EQTIX vs. SPY
Compare and contrast key facts about Shelton Equity Income Fund (EQTIX) and SPDR S&P 500 ETF (SPY).
EQTIX is managed by Shelton Capital Management. It was launched on Sep 3, 1996. 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: EQTIX or SPY.
Correlation
The correlation between EQTIX and SPY is 0.93, 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
EQTIX vs. SPY - Performance Comparison
Key characteristics
EQTIX:
1.83
SPY:
1.92
EQTIX:
2.51
SPY:
2.57
EQTIX:
1.34
SPY:
1.35
EQTIX:
3.01
SPY:
2.94
EQTIX:
10.57
SPY:
12.26
EQTIX:
1.67%
SPY:
2.02%
EQTIX:
9.66%
SPY:
12.89%
EQTIX:
-54.79%
SPY:
-55.19%
EQTIX:
-0.73%
SPY:
-0.77%
Returns By Period
The year-to-date returns for both investments are quite close, with EQTIX having a 3.21% return and SPY slightly higher at 3.24%. Over the past 10 years, EQTIX has underperformed SPY with an annualized return of 2.08%, while SPY has yielded a comparatively higher 13.59% annualized return.
EQTIX
3.21%
3.21%
9.82%
18.94%
7.53%
2.08%
SPY
3.24%
3.24%
12.14%
26.91%
15.25%
13.59%
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EQTIX vs. SPY - Expense Ratio Comparison
EQTIX has a 0.72% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
EQTIX vs. SPY — Risk-Adjusted Performance Rank
EQTIX
SPY
EQTIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shelton Equity Income Fund (EQTIX) 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
EQTIX vs. SPY - Dividend Comparison
EQTIX's dividend yield for the trailing twelve months is around 9.22%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQTIX Shelton Equity Income Fund | 9.22% | 9.51% | 8.56% | 8.38% | 9.67% | 9.54% | 4.71% | 3.35% | 3.06% | 1.81% | 1.92% | 1.55% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
EQTIX vs. SPY - Drawdown Comparison
The maximum EQTIX drawdown since its inception was -54.79%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EQTIX and SPY. For additional features, visit the drawdowns tool.
Volatility
EQTIX vs. SPY - Volatility Comparison
The current volatility for Shelton Equity Income Fund (EQTIX) is 2.93%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.10%. This indicates that EQTIX 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.