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:
1.34
SPY:
1.46
EQTIX:
1.85
SPY:
1.99
EQTIX:
1.24
SPY:
1.27
EQTIX:
2.21
SPY:
2.23
EQTIX:
7.50
SPY:
9.00
EQTIX:
1.72%
SPY:
2.08%
EQTIX:
9.70%
SPY:
12.83%
EQTIX:
-54.79%
SPY:
-55.19%
EQTIX:
-2.35%
SPY:
-3.06%
Returns By Period
In the year-to-date period, EQTIX achieves a 1.52% return, which is significantly higher than SPY's 1.38% return. Over the past 10 years, EQTIX has underperformed SPY with an annualized return of 1.58%, while SPY has yielded a comparatively higher 12.93% annualized return.
EQTIX
1.52%
-1.25%
4.14%
11.67%
8.38%
1.58%
SPY
1.38%
-1.27%
6.09%
17.34%
16.45%
12.93%
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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 9.37%, more than SPY's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQTIX Shelton Equity Income Fund | 9.37% | 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 | 1.19% | 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 2.71%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.69%. 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.