MSVX vs. SPY
Compare and contrast key facts about LHA Market State Alpha Seeker ETF (MSVX) and SPDR S&P 500 ETF (SPY).
MSVX and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MSVX is an actively managed fund by Little Harbor Advisors. It was launched on May 13, 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: MSVX or SPY.
Correlation
The correlation between MSVX and SPY is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MSVX vs. SPY - Performance Comparison
Key characteristics
Returns By Period
MSVX
N/A
N/A
N/A
N/A
N/A
N/A
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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MSVX vs. SPY - Expense Ratio Comparison
MSVX has a 1.16% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
MSVX vs. SPY — Risk-Adjusted Performance Rank
MSVX
SPY
MSVX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for LHA Market State Alpha Seeker ETF (MSVX) 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
MSVX vs. SPY - Dividend Comparison
MSVX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.15%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSVX LHA Market State Alpha Seeker ETF | 0.00% | 0.00% | 3.58% | 0.11% | 0.38% | 1.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MSVX vs. SPY - Drawdown Comparison
Volatility
MSVX vs. SPY - Volatility Comparison
The current volatility for LHA Market State Alpha Seeker ETF (MSVX) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.00%. This indicates that MSVX 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.