FMUEX vs. SPY
Compare and contrast key facts about RBB Free Market U.S. Equity Fund (FMUEX) and SPDR S&P 500 ETF (SPY).
FMUEX is managed by RBB Funds. It was launched on Dec 31, 2007. 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: FMUEX or SPY.
Correlation
The correlation between FMUEX and SPY is 0.88, 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
FMUEX vs. SPY - Performance Comparison
Key characteristics
FMUEX:
0.71
SPY:
1.87
FMUEX:
1.09
SPY:
2.52
FMUEX:
1.14
SPY:
1.35
FMUEX:
0.99
SPY:
2.81
FMUEX:
2.75
SPY:
11.69
FMUEX:
4.02%
SPY:
2.02%
FMUEX:
15.57%
SPY:
12.65%
FMUEX:
-57.48%
SPY:
-55.19%
FMUEX:
-6.60%
SPY:
0.00%
Returns By Period
In the year-to-date period, FMUEX achieves a 3.60% return, which is significantly lower than SPY's 4.58% return. Over the past 10 years, FMUEX has underperformed SPY with an annualized return of 4.82%, while SPY has yielded a comparatively higher 13.23% annualized return.
FMUEX
3.60%
0.65%
3.65%
12.75%
7.99%
4.82%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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FMUEX vs. SPY - Expense Ratio Comparison
FMUEX has a 0.78% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FMUEX vs. SPY — Risk-Adjusted Performance Rank
FMUEX
SPY
FMUEX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RBB Free Market U.S. Equity Fund (FMUEX) 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
FMUEX vs. SPY - Dividend Comparison
FMUEX's dividend yield for the trailing twelve months is around 1.02%, less than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMUEX RBB Free Market U.S. Equity Fund | 1.02% | 1.06% | 1.14% | 1.08% | 1.72% | 0.45% | 0.87% | 0.99% | 1.05% | 0.87% | 1.00% | 0.66% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FMUEX vs. SPY - Drawdown Comparison
The maximum FMUEX drawdown since its inception was -57.48%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FMUEX and SPY. For additional features, visit the drawdowns tool.
Volatility
FMUEX vs. SPY - Volatility Comparison
RBB Free Market U.S. Equity Fund (FMUEX) has a higher volatility of 3.21% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that FMUEX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.