IGRO vs. SPY
Compare and contrast key facts about iShares International Dividend Growth ETF (IGRO) and SPDR S&P 500 ETF (SPY).
IGRO and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGRO is a passively managed fund by iShares that tracks the performance of the Morningstar Global ex-US Dividend Growth Index. It was launched on May 17, 2016. 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. Both IGRO and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGRO or SPY.
Correlation
The correlation between IGRO and SPY is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IGRO vs. SPY - Performance Comparison
Key characteristics
IGRO:
0.98
SPY:
1.87
IGRO:
1.39
SPY:
2.52
IGRO:
1.17
SPY:
1.35
IGRO:
1.11
SPY:
2.81
IGRO:
2.81
SPY:
11.69
IGRO:
4.22%
SPY:
2.02%
IGRO:
12.16%
SPY:
12.65%
IGRO:
-36.25%
SPY:
-55.19%
IGRO:
-4.99%
SPY:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with IGRO having a 4.71% return and SPY slightly lower at 4.58%.
IGRO
4.71%
4.34%
0.03%
11.03%
6.42%
N/A
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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IGRO vs. SPY - Expense Ratio Comparison
IGRO has a 0.22% expense ratio, which is higher than SPY's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
IGRO vs. SPY — Risk-Adjusted Performance Rank
IGRO
SPY
IGRO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares International Dividend Growth ETF (IGRO) 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
IGRO vs. SPY - Dividend Comparison
IGRO's dividend yield for the trailing twelve months is around 2.33%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGRO iShares International Dividend Growth ETF | 2.33% | 2.44% | 2.79% | 2.69% | 2.27% | 2.41% | 2.65% | 2.97% | 2.43% | 1.18% | 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
IGRO vs. SPY - Drawdown Comparison
The maximum IGRO drawdown since its inception was -36.25%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IGRO and SPY. For additional features, visit the drawdowns tool.
Volatility
IGRO vs. SPY - Volatility Comparison
iShares International Dividend Growth ETF (IGRO) has a higher volatility of 3.67% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that IGRO'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.