ETIMX vs. SPY
Compare and contrast key facts about Eventide Multi-Asset Income Fund (ETIMX) and SPDR S&P 500 ETF (SPY).
ETIMX is managed by Eventide Funds. It was launched on Jul 14, 2015. 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: ETIMX or SPY.
Correlation
The correlation between ETIMX and SPY is 0.82, 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
ETIMX vs. SPY - Performance Comparison
Key characteristics
ETIMX:
1.59
SPY:
2.03
ETIMX:
2.27
SPY:
2.71
ETIMX:
1.27
SPY:
1.38
ETIMX:
1.13
SPY:
3.09
ETIMX:
6.92
SPY:
12.94
ETIMX:
1.93%
SPY:
2.01%
ETIMX:
8.35%
SPY:
12.78%
ETIMX:
-23.88%
SPY:
-55.19%
ETIMX:
-3.62%
SPY:
-2.14%
Returns By Period
In the year-to-date period, ETIMX achieves a 2.18% return, which is significantly higher than SPY's 1.14% return.
ETIMX
2.18%
-0.45%
3.67%
13.66%
6.54%
N/A
SPY
1.14%
-1.98%
7.12%
26.42%
14.07%
13.38%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ETIMX vs. SPY - Expense Ratio Comparison
ETIMX has a 0.82% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ETIMX vs. SPY — Risk-Adjusted Performance Rank
ETIMX
SPY
ETIMX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eventide Multi-Asset Income Fund (ETIMX) 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
ETIMX vs. SPY - Dividend Comparison
ETIMX's dividend yield for the trailing twelve months is around 1.83%, more than SPY's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETIMX Eventide Multi-Asset Income Fund | 1.83% | 1.87% | 1.62% | 1.95% | 1.54% | 1.88% | 2.91% | 3.94% | 3.02% | 2.38% | 0.46% | 0.00% |
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
ETIMX vs. SPY - Drawdown Comparison
The maximum ETIMX drawdown since its inception was -23.88%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ETIMX and SPY. For additional features, visit the drawdowns tool.
Volatility
ETIMX vs. SPY - Volatility Comparison
The current volatility for Eventide Multi-Asset Income Fund (ETIMX) is 3.03%, while SPDR S&P 500 ETF (SPY) has a volatility of 5.01%. This indicates that ETIMX 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.