GSPY vs. BIL
Compare and contrast key facts about Gotham Enhanced 500 ETF (GSPY) and SPDR Barclays 1-3 Month T-Bill ETF (BIL).
GSPY and BIL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSPY is an actively managed fund by Gotham. It was launched on Dec 28, 2020. BIL is a passively managed fund by State Street that tracks the performance of the Barclays Capital U.S. 1-3 Month Treasury Bill Index. It was launched on May 25, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSPY or BIL.
Correlation
The correlation between GSPY and BIL is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
GSPY vs. BIL - Performance Comparison
Key characteristics
GSPY:
1.72
BIL:
20.51
GSPY:
2.34
BIL:
261.47
GSPY:
1.31
BIL:
151.96
GSPY:
2.68
BIL:
461.91
GSPY:
10.96
BIL:
4,254.33
GSPY:
1.94%
BIL:
0.00%
GSPY:
12.43%
BIL:
0.25%
GSPY:
-23.30%
BIL:
-0.77%
GSPY:
-1.12%
BIL:
0.00%
Returns By Period
In the year-to-date period, GSPY achieves a 3.12% return, which is significantly higher than BIL's 0.47% return.
GSPY
3.12%
3.55%
11.56%
23.06%
N/A
N/A
BIL
0.47%
0.33%
2.33%
5.05%
2.41%
1.67%
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GSPY vs. BIL - Expense Ratio Comparison
GSPY has a 0.50% expense ratio, which is higher than BIL's 0.14% expense ratio.
Risk-Adjusted Performance
GSPY vs. BIL — Risk-Adjusted Performance Rank
GSPY
BIL
GSPY vs. BIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gotham Enhanced 500 ETF (GSPY) and SPDR Barclays 1-3 Month T-Bill ETF (BIL). 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
GSPY vs. BIL - Dividend Comparison
GSPY's dividend yield for the trailing twelve months is around 0.82%, less than BIL's 4.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSPY Gotham Enhanced 500 ETF | 0.82% | 0.84% | 1.06% | 1.25% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.93% | 5.03% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% |
Drawdowns
GSPY vs. BIL - Drawdown Comparison
The maximum GSPY drawdown since its inception was -23.30%, which is greater than BIL's maximum drawdown of -0.77%. Use the drawdown chart below to compare losses from any high point for GSPY and BIL. For additional features, visit the drawdowns tool.
Volatility
GSPY vs. BIL - Volatility Comparison
Gotham Enhanced 500 ETF (GSPY) has a higher volatility of 3.39% compared to SPDR Barclays 1-3 Month T-Bill ETF (BIL) at 0.07%. This indicates that GSPY's price experiences larger fluctuations and is considered to be riskier than BIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.