GLTR vs. SPY
Compare and contrast key facts about Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) and SPDR S&P 500 ETF (SPY).
GLTR and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLTR is a passively managed fund by Abrdn Plc that tracks the performance of the ETFS Physical Precious Metals Basket Index. It was launched on Oct 22, 2010. 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 GLTR 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: GLTR or SPY.
Performance
GLTR vs. SPY - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with GLTR having a 24.75% return and SPY slightly higher at 25.36%. Over the past 10 years, GLTR has underperformed SPY with an annualized return of 6.23%, while SPY has yielded a comparatively higher 13.07% annualized return.
GLTR
24.75%
-4.38%
4.15%
29.08%
9.28%
6.23%
SPY
25.36%
0.98%
11.79%
31.70%
15.55%
13.07%
Key characteristics
| GLTR | SPY | |
|---|---|---|
| Sharpe Ratio | 1.53 | 2.69 |
| Sortino Ratio | 2.13 | 3.59 |
| Omega Ratio | 1.26 | 1.50 |
| Calmar Ratio | 1.08 | 3.89 |
| Martin Ratio | 7.75 | 17.53 |
| Ulcer Index | 3.71% | 1.87% |
| Daily Std Dev | 18.78% | 12.15% |
| Max Drawdown | -55.70% | -55.19% |
| Current Drawdown | -6.74% | -1.41% |
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GLTR vs. SPY - Expense Ratio Comparison
GLTR has a 0.60% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between GLTR and SPY is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
GLTR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) 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
GLTR vs. SPY - Dividend Comparison
GLTR has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLTR Aberdeen Standard Physical Precious Metals Basket Shares ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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
GLTR vs. SPY - Drawdown Comparison
The maximum GLTR drawdown since its inception was -55.70%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GLTR and SPY. For additional features, visit the drawdowns tool.
Volatility
GLTR vs. SPY - Volatility Comparison
Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) has a higher volatility of 6.60% compared to SPDR S&P 500 ETF (SPY) at 4.09%. This indicates that GLTR'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.