KGGIX vs. SPY
Compare and contrast key facts about Kopernik Global All-Cap Fund (KGGIX) and SPDR S&P 500 ETF (SPY).
KGGIX is managed by Kopernik. It was launched on Oct 31, 2013. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KGGIX or SPY.
Correlation
The correlation between KGGIX and SPY is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
KGGIX vs. SPY - Performance Comparison
Key characteristics
KGGIX:
0.72
SPY:
1.88
KGGIX:
1.07
SPY:
2.53
KGGIX:
1.13
SPY:
1.35
KGGIX:
0.35
SPY:
2.83
KGGIX:
1.85
SPY:
11.74
KGGIX:
4.29%
SPY:
2.02%
KGGIX:
11.01%
SPY:
12.64%
KGGIX:
-45.10%
SPY:
-55.19%
KGGIX:
-15.85%
SPY:
-0.42%
Returns By Period
In the year-to-date period, KGGIX achieves a 7.93% return, which is significantly higher than SPY's 4.15% return. Over the past 10 years, KGGIX has underperformed SPY with an annualized return of 6.82%, while SPY has yielded a comparatively higher 13.18% annualized return.
KGGIX
7.93%
4.50%
2.00%
7.66%
8.03%
6.82%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KGGIX vs. SPY - Expense Ratio Comparison
KGGIX has a 1.01% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
KGGIX vs. SPY — Risk-Adjusted Performance Rank
KGGIX
SPY
KGGIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kopernik Global All-Cap Fund (KGGIX) 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.
Dividends
KGGIX vs. SPY - Dividend Comparison
KGGIX's dividend yield for the trailing twelve months is around 4.50%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KGGIX Kopernik Global All-Cap Fund | 4.50% | 4.86% | 4.93% | 0.75% | 5.51% | 2.87% | 3.02% | 0.26% | 4.40% | 3.34% | 0.82% | 1.11% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
KGGIX vs. SPY - Drawdown Comparison
The maximum KGGIX drawdown since its inception was -45.10%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for KGGIX and SPY. For additional features, visit the drawdowns tool.
Volatility
KGGIX vs. SPY - Volatility Comparison
Kopernik Global All-Cap Fund (KGGIX) has a higher volatility of 3.26% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that KGGIX'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.