Correlation
The correlation between GVLU and SPY is 0.78, 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.
GVLU vs. SPY
Compare and contrast key facts about Gotham 1000 Value ETF (GVLU) and SPDR S&P 500 ETF (SPY).
GVLU and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GVLU is an actively managed fund by Gotham. It was launched on Jun 7, 2022. 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: GVLU or SPY.
Performance
GVLU vs. SPY - Performance Comparison
Loading data...
Key characteristics
GVLU:
0.24
SPY:
0.67
GVLU:
0.39
SPY:
1.03
GVLU:
1.05
SPY:
1.15
GVLU:
0.16
SPY:
0.69
GVLU:
0.56
SPY:
2.61
GVLU:
6.10%
SPY:
4.92%
GVLU:
20.01%
SPY:
20.44%
GVLU:
-20.82%
SPY:
-55.19%
GVLU:
-6.96%
SPY:
-3.44%
Returns By Period
In the year-to-date period, GVLU achieves a -0.42% return, which is significantly lower than SPY's 0.98% return.
GVLU
-0.42%
5.67%
-6.63%
4.79%
N/A
N/A
N/A
SPY
0.98%
6.45%
-0.84%
13.58%
14.08%
15.83%
12.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GVLU vs. SPY - Expense Ratio Comparison
GVLU has a 0.51% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
GVLU vs. SPY — Risk-Adjusted Performance Rank
GVLU
SPY
GVLU vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gotham 1000 Value ETF (GVLU) 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.
Loading data...
Dividends
GVLU vs. SPY - Dividend Comparison
GVLU's dividend yield for the trailing twelve months is around 2.89%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GVLU Gotham 1000 Value ETF | 2.89% | 2.88% | 1.62% | 0.98% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GVLU vs. SPY - Drawdown Comparison
The maximum GVLU drawdown since its inception was -20.82%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GVLU and SPY.
Loading data...
Volatility
GVLU vs. SPY - Volatility Comparison
Gotham 1000 Value ETF (GVLU) has a higher volatility of 5.36% compared to SPDR S&P 500 ETF (SPY) at 4.85%. This indicates that GVLU'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.
Loading data...