ETILX vs. SPY
Compare and contrast key facts about Eventide Gilead Class I (ETILX) and SPDR S&P 500 ETF (SPY).
ETILX is managed by Eventide Funds. 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: ETILX or SPY.
Key characteristics
| ETILX | SPY | |
|---|---|---|
| YTD Return | 1.49% | 26.01% |
| 1Y Return | 15.37% | 33.73% |
| 3Y Return (Ann) | -11.53% | 9.91% |
| 5Y Return (Ann) | 5.27% | 15.54% |
| 10Y Return (Ann) | 7.70% | 13.25% |
| Sharpe Ratio | 0.82 | 2.82 |
| Sortino Ratio | 1.24 | 3.76 |
| Omega Ratio | 1.15 | 1.53 |
| Calmar Ratio | 0.35 | 4.05 |
| Martin Ratio | 2.53 | 18.33 |
| Ulcer Index | 5.81% | 1.86% |
| Daily Std Dev | 18.02% | 12.07% |
| Max Drawdown | -46.69% | -55.19% |
| Current Drawdown | -31.83% | -0.90% |
Correlation
The correlation between ETILX and SPY is 0.80, 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
ETILX vs. SPY - Performance Comparison
In the year-to-date period, ETILX achieves a 1.49% return, which is significantly lower than SPY's 26.01% return. Over the past 10 years, ETILX has underperformed SPY with an annualized return of 7.70%, while SPY has yielded a comparatively higher 13.25% 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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ETILX vs. SPY - Expense Ratio Comparison
ETILX has a 1.11% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ETILX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eventide Gilead Class I (ETILX) 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
ETILX vs. SPY - Dividend Comparison
ETILX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETILX Eventide Gilead Class I | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
ETILX vs. SPY - Drawdown Comparison
The maximum ETILX drawdown since its inception was -46.69%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ETILX and SPY. For additional features, visit the drawdowns tool.
Volatility
ETILX vs. SPY - Volatility Comparison
Eventide Gilead Class I (ETILX) has a higher volatility of 4.84% compared to SPDR S&P 500 ETF (SPY) at 3.84%. This indicates that ETILX'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.