FCFAX vs. SPY
Compare and contrast key facts about Frost Credit Fund (FCFAX) and SPDR S&P 500 ETF (SPY).
FCFAX is managed by Frost Funds. It was launched on Dec 3, 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: FCFAX or SPY.
Key characteristics
| FCFAX | SPY | |
|---|---|---|
| YTD Return | 7.93% | 27.16% |
| 1Y Return | 12.84% | 37.73% |
| 3Y Return (Ann) | 3.52% | 10.28% |
| 5Y Return (Ann) | 4.58% | 15.97% |
| 10Y Return (Ann) | 4.15% | 13.38% |
| Sharpe Ratio | 5.07 | 3.25 |
| Sortino Ratio | 8.68 | 4.32 |
| Omega Ratio | 2.22 | 1.61 |
| Calmar Ratio | 6.74 | 4.74 |
| Martin Ratio | 43.94 | 21.51 |
| Ulcer Index | 0.30% | 1.85% |
| Daily Std Dev | 2.56% | 12.20% |
| Max Drawdown | -16.33% | -55.19% |
| Current Drawdown | -0.25% | 0.00% |
Correlation
The correlation between FCFAX and SPY is 0.16, 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
FCFAX vs. SPY - Performance Comparison
In the year-to-date period, FCFAX achieves a 7.93% return, which is significantly lower than SPY's 27.16% return. Over the past 10 years, FCFAX has underperformed SPY with an annualized return of 4.15%, while SPY has yielded a comparatively higher 13.38% 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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FCFAX vs. SPY - Expense Ratio Comparison
FCFAX has a 0.96% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FCFAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Frost Credit Fund (FCFAX) 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
FCFAX vs. SPY - Dividend Comparison
FCFAX's dividend yield for the trailing twelve months is around 5.79%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCFAX Frost Credit Fund | 5.79% | 5.95% | 4.99% | 3.64% | 3.70% | 4.63% | 4.68% | 4.60% | 4.85% | 4.96% | 4.56% | 3.81% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
FCFAX vs. SPY - Drawdown Comparison
The maximum FCFAX drawdown since its inception was -16.33%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FCFAX and SPY. For additional features, visit the drawdowns tool.
Volatility
FCFAX vs. SPY - Volatility Comparison
The current volatility for Frost Credit Fund (FCFAX) is 0.78%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.92%. This indicates that FCFAX 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.