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ISPY vs. SPYI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ISPYSPYI
YTD Return9.36%7.92%
Daily Std Dev10.39%8.46%
Max Drawdown-4.89%-10.19%
Current Drawdown-0.14%0.00%

Correlation

-0.50.00.51.00.9

The correlation between ISPY and SPYI is 0.91, 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

ISPY vs. SPYI - Performance Comparison

In the year-to-date period, ISPY achieves a 9.36% return, which is significantly higher than SPYI's 7.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%2024FebruaryMarchAprilMay
11.17%
8.62%
ISPY
SPYI

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ProShares S&P 500 High Income ETF

NEOS S&P 500 High Income ETF

ISPY vs. SPYI - Expense Ratio Comparison

ISPY has a 0.55% expense ratio, which is lower than SPYI's 0.68% expense ratio.


SPYI
NEOS S&P 500 High Income ETF
Expense ratio chart for SPYI: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
Expense ratio chart for ISPY: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%

Risk-Adjusted Performance

ISPY vs. SPYI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares S&P 500 High Income ETF (ISPY) and NEOS S&P 500 High Income ETF (SPYI). 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.


ISPY
Sharpe ratio
No data
SPYI
Sharpe ratio
The chart of Sharpe ratio for SPYI, currently valued at 2.07, compared to the broader market0.002.004.002.07
Sortino ratio
The chart of Sortino ratio for SPYI, currently valued at 2.87, compared to the broader market-2.000.002.004.006.008.0010.002.87
Omega ratio
The chart of Omega ratio for SPYI, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.001.39
Calmar ratio
The chart of Calmar ratio for SPYI, currently valued at 2.32, compared to the broader market0.005.0010.0015.002.32
Martin ratio
The chart of Martin ratio for SPYI, currently valued at 8.13, compared to the broader market0.0020.0040.0060.0080.008.13

ISPY vs. SPYI - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

ISPY vs. SPYI - Dividend Comparison

ISPY's dividend yield for the trailing twelve months is around 3.46%, less than SPYI's 11.75% yield.


TTM20232022
ISPY
ProShares S&P 500 High Income ETF
3.46%0.00%0.00%
SPYI
NEOS S&P 500 High Income ETF
11.75%12.01%4.10%

Drawdowns

ISPY vs. SPYI - Drawdown Comparison

The maximum ISPY drawdown since its inception was -4.89%, smaller than the maximum SPYI drawdown of -10.19%. Use the drawdown chart below to compare losses from any high point for ISPY and SPYI. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%2024FebruaryMarchAprilMay
-0.14%
0
ISPY
SPYI

Volatility

ISPY vs. SPYI - Volatility Comparison

ProShares S&P 500 High Income ETF (ISPY) has a higher volatility of 3.30% compared to NEOS S&P 500 High Income ETF (SPYI) at 2.96%. This indicates that ISPY's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%2.50%3.00%3.50%4.00%Jan 28Feb 04Feb 11Feb 18Feb 25Mar 03Mar 10Mar 17Mar 24Mar 31Apr 07Apr 14Apr 21Apr 28May 05May 12
3.30%
2.96%
ISPY
SPYI