GVALX vs. SPY
Compare and contrast key facts about Gotham Large Value Fund (GVALX) and SPDR S&P 500 ETF (SPY).
GVALX is managed by Gotham. It was launched on Dec 31, 2015. 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: GVALX or SPY.
Correlation
The correlation between GVALX and SPY is 0.88, 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
GVALX vs. SPY - Performance Comparison
Key characteristics
GVALX:
0.43
SPY:
1.87
GVALX:
0.59
SPY:
2.52
GVALX:
1.11
SPY:
1.35
GVALX:
0.31
SPY:
2.81
GVALX:
1.14
SPY:
11.69
GVALX:
5.55%
SPY:
2.02%
GVALX:
14.71%
SPY:
12.65%
GVALX:
-38.56%
SPY:
-55.19%
GVALX:
-14.64%
SPY:
0.00%
Returns By Period
In the year-to-date period, GVALX achieves a 5.94% return, which is significantly higher than SPY's 4.58% return.
GVALX
5.94%
2.45%
-2.01%
6.86%
2.27%
N/A
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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GVALX vs. SPY - Expense Ratio Comparison
GVALX has a 1.05% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
GVALX vs. SPY — Risk-Adjusted Performance Rank
GVALX
SPY
GVALX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gotham Large Value Fund (GVALX) 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
GVALX vs. SPY - Dividend Comparison
GVALX's dividend yield for the trailing twelve months is around 1.68%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GVALX Gotham Large Value Fund | 1.68% | 1.78% | 1.64% | 1.04% | 1.59% | 1.61% | 1.61% | 0.13% | 2.33% | 2.37% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GVALX vs. SPY - Drawdown Comparison
The maximum GVALX drawdown since its inception was -38.56%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GVALX and SPY. For additional features, visit the drawdowns tool.
Volatility
GVALX vs. SPY - Volatility Comparison
The current volatility for Gotham Large Value Fund (GVALX) is 2.65%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.00%. This indicates that GVALX 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.