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ISMD vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ISMDSPY
YTD Return7.41%21.73%
1Y Return25.01%34.38%
3Y Return (Ann)4.89%11.06%
5Y Return (Ann)10.81%16.18%
Sharpe Ratio1.282.84
Sortino Ratio1.893.79
Omega Ratio1.231.52
Calmar Ratio1.303.02
Martin Ratio6.9417.54
Ulcer Index3.63%2.01%
Daily Std Dev19.72%12.41%
Max Drawdown-43.58%-55.19%
Current Drawdown-3.60%-0.10%

Correlation

-0.50.00.51.00.7

The correlation between ISMD and SPY is 0.75, 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

ISMD vs. SPY - Performance Comparison

In the year-to-date period, ISMD achieves a 7.41% return, which is significantly lower than SPY's 21.73% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%MayJuneJulyAugustSeptemberOctober
4.87%
11.07%
ISMD
SPY

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ISMD vs. SPY - Expense Ratio Comparison

ISMD has a 0.57% expense ratio, which is higher than SPY's 0.09% expense ratio.


ISMD
Inspire Small/Mid Cap Impact ETF
Expense ratio chart for ISMD: current value at 0.57% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.57%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

ISMD vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire Small/Mid Cap Impact ETF (ISMD) 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.


ISMD
Sharpe ratio
The chart of Sharpe ratio for ISMD, currently valued at 1.28, compared to the broader market0.002.004.006.001.28
Sortino ratio
The chart of Sortino ratio for ISMD, currently valued at 1.89, compared to the broader market0.005.0010.001.89
Omega ratio
The chart of Omega ratio for ISMD, currently valued at 1.23, compared to the broader market1.001.502.002.503.001.23
Calmar ratio
The chart of Calmar ratio for ISMD, currently valued at 1.30, compared to the broader market0.005.0010.0015.001.30
Martin ratio
The chart of Martin ratio for ISMD, currently valued at 6.94, compared to the broader market0.0020.0040.0060.0080.00100.006.94
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 2.84, compared to the broader market0.002.004.006.002.84
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 3.79, compared to the broader market0.005.0010.003.79
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.52, compared to the broader market1.001.502.002.503.001.52
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 3.02, compared to the broader market0.005.0010.0015.003.02
Martin ratio
The chart of Martin ratio for SPY, currently valued at 17.54, compared to the broader market0.0020.0040.0060.0080.00100.0017.54

ISMD vs. SPY - Sharpe Ratio Comparison

The current ISMD Sharpe Ratio is 1.28, which is lower than the SPY Sharpe Ratio of 2.84. The chart below compares the historical Sharpe Ratios of ISMD and SPY, offering insights into how both instruments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00MayJuneJulyAugustSeptemberOctober
1.28
2.84
ISMD
SPY

Dividends

ISMD vs. SPY - Dividend Comparison

ISMD's dividend yield for the trailing twelve months is around 1.29%, more than SPY's 1.22% yield.


TTM20232022202120202019201820172016201520142013
ISMD
Inspire Small/Mid Cap Impact ETF
1.29%1.17%1.28%9.35%0.99%0.88%3.33%1.98%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.22%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

ISMD vs. SPY - Drawdown Comparison

The maximum ISMD drawdown since its inception was -43.58%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ISMD and SPY. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%MayJuneJulyAugustSeptemberOctober
-3.60%
-0.10%
ISMD
SPY

Volatility

ISMD vs. SPY - Volatility Comparison

Inspire Small/Mid Cap Impact ETF (ISMD) has a higher volatility of 4.77% compared to SPDR S&P 500 ETF (SPY) at 2.88%. This indicates that ISMD'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.


2.00%4.00%6.00%8.00%10.00%MayJuneJulyAugustSeptemberOctober
4.77%
2.88%
ISMD
SPY