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.
Key characteristics
| FIG | SPY | |
|---|---|---|
| YTD Return | -3.75% | 26.49% |
| 1Y Return | -1.19% | 38.06% |
| Sharpe Ratio | -0.04 | 3.11 |
| Sortino Ratio | 0.03 | 4.14 |
| Omega Ratio | 1.01 | 1.58 |
| Calmar Ratio | -0.04 | 4.54 |
| Martin Ratio | -0.09 | 20.57 |
| Ulcer Index | 5.88% | 1.86% |
| Daily Std Dev | 12.84% | 12.29% |
| Max Drawdown | -13.88% | -55.19% |
| Current Drawdown | -7.15% | 0.00% |
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
In the year-to-date period, FIG achieves a -3.75% return, which is significantly lower than SPY's 26.49% 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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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 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 2.68%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIG Simplify Macro Strategy ETF | 2.68% | 4.29% | 3.51% | 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
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) has a higher volatility of 4.43% compared to SPDR S&P 500 ETF (SPY) at 3.95%. This indicates that FIG'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.