GAMR vs. SPY
Compare and contrast key facts about Wedbush ETFMG Video Game Tech ETF (GAMR) and SPDR S&P 500 ETF (SPY).
GAMR and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GAMR is a passively managed fund by ETFMG that tracks the performance of the EEFund Video Game Tech Index. It was launched on Mar 8, 2016. 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 GAMR 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: GAMR or SPY.
Performance
GAMR vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, GAMR achieves a 9.79% return, which is significantly lower than SPY's 25.41% return.
GAMR
9.79%
1.67%
5.46%
14.92%
10.01%
N/A
SPY
25.41%
1.18%
12.15%
32.04%
15.51%
13.07%
Key characteristics
| GAMR | SPY | |
|---|---|---|
| Sharpe Ratio | 0.68 | 2.62 |
| Sortino Ratio | 1.07 | 3.50 |
| Omega Ratio | 1.13 | 1.49 |
| Calmar Ratio | 0.29 | 3.78 |
| Martin Ratio | 3.45 | 17.00 |
| Ulcer Index | 4.17% | 1.87% |
| Daily Std Dev | 21.18% | 12.14% |
| Max Drawdown | -54.16% | -55.19% |
| Current Drawdown | -39.30% | -1.38% |
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GAMR vs. SPY - Expense Ratio Comparison
GAMR has a 0.75% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between GAMR 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.
Risk-Adjusted Performance
GAMR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wedbush ETFMG Video Game Tech ETF (GAMR) 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
GAMR vs. SPY - Dividend Comparison
GAMR's dividend yield for the trailing twelve months is around 0.07%, less than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAMR Wedbush ETFMG Video Game Tech ETF | 0.07% | 0.03% | 0.00% | 2.69% | 0.92% | 1.56% | 1.56% | 0.46% | 1.89% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
GAMR vs. SPY - Drawdown Comparison
The maximum GAMR drawdown since its inception was -54.16%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GAMR and SPY. For additional features, visit the drawdowns tool.
Volatility
GAMR vs. SPY - Volatility Comparison
Wedbush ETFMG Video Game Tech ETF (GAMR) has a higher volatility of 7.45% compared to SPDR S&P 500 ETF (SPY) at 4.09%. This indicates that GAMR'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.