IXP vs. SPYG
Compare and contrast key facts about iShares Global Comm Services ETF (IXP) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
IXP and SPYG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IXP is a passively managed fund by iShares that tracks the performance of the S&P Global 1200 Communication Services 4.5/22.5/45 Capped. It was launched on Nov 12, 2001. 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. Both IXP and SPYG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IXP or SPYG.
Performance
IXP vs. SPYG - Performance Comparison
Returns By Period
In the year-to-date period, IXP achieves a 28.51% return, which is significantly lower than SPYG's 33.26% return. Over the past 10 years, IXP has underperformed SPYG with an annualized return of 6.67%, while SPYG has yielded a comparatively higher 14.92% annualized return.
IXP
28.51%
1.71%
11.61%
30.85%
11.25%
6.67%
SPYG
33.26%
1.72%
15.23%
37.95%
17.62%
14.92%
Key characteristics
| IXP | SPYG | |
|---|---|---|
| Sharpe Ratio | 2.18 | 2.25 |
| Sortino Ratio | 3.00 | 2.93 |
| Omega Ratio | 1.39 | 1.41 |
| Calmar Ratio | 1.71 | 2.88 |
| Martin Ratio | 13.65 | 11.92 |
| Ulcer Index | 2.34% | 3.21% |
| Daily Std Dev | 14.65% | 17.04% |
| Max Drawdown | -50.13% | -67.79% |
| Current Drawdown | -2.14% | -1.47% |
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IXP vs. SPYG - Expense Ratio Comparison
IXP has a 0.43% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Correlation
The correlation between IXP and SPYG is 0.71, 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.
Risk-Adjusted Performance
IXP vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Comm Services ETF (IXP) 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
IXP vs. SPYG - Dividend Comparison
IXP's dividend yield for the trailing twelve months is around 0.96%, more than SPYG's 0.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXP iShares Global Comm Services ETF | 0.96% | 1.24% | 1.43% | 1.80% | 0.95% | 2.18% | 4.32% | 3.40% | 4.02% | 3.89% | 12.39% | 3.40% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.65% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
Drawdowns
IXP vs. SPYG - Drawdown Comparison
The maximum IXP drawdown since its inception was -50.13%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for IXP and SPYG. For additional features, visit the drawdowns tool.
Volatility
IXP vs. SPYG - Volatility Comparison
The current volatility for iShares Global Comm Services ETF (IXP) is 3.98%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.32%. This indicates that IXP 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.