LIWPX vs. SPY
Compare and contrast key facts about BlackRock LifePath Index 2065 Fund (LIWPX) and SPDR S&P 500 ETF (SPY).
LIWPX is managed by Blackrock. It was launched on Oct 29, 2019. 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: LIWPX or SPY.
Performance
LIWPX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, LIWPX achieves a 18.39% return, which is significantly lower than SPY's 26.47% return.
LIWPX
18.39%
1.75%
9.17%
25.48%
10.68%
N/A
SPY
26.47%
3.03%
13.19%
32.65%
15.68%
13.14%
Key characteristics
| LIWPX | SPY | |
|---|---|---|
| Sharpe Ratio | 2.25 | 2.69 |
| Sortino Ratio | 3.13 | 3.59 |
| Omega Ratio | 1.43 | 1.50 |
| Calmar Ratio | 3.23 | 3.88 |
| Martin Ratio | 14.16 | 17.47 |
| Ulcer Index | 1.80% | 1.87% |
| Daily Std Dev | 11.31% | 12.14% |
| Max Drawdown | -33.12% | -55.19% |
| Current Drawdown | -0.82% | -0.54% |
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LIWPX vs. SPY - Expense Ratio Comparison
LIWPX has a 0.35% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between LIWPX and SPY is 0.90, 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
LIWPX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index 2065 Fund (LIWPX) 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
LIWPX vs. SPY - Dividend Comparison
LIWPX's dividend yield for the trailing twelve months is around 0.67%, less than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIWPX BlackRock LifePath Index 2065 Fund | 0.67% | 1.76% | 1.50% | 1.59% | 1.13% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
LIWPX vs. SPY - Drawdown Comparison
The maximum LIWPX drawdown since its inception was -33.12%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LIWPX and SPY. For additional features, visit the drawdowns tool.
Volatility
LIWPX vs. SPY - Volatility Comparison
The current volatility for BlackRock LifePath Index 2065 Fund (LIWPX) is 3.11%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.98%. This indicates that LIWPX 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.