GTR vs. SPY
Compare and contrast key facts about WisdomTree Target Range Fund (GTR) and SPDR S&P 500 ETF (SPY).
GTR and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GTR is an actively managed fund by WisdomTree. It was launched on Oct 5, 2021. 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: GTR or SPY.
Correlation
The correlation between GTR and SPY is 0.90, 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
GTR vs. SPY - Performance Comparison
Key characteristics
GTR:
0.96
SPY:
1.75
GTR:
1.32
SPY:
2.36
GTR:
1.19
SPY:
1.32
GTR:
0.99
SPY:
2.66
GTR:
5.01
SPY:
11.01
GTR:
2.03%
SPY:
2.03%
GTR:
10.60%
SPY:
12.77%
GTR:
-21.44%
SPY:
-55.19%
GTR:
-3.09%
SPY:
-2.12%
Returns By Period
In the year-to-date period, GTR achieves a 2.03% return, which is significantly lower than SPY's 2.36% return.
GTR
2.03%
0.44%
1.81%
9.15%
N/A
N/A
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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GTR vs. SPY - Expense Ratio Comparison
GTR has a 0.70% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
GTR vs. SPY — Risk-Adjusted Performance Rank
GTR
SPY
GTR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Target Range Fund (GTR) 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
GTR vs. SPY - Dividend Comparison
GTR's dividend yield for the trailing twelve months is around 5.19%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GTR WisdomTree Target Range Fund | 5.19% | 5.29% | 2.85% | 0.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GTR vs. SPY - Drawdown Comparison
The maximum GTR drawdown since its inception was -21.44%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GTR and SPY. For additional features, visit the drawdowns tool.
Volatility
GTR vs. SPY - Volatility Comparison
The current volatility for WisdomTree Target Range Fund (GTR) is 1.93%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.38%. This indicates that GTR experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.