less than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQCHX AXS Chesapeake Strategy Fund Class I | 0.61% | 0.62% | 1.82% | 1.54% | 20.40% | 0.00% | 3.86% | 0.74% | 0.00% | 0.00% | 1.13% | 19.52% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
EQCHX vs. SPY - Drawdown Comparison
The maximum EQCHX drawdown since its inception was -33.49%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EQCHX and SPY. For additional features, visit the drawdowns tool.
Volatility
EQCHX vs. SPY - Volatility Comparison
AXS Chesapeake Strategy Fund Class I (EQCHX) has a higher volatility of 4.64% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that EQCHX'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.