IPSAX vs. SPYG
Compare and contrast key facts about IPS Strategic Capital Absolute Return Fund (IPSAX) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
IPSAX is managed by WP Trust. It was launched on Apr 14, 2016. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IPSAX or SPYG.
Correlation
The correlation between IPSAX and SPYG is 0.76, 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
IPSAX vs. SPYG - Performance Comparison
Key characteristics
IPSAX:
0.09
SPYG:
1.75
IPSAX:
0.19
SPYG:
2.30
IPSAX:
1.04
SPYG:
1.32
IPSAX:
0.09
SPYG:
2.48
IPSAX:
0.26
SPYG:
9.51
IPSAX:
5.04%
SPYG:
3.32%
IPSAX:
14.63%
SPYG:
18.04%
IPSAX:
-28.49%
SPYG:
-67.79%
IPSAX:
-12.49%
SPYG:
0.00%
Returns By Period
In the year-to-date period, IPSAX achieves a 2.17% return, which is significantly lower than SPYG's 5.11% return.
IPSAX
2.17%
1.21%
-7.25%
2.19%
0.57%
N/A
SPYG
5.11%
2.78%
13.80%
33.79%
16.83%
15.34%
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IPSAX vs. SPYG - Expense Ratio Comparison
IPSAX has a 1.50% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Risk-Adjusted Performance
IPSAX vs. SPYG — Risk-Adjusted Performance Rank
IPSAX
SPYG
IPSAX vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IPS Strategic Capital Absolute Return Fund (IPSAX) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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
IPSAX vs. SPYG - Dividend Comparison
IPSAX's dividend yield for the trailing twelve months is around 0.03%, less than SPYG's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPSAX IPS Strategic Capital Absolute Return Fund | 0.03% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.57% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% |
Drawdowns
IPSAX vs. SPYG - Drawdown Comparison
The maximum IPSAX drawdown since its inception was -28.49%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for IPSAX and SPYG. For additional features, visit the drawdowns tool.
Volatility
IPSAX vs. SPYG - Volatility Comparison
The current volatility for IPS Strategic Capital Absolute Return Fund (IPSAX) is 1.84%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.40%. This indicates that IPSAX experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.