FIG vs. SPY
Compare and contrast key facts about Simplify Macro Strategy ETF (FIG) and SPDR S&P 500 ETF (SPY).
FIG and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FIG is an actively managed fund by Simplify. It was launched on May 16, 2022. 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: FIG or SPY.
Correlation
The correlation between FIG and SPY is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FIG vs. SPY - Performance Comparison
Key characteristics
FIG:
-0.10
SPY:
1.81
FIG:
-0.04
SPY:
2.43
FIG:
0.99
SPY:
1.33
FIG:
-0.10
SPY:
2.73
FIG:
-0.22
SPY:
11.35
FIG:
6.39%
SPY:
2.03%
FIG:
14.17%
SPY:
12.77%
FIG:
-13.88%
SPY:
-55.19%
FIG:
-4.81%
SPY:
-0.80%
Returns By Period
In the year-to-date period, FIG achieves a 6.42% return, which is significantly higher than SPY's 3.20% return.
FIG
6.42%
4.72%
6.54%
-1.03%
N/A
N/A
SPY
3.20%
4.20%
14.15%
22.23%
14.16%
13.17%
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FIG vs. SPY - Expense Ratio Comparison
FIG has a 1.00% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FIG vs. SPY — Risk-Adjusted Performance Rank
FIG
SPY
FIG vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Macro Strategy ETF (FIG) 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
FIG vs. SPY - Dividend Comparison
FIG's dividend yield for the trailing twelve months is around 2.85%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIG Simplify Macro Strategy ETF | 2.85% | 3.03% | 4.29% | 3.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FIG vs. SPY - Drawdown Comparison
The maximum FIG drawdown since its inception was -13.88%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FIG and SPY. For additional features, visit the drawdowns tool.
Volatility
FIG vs. SPY - Volatility Comparison
Simplify Macro Strategy ETF (FIG) and SPDR S&P 500 ETF (SPY) have volatilities of 3.80% and 3.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.