FM vs. SPY
Compare and contrast key facts about iShares MSCI Frontier 100 ETF (FM) and SPDR S&P 500 ETF (SPY).
FM and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FM is a passively managed fund by iShares that tracks the performance of the MSCI Frontier Markets 100 Index. It was launched on Sep 12, 2012. 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. Both FM and SPY 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: FM or SPY.
Correlation
The correlation between FM and SPY is 0.42, 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
FM vs. SPY - Performance Comparison
Key characteristics
Returns By Period
FM
N/A
N/A
N/A
N/A
N/A
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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FM vs. SPY - Expense Ratio Comparison
FM has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FM vs. SPY — Risk-Adjusted Performance Rank
FM
SPY
FM vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Frontier 100 ETF (FM) 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
FM vs. SPY - Dividend Comparison
FM has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FM iShares MSCI Frontier 100 ETF | 3.95% | 3.95% | 0.81% | 0.92% | 1.19% | 2.91% | 1.99% | 3.94% | 0.87% | 4.89% | 0.00% | 0.00% |
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
FM vs. SPY - Drawdown Comparison
Volatility
FM vs. SPY - Volatility Comparison
The current volatility for iShares MSCI Frontier 100 ETF (FM) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.93%. This indicates that FM experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.