GMLGX vs. SPY
Compare and contrast key facts about GuideMark Large Cap Core Fund (GMLGX) and SPDR S&P 500 ETF (SPY).
GMLGX is managed by GuideMark. It was launched on Jun 29, 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: GMLGX or SPY.
Correlation
The correlation between GMLGX and SPY is 0.95, 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
GMLGX vs. SPY - Performance Comparison
Key characteristics
GMLGX:
1.26
SPY:
1.97
GMLGX:
1.69
SPY:
2.64
GMLGX:
1.24
SPY:
1.36
GMLGX:
2.01
SPY:
2.97
GMLGX:
5.87
SPY:
12.34
GMLGX:
3.08%
SPY:
2.03%
GMLGX:
14.40%
SPY:
12.68%
GMLGX:
-56.56%
SPY:
-55.19%
GMLGX:
-4.20%
SPY:
-0.01%
Returns By Period
The year-to-date returns for both investments are quite close, with GMLGX having a 3.85% return and SPY slightly higher at 4.03%. Over the past 10 years, GMLGX has underperformed SPY with an annualized return of 8.90%, while SPY has yielded a comparatively higher 13.22% annualized return.
GMLGX
3.85%
2.37%
6.29%
15.91%
10.25%
8.90%
SPY
4.03%
2.85%
10.70%
23.01%
14.30%
13.22%
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GMLGX vs. SPY - Expense Ratio Comparison
GMLGX has a 0.89% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
GMLGX vs. SPY — Risk-Adjusted Performance Rank
GMLGX
SPY
GMLGX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GuideMark Large Cap Core Fund (GMLGX) 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
GMLGX vs. SPY - Dividend Comparison
GMLGX's dividend yield for the trailing twelve months is around 0.37%, less than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GMLGX GuideMark Large Cap Core Fund | 0.37% | 0.38% | 0.71% | 0.72% | 0.40% | 0.38% | 0.10% | 0.46% | 0.47% | 0.70% | 0.33% | 0.20% |
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
GMLGX vs. SPY - Drawdown Comparison
The maximum GMLGX drawdown since its inception was -56.56%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GMLGX and SPY. For additional features, visit the drawdowns tool.
Volatility
GMLGX vs. SPY - Volatility Comparison
GuideMark Large Cap Core Fund (GMLGX) has a higher volatility of 3.43% compared to SPDR S&P 500 ETF (SPY) at 3.15%. This indicates that GMLGX'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.