LSAT vs. SPY
Compare and contrast key facts about Leadershares Alphafactor Tactical Focused ETF (LSAT) and SPDR S&P 500 ETF (SPY).
LSAT and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LSAT is an actively managed fund by Redwood Investment Management. It was launched on Oct 27, 2020. 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: LSAT or SPY.
Correlation
The correlation between LSAT and SPY 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.
Performance
LSAT vs. SPY - Performance Comparison
Key characteristics
LSAT:
1.51
SPY:
2.21
LSAT:
2.13
SPY:
2.93
LSAT:
1.26
SPY:
1.41
LSAT:
2.69
SPY:
3.26
LSAT:
7.85
SPY:
14.40
LSAT:
2.38%
SPY:
1.90%
LSAT:
12.37%
SPY:
12.44%
LSAT:
-20.48%
SPY:
-55.19%
LSAT:
-5.52%
SPY:
-1.83%
Returns By Period
In the year-to-date period, LSAT achieves a 19.56% return, which is significantly lower than SPY's 26.72% return.
LSAT
19.56%
-4.91%
7.65%
18.70%
N/A
N/A
SPY
26.72%
0.20%
10.28%
27.17%
14.87%
13.04%
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LSAT vs. SPY - Expense Ratio Comparison
LSAT has a 0.99% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
LSAT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Leadershares Alphafactor Tactical Focused ETF (LSAT) 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
LSAT vs. SPY - Dividend Comparison
LSAT's dividend yield for the trailing twelve months is around 1.29%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LSAT Leadershares Alphafactor Tactical Focused ETF | 1.29% | 1.85% | 0.36% | 3.44% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
LSAT vs. SPY - Drawdown Comparison
The maximum LSAT drawdown since its inception was -20.48%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LSAT and SPY. For additional features, visit the drawdowns tool.
Volatility
LSAT vs. SPY - Volatility Comparison
The current volatility for Leadershares Alphafactor Tactical Focused ETF (LSAT) is 3.30%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.81%. This indicates that LSAT 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.