FIXT vs. SPLG
Compare and contrast key facts about Procure Disaster Recovery Strategy ETF (FIXT) and SPDR Portfolio S&P 500 ETF (SPLG).
FIXT and SPLG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FIXT is a passively managed fund by Procure that tracks the performance of the VettaFi Natural Disaster Response and Mitigation Index. It was launched on May 31, 2022. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005. Both FIXT and SPLG 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: FIXT or SPLG.
Correlation
The correlation between FIXT and SPLG is 0.72, 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
FIXT vs. SPLG - Performance Comparison
Key characteristics
Returns By Period
FIXT
N/A
N/A
N/A
N/A
N/A
N/A
SPLG
2.96%
3.76%
11.71%
23.74%
14.16%
13.22%
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FIXT vs. SPLG - Expense Ratio Comparison
FIXT has a 0.75% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
FIXT vs. SPLG — Risk-Adjusted Performance Rank
FIXT
SPLG
FIXT vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Procure Disaster Recovery Strategy ETF (FIXT) and SPDR Portfolio S&P 500 ETF (SPLG). 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
FIXT vs. SPLG - Dividend Comparison
FIXT has not paid dividends to shareholders, while SPLG's dividend yield for the trailing twelve months is around 1.24%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIXT Procure Disaster Recovery Strategy ETF | 0.93% | 0.93% | 0.33% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPLG SPDR Portfolio S&P 500 ETF | 1.24% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
FIXT vs. SPLG - Drawdown Comparison
Volatility
FIXT vs. SPLG - Volatility Comparison
The current volatility for Procure Disaster Recovery Strategy ETF (FIXT) is 0.00%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 3.42%. This indicates that FIXT experiences smaller price fluctuations and is considered to be less risky than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.