NASDX vs. SPY
Compare and contrast key facts about Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) and SPDR S&P 500 ETF (SPY).
NASDX is a passively managed fund by Blackrock that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 18, 2000. 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. Both NASDX and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NASDX or SPY.
Performance
NASDX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, NASDX achieves a 23.68% return, which is significantly lower than SPY's 26.08% return. Over the past 10 years, NASDX has outperformed SPY with an annualized return of 15.03%, while SPY has yielded a comparatively lower 13.10% annualized return.
NASDX
23.68%
1.81%
11.56%
21.08%
16.10%
15.03%
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| NASDX | SPY | |
|---|---|---|
| Sharpe Ratio | 1.14 | 2.70 |
| Sortino Ratio | 1.52 | 3.60 |
| Omega Ratio | 1.22 | 1.50 |
| Calmar Ratio | 1.43 | 3.90 |
| Martin Ratio | 5.30 | 17.52 |
| Ulcer Index | 4.07% | 1.87% |
| Daily Std Dev | 19.04% | 12.14% |
| Max Drawdown | -81.69% | -55.19% |
| Current Drawdown | -1.74% | -0.85% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NASDX vs. SPY - Expense Ratio Comparison
NASDX has a 0.63% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between NASDX and SPY is 0.87, 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
NASDX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) 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
NASDX vs. SPY - Dividend Comparison
NASDX's dividend yield for the trailing twelve months is around 0.38%, less than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares | 0.38% | 0.45% | 0.50% | 0.15% | 0.37% | 0.47% | 0.94% | 1.35% | 0.75% | 0.86% | 1.02% | 0.72% |
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
NASDX vs. SPY - Drawdown Comparison
The maximum NASDX drawdown since its inception was -81.69%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NASDX and SPY. For additional features, visit the drawdowns tool.
Volatility
NASDX vs. SPY - Volatility Comparison
Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) has a higher volatility of 5.38% compared to SPDR S&P 500 ETF (SPY) at 3.98%. This indicates that NASDX'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.