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

Correlation

The correlation between IVE and SPY is 0.93, 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.


-0.50.00.51.00.9

Performance

IVE vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P 500 Value ETF (IVE) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

450.00%500.00%550.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
458.52%
568.06%
IVE
SPY

Key characteristics

Sharpe Ratio

IVE:

1.46

SPY:

2.21

Sortino Ratio

IVE:

2.10

SPY:

2.93

Omega Ratio

IVE:

1.26

SPY:

1.41

Calmar Ratio

IVE:

1.94

SPY:

3.26

Martin Ratio

IVE:

7.41

SPY:

14.43

Ulcer Index

IVE:

1.99%

SPY:

1.90%

Daily Std Dev

IVE:

10.07%

SPY:

12.41%

Max Drawdown

IVE:

-61.32%

SPY:

-55.19%

Current Drawdown

IVE:

-6.51%

SPY:

-2.74%

Returns By Period

In the year-to-date period, IVE achieves a 12.52% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, IVE has underperformed SPY with an annualized return of 9.76%, while SPY has yielded a comparatively higher 12.97% annualized return.


IVE

YTD

12.52%

1M

-3.61%

6M

6.14%

1Y

13.72%

5Y*

10.45%

10Y*

9.76%

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

Compare stocks, funds, or ETFs

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


IVE vs. SPY - Expense Ratio Comparison

IVE has a 0.18% 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%.


IVE
iShares S&P 500 Value ETF
Expense ratio chart for IVE: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%
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

IVE vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Value ETF (IVE) 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.


Sharpe ratio
The chart of Sharpe ratio for IVE, currently valued at 1.46, compared to the broader market0.002.004.001.462.21
The chart of Sortino ratio for IVE, currently valued at 2.10, compared to the broader market-2.000.002.004.006.008.0010.002.102.93
The chart of Omega ratio for IVE, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.001.261.41
The chart of Calmar ratio for IVE, currently valued at 1.94, compared to the broader market0.005.0010.0015.001.943.26
The chart of Martin ratio for IVE, currently valued at 7.41, compared to the broader market0.0020.0040.0060.0080.00100.007.4114.43
IVE
SPY

The current IVE Sharpe Ratio is 1.46, which is lower than the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of IVE and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.46
2.21
IVE
SPY

Dividends

IVE vs. SPY - Dividend Comparison

IVE's dividend yield for the trailing twelve months is around 2.03%, more than SPY's 0.86% yield.


TTM20232022202120202019201820172016201520142013
IVE
iShares S&P 500 Value ETF
2.03%1.65%2.10%1.81%2.37%2.11%2.74%2.12%2.26%2.45%2.14%2.04%
SPY
SPDR S&P 500 ETF
0.86%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

IVE vs. SPY - Drawdown Comparison

The maximum IVE drawdown since its inception was -61.32%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IVE and SPY. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.51%
-2.74%
IVE
SPY

Volatility

IVE vs. SPY - Volatility Comparison

The current volatility for iShares S&P 500 Value ETF (IVE) is 3.46%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.72%. This indicates that IVE experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.46%
3.72%
IVE
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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