LIRIX vs. SPY
Compare and contrast key facts about BlackRock LifePath Index Retirement Fund (LIRIX) and SPDR S&P 500 ETF (SPY).
LIRIX is managed by Blackrock. It was launched on May 30, 2011. 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: LIRIX or SPY.
Correlation
The correlation between LIRIX and SPY is 0.85, 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
LIRIX vs. SPY - Performance Comparison
Key characteristics
LIRIX:
1.78
SPY:
1.97
LIRIX:
2.54
SPY:
2.64
LIRIX:
1.32
SPY:
1.36
LIRIX:
1.38
SPY:
2.97
LIRIX:
8.09
SPY:
12.34
LIRIX:
1.35%
SPY:
2.03%
LIRIX:
6.12%
SPY:
12.68%
LIRIX:
-21.06%
SPY:
-55.19%
LIRIX:
-0.16%
SPY:
-0.01%
Returns By Period
In the year-to-date period, LIRIX achieves a 2.76% return, which is significantly lower than SPY's 4.03% return. Over the past 10 years, LIRIX has underperformed SPY with an annualized return of 4.42%, while SPY has yielded a comparatively higher 13.18% annualized return.
LIRIX
2.76%
1.87%
2.49%
9.95%
3.66%
4.42%
SPY
4.03%
2.03%
9.65%
23.63%
14.28%
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.
LIRIX vs. SPY - Expense Ratio Comparison
LIRIX has a 0.11% 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%.
Risk-Adjusted Performance
LIRIX vs. SPY — Risk-Adjusted Performance Rank
LIRIX
SPY
LIRIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index Retirement Fund (LIRIX) 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
LIRIX vs. SPY - Dividend Comparison
LIRIX's dividend yield for the trailing twelve months is around 2.85%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIRIX BlackRock LifePath Index Retirement Fund | 2.85% | 2.93% | 2.61% | 2.53% | 2.12% | 1.93% | 2.32% | 2.37% | 2.02% | 1.98% | 1.92% | 1.81% |
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
LIRIX vs. SPY - Drawdown Comparison
The maximum LIRIX drawdown since its inception was -21.06%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LIRIX and SPY. For additional features, visit the drawdowns tool.
Volatility
LIRIX vs. SPY - Volatility Comparison
The current volatility for BlackRock LifePath Index Retirement Fund (LIRIX) is 1.51%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.15%. This indicates that LIRIX 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.