FMIHX vs. SPY
Compare and contrast key facts about FMI Large Cap Fund (FMIHX) and SPDR S&P 500 ETF (SPY).
FMIHX is managed by FMI Funds. It was launched on Dec 31, 2001. 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: FMIHX or SPY.
Correlation
The correlation between FMIHX and SPY is 0.90, 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
FMIHX vs. SPY - Performance Comparison
Key characteristics
FMIHX:
0.05
SPY:
1.91
FMIHX:
0.16
SPY:
2.57
FMIHX:
1.03
SPY:
1.35
FMIHX:
0.02
SPY:
2.88
FMIHX:
0.12
SPY:
11.96
FMIHX:
6.49%
SPY:
2.03%
FMIHX:
15.65%
SPY:
12.68%
FMIHX:
-49.20%
SPY:
-55.19%
FMIHX:
-30.83%
SPY:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with FMIHX having a 4.47% return and SPY slightly lower at 4.34%. Over the past 10 years, FMIHX has underperformed SPY with an annualized return of -2.62%, while SPY has yielded a comparatively higher 13.21% annualized return.
FMIHX
4.47%
2.08%
-8.18%
0.47%
-4.50%
-2.62%
SPY
4.34%
2.33%
10.15%
23.99%
14.44%
13.21%
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FMIHX vs. SPY - Expense Ratio Comparison
FMIHX has a 0.82% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FMIHX vs. SPY — Risk-Adjusted Performance Rank
FMIHX
SPY
FMIHX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FMI Large Cap Fund (FMIHX) 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
FMIHX vs. SPY - Dividend Comparison
FMIHX's dividend yield for the trailing twelve months is around 0.57%, less than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMIHX FMI Large Cap Fund | 0.57% | 0.60% | 0.95% | 0.84% | 0.80% | 1.56% | 0.86% | 1.65% | 0.79% | 1.16% | 1.12% | 11.37% |
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
FMIHX vs. SPY - Drawdown Comparison
The maximum FMIHX drawdown since its inception was -49.20%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FMIHX and SPY. For additional features, visit the drawdowns tool.
Volatility
FMIHX vs. SPY - Volatility Comparison
FMI Large Cap Fund (FMIHX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.20% and 3.13%, 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.