MASKX vs. SPY
Compare and contrast key facts about iShares Russell 2000 Small-Cap Index Fund (MASKX) and SPDR S&P 500 ETF (SPY).
MASKX is managed by Blackrock. It was launched on Apr 9, 1997. 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: MASKX or SPY.
Correlation
The correlation between MASKX and SPY is 0.82, 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
MASKX vs. SPY - Performance Comparison
Key characteristics
MASKX:
0.31
SPY:
2.03
MASKX:
0.57
SPY:
2.71
MASKX:
1.07
SPY:
1.38
MASKX:
0.26
SPY:
3.02
MASKX:
1.59
SPY:
13.49
MASKX:
4.13%
SPY:
1.88%
MASKX:
21.53%
SPY:
12.48%
MASKX:
-67.66%
SPY:
-55.19%
MASKX:
-15.73%
SPY:
-3.54%
Returns By Period
In the year-to-date period, MASKX achieves a 6.21% return, which is significantly lower than SPY's 24.51% return. Over the past 10 years, MASKX has underperformed SPY with an annualized return of 5.05%, while SPY has yielded a comparatively higher 12.94% annualized return.
MASKX
6.21%
-8.20%
6.07%
8.63%
4.55%
5.05%
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MASKX vs. SPY - Expense Ratio Comparison
MASKX has a 0.12% 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
MASKX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 Small-Cap Index Fund (MASKX) 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
MASKX vs. SPY - Dividend Comparison
MASKX's dividend yield for the trailing twelve months is around 0.14%, less than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MASKX iShares Russell 2000 Small-Cap Index Fund | 0.14% | 1.54% | 1.41% | 1.14% | 1.04% | 1.38% | 1.17% | 1.04% | 1.22% | 0.93% | 1.57% | 1.10% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
MASKX vs. SPY - Drawdown Comparison
The maximum MASKX drawdown since its inception was -67.66%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MASKX and SPY. For additional features, visit the drawdowns tool.
Volatility
MASKX vs. SPY - Volatility Comparison
iShares Russell 2000 Small-Cap Index Fund (MASKX) has a higher volatility of 8.06% compared to SPDR S&P 500 ETF (SPY) at 3.61%. This indicates that MASKX'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.