FFTY vs. SPY
Compare and contrast key facts about Innovator IBD 50 ETF (FFTY) and SPDR S&P 500 ETF (SPY).
FFTY and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FFTY is a passively managed fund by Innovator that tracks the performance of the IBD 50 Index. It was launched on Apr 9, 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. Both FFTY and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFTY or SPY.
Correlation
The correlation between FFTY and SPY is 0.76, 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
FFTY vs. SPY - Performance Comparison
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Key characteristics
FFTY:
0.07
SPY:
0.50
FFTY:
0.37
SPY:
0.88
FFTY:
1.05
SPY:
1.13
FFTY:
0.07
SPY:
0.56
FFTY:
0.32
SPY:
2.17
FFTY:
11.22%
SPY:
4.85%
FFTY:
31.67%
SPY:
20.02%
FFTY:
-59.46%
SPY:
-55.19%
FFTY:
-44.61%
SPY:
-7.65%
Returns By Period
In the year-to-date period, FFTY achieves a -3.04% return, which is significantly higher than SPY's -3.42% return. Over the past 10 years, FFTY has underperformed SPY with an annualized return of 1.84%, while SPY has yielded a comparatively higher 12.35% annualized return.
FFTY
-3.04%
9.05%
-7.06%
2.22%
-1.63%
1.84%
SPY
-3.42%
2.87%
-5.06%
9.87%
15.76%
12.35%
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FFTY vs. SPY - Expense Ratio Comparison
FFTY has a 0.80% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FFTY vs. SPY — Risk-Adjusted Performance Rank
FFTY
SPY
FFTY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator IBD 50 ETF (FFTY) 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.
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Dividends
FFTY vs. SPY - Dividend Comparison
FFTY's dividend yield for the trailing twelve months is around 0.93%, less than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFTY Innovator IBD 50 ETF | 0.93% | 0.91% | 0.64% | 2.75% | 0.22% | 0.00% | 0.00% | 0.00% | 0.17% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FFTY vs. SPY - Drawdown Comparison
The maximum FFTY drawdown since its inception was -59.46%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FFTY and SPY. For additional features, visit the drawdowns tool.
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Volatility
FFTY vs. SPY - Volatility Comparison
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