Correlation
The correlation between FISR and SPHY is 0.14, 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.
FISR vs. SPHY
Compare and contrast key facts about SPDR SSGA Fixed Income Sector Rotation ETF (FISR) and SPDR Portfolio High Yield Bond ETF (SPHY).
FISR and SPHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FISR is an actively managed fund by State Street. It was launched on Apr 2, 2019. SPHY is a passively managed fund by State Street that tracks the performance of the ICE BofAML US High Yield Index. It was launched on Jun 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FISR or SPHY.
Performance
FISR vs. SPHY - Performance Comparison
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Key characteristics
FISR:
0.88
SPHY:
1.70
FISR:
1.26
SPHY:
2.48
FISR:
1.15
SPHY:
1.37
FISR:
0.34
SPHY:
1.97
FISR:
2.16
SPHY:
10.39
FISR:
2.35%
SPHY:
0.92%
FISR:
5.73%
SPHY:
5.64%
FISR:
-20.27%
SPHY:
-21.97%
FISR:
-10.37%
SPHY:
0.00%
Returns By Period
In the year-to-date period, FISR achieves a 1.76% return, which is significantly lower than SPHY's 2.69% return.
FISR
1.76%
-1.09%
0.15%
5.03%
0.75%
-1.65%
N/A
SPHY
2.69%
1.71%
1.97%
9.50%
6.63%
6.00%
4.72%
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FISR vs. SPHY - Expense Ratio Comparison
FISR has a 0.50% expense ratio, which is higher than SPHY's 0.10% expense ratio.
Risk-Adjusted Performance
FISR vs. SPHY — Risk-Adjusted Performance Rank
FISR
SPHY
FISR vs. SPHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR SSGA Fixed Income Sector Rotation ETF (FISR) and SPDR Portfolio High Yield Bond ETF (SPHY). 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
FISR vs. SPHY - Dividend Comparison
FISR's dividend yield for the trailing twelve months is around 3.76%, less than SPHY's 7.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FISR SPDR SSGA Fixed Income Sector Rotation ETF | 3.76% | 3.59% | 3.50% | 2.19% | 1.87% | 2.47% | 2.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHY SPDR Portfolio High Yield Bond ETF | 7.66% | 7.80% | 7.30% | 6.47% | 5.14% | 5.63% | 5.73% | 4.09% | 4.41% | 4.27% | 4.29% | 3.98% |
Drawdowns
FISR vs. SPHY - Drawdown Comparison
The maximum FISR drawdown since its inception was -20.27%, smaller than the maximum SPHY drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for FISR and SPHY.
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Volatility
FISR vs. SPHY - Volatility Comparison
SPDR SSGA Fixed Income Sector Rotation ETF (FISR) has a higher volatility of 1.79% compared to SPDR Portfolio High Yield Bond ETF (SPHY) at 1.47%. This indicates that FISR's price experiences larger fluctuations and is considered to be riskier than SPHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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