LIVIX vs. SPY
Compare and contrast key facts about BlackRock LifePath Index 2055 Fund (LIVIX) and SPDR S&P 500 ETF (SPY).
LIVIX 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: LIVIX or SPY.
Correlation
The correlation between LIVIX and SPY is 0.95, 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
LIVIX vs. SPY - Performance Comparison
Key characteristics
LIVIX:
0.79
SPY:
0.72
LIVIX:
1.22
SPY:
1.13
LIVIX:
1.18
SPY:
1.17
LIVIX:
0.84
SPY:
0.76
LIVIX:
3.70
SPY:
3.04
LIVIX:
3.75%
SPY:
4.72%
LIVIX:
17.56%
SPY:
20.06%
LIVIX:
-34.44%
SPY:
-55.19%
LIVIX:
-3.94%
SPY:
-7.25%
Returns By Period
In the year-to-date period, LIVIX achieves a 1.33% return, which is significantly higher than SPY's -3.01% return. Over the past 10 years, LIVIX has underperformed SPY with an annualized return of 8.90%, while SPY has yielded a comparatively higher 12.45% annualized return.
LIVIX
1.33%
1.54%
2.04%
12.70%
13.22%
8.90%
SPY
-3.01%
0.40%
-0.12%
13.65%
16.65%
12.45%
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LIVIX vs. SPY - Expense Ratio Comparison
LIVIX has a 0.10% 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
LIVIX vs. SPY — Risk-Adjusted Performance Rank
LIVIX
SPY
LIVIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index 2055 Fund (LIVIX) 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
LIVIX vs. SPY - Dividend Comparison
LIVIX's dividend yield for the trailing twelve months is around 2.29%, more than SPY's 1.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIVIX BlackRock LifePath Index 2055 Fund | 2.29% | 2.33% | 2.04% | 1.96% | 2.04% | 1.60% | 2.95% | 2.35% | 2.27% | 2.29% | 2.88% | 2.73% |
SPY SPDR S&P 500 ETF | 1.26% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
LIVIX vs. SPY - Drawdown Comparison
The maximum LIVIX drawdown since its inception was -34.44%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LIVIX and SPY. For additional features, visit the drawdowns tool.
Volatility
LIVIX vs. SPY - Volatility Comparison
The current volatility for BlackRock LifePath Index 2055 Fund (LIVIX) is 12.75%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.07%. This indicates that LIVIX 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.