FLDGX vs. SPY
Compare and contrast key facts about Meeder Dynamic Allocation Fund (FLDGX) and SPDR S&P 500 ETF (SPY).
FLDGX is managed by Meeder Funds. It was launched on Feb 28, 2000. 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: FLDGX or SPY.
Correlation
The correlation between FLDGX and SPY is 0.45, 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
FLDGX vs. SPY - Performance Comparison
Key characteristics
FLDGX:
0.19
SPY:
1.97
FLDGX:
0.33
SPY:
2.64
FLDGX:
1.06
SPY:
1.36
FLDGX:
0.20
SPY:
2.97
FLDGX:
0.55
SPY:
12.34
FLDGX:
6.15%
SPY:
2.03%
FLDGX:
17.39%
SPY:
12.68%
FLDGX:
-58.07%
SPY:
-55.19%
FLDGX:
-12.12%
SPY:
-0.01%
Returns By Period
In the year-to-date period, FLDGX achieves a 4.53% return, which is significantly higher than SPY's 4.03% return. Over the past 10 years, FLDGX has underperformed SPY with an annualized return of 3.92%, while SPY has yielded a comparatively higher 13.18% annualized return.
FLDGX
4.53%
2.40%
-7.70%
1.88%
3.66%
3.92%
SPY
4.03%
2.03%
9.65%
23.63%
14.28%
13.18%
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FLDGX vs. SPY - Expense Ratio Comparison
FLDGX has a 1.32% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FLDGX vs. SPY — Risk-Adjusted Performance Rank
FLDGX
SPY
FLDGX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Meeder Dynamic Allocation Fund (FLDGX) 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
FLDGX vs. SPY - Dividend Comparison
FLDGX's dividend yield for the trailing twelve months is around 1.28%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLDGX Meeder Dynamic Allocation Fund | 1.28% | 1.34% | 1.00% | 0.54% | 0.55% | 0.21% | 0.67% | 0.63% | 0.63% | 0.97% | 0.58% | 2.98% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FLDGX vs. SPY - Drawdown Comparison
The maximum FLDGX drawdown since its inception was -58.07%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FLDGX and SPY. For additional features, visit the drawdowns tool.
Volatility
FLDGX vs. SPY - Volatility Comparison
Meeder Dynamic Allocation Fund (FLDGX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.05% and 3.15%, 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.