INIVX vs. SPY
Compare and contrast key facts about VanEck International Investors Gold Fund (INIVX) and SPDR S&P 500 ETF (SPY).
INIVX is managed by VanEck. It was launched on Feb 9, 1956. 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: INIVX or SPY.
Correlation
The correlation between INIVX and SPY is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
INIVX vs. SPY - Performance Comparison
Key characteristics
INIVX:
1.09
SPY:
1.88
INIVX:
1.59
SPY:
2.51
INIVX:
1.19
SPY:
1.35
INIVX:
0.54
SPY:
2.83
INIVX:
3.88
SPY:
11.89
INIVX:
7.84%
SPY:
2.00%
INIVX:
27.77%
SPY:
12.69%
INIVX:
-80.01%
SPY:
-55.19%
INIVX:
-35.60%
SPY:
-3.89%
Returns By Period
In the year-to-date period, INIVX achieves a 7.02% return, which is significantly higher than SPY's -0.66% return. Over the past 10 years, INIVX has underperformed SPY with an annualized return of 5.97%, while SPY has yielded a comparatively higher 13.18% annualized return.
INIVX
7.02%
0.61%
-0.57%
27.23%
7.36%
5.97%
SPY
-0.66%
-3.32%
3.73%
23.70%
13.73%
13.18%
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INIVX vs. SPY - Expense Ratio Comparison
INIVX has a 1.42% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
INIVX vs. SPY — Risk-Adjusted Performance Rank
INIVX
SPY
INIVX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck International Investors Gold Fund (INIVX) 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
INIVX vs. SPY - Dividend Comparison
INIVX's dividend yield for the trailing twelve months is around 6.96%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INIVX VanEck International Investors Gold Fund | 6.96% | 7.45% | 0.10% | 0.00% | 6.40% | 11.70% | 3.66% | 2.86% | 3.76% | 6.40% | 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
INIVX vs. SPY - Drawdown Comparison
The maximum INIVX drawdown since its inception was -80.01%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for INIVX and SPY. For additional features, visit the drawdowns tool.
Volatility
INIVX vs. SPY - Volatility Comparison
VanEck International Investors Gold Fund (INIVX) has a higher volatility of 8.58% compared to SPDR S&P 500 ETF (SPY) at 4.61%. This indicates that INIVX'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.