FRDM vs. SPY
Compare and contrast key facts about Freedom 100 Emerging Markets ETF (FRDM) and SPDR S&P 500 ETF (SPY).
FRDM and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FRDM is a passively managed fund by Freedom Funds that tracks the performance of the Life + Liberty Freedom 100 Emerging Markets Index. It was launched on May 22, 2019. 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 FRDM 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: FRDM or SPY.
Correlation
The correlation between FRDM and SPY is 0.68, 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
FRDM vs. SPY - Performance Comparison
Key characteristics
FRDM:
0.87
SPY:
1.88
FRDM:
1.28
SPY:
2.53
FRDM:
1.16
SPY:
1.35
FRDM:
1.16
SPY:
2.83
FRDM:
2.87
SPY:
11.74
FRDM:
5.56%
SPY:
2.02%
FRDM:
18.37%
SPY:
12.64%
FRDM:
-40.49%
SPY:
-55.19%
FRDM:
-2.47%
SPY:
-0.42%
Returns By Period
In the year-to-date period, FRDM achieves a 10.10% return, which is significantly higher than SPY's 4.15% return.
FRDM
10.10%
4.65%
2.71%
15.27%
8.86%
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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FRDM vs. SPY - Expense Ratio Comparison
FRDM has a 0.49% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FRDM vs. SPY — Risk-Adjusted Performance Rank
FRDM
SPY
FRDM vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Freedom 100 Emerging Markets ETF (FRDM) 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
FRDM vs. SPY - Dividend Comparison
FRDM's dividend yield for the trailing twelve months is around 2.30%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRDM Freedom 100 Emerging Markets ETF | 2.30% | 2.54% | 2.66% | 2.72% | 2.17% | 1.11% | 1.07% | 0.00% | 0.00% | 0.00% | 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
FRDM vs. SPY - Drawdown Comparison
The maximum FRDM drawdown since its inception was -40.49%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FRDM and SPY. For additional features, visit the drawdowns tool.
Volatility
FRDM vs. SPY - Volatility Comparison
Freedom 100 Emerging Markets ETF (FRDM) has a higher volatility of 5.26% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that FRDM'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.