NAVIX vs. SPY
Compare and contrast key facts about Navigator Equity Hedged Fund (NAVIX) and SPDR S&P 500 ETF (SPY).
NAVIX is managed by Navigator Funds. It was launched on Dec 27, 2010. 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: NAVIX or SPY.
Correlation
The correlation between NAVIX and SPY is 0.02, 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
NAVIX vs. SPY - Performance Comparison
Key characteristics
NAVIX:
0.98
SPY:
1.88
NAVIX:
3.64
SPY:
2.53
NAVIX:
2.68
SPY:
1.35
NAVIX:
2.13
SPY:
2.83
NAVIX:
6.07
SPY:
11.74
NAVIX:
6.16%
SPY:
2.02%
NAVIX:
49.84%
SPY:
12.64%
NAVIX:
-37.82%
SPY:
-55.19%
NAVIX:
0.00%
SPY:
-0.42%
Returns By Period
Over the past 10 years, NAVIX has outperformed SPY with an annualized return of 18.25%, while SPY has yielded a comparatively lower 13.18% annualized return.
NAVIX
0.00%
0.00%
0.00%
43.38%
54.47%
18.25%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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NAVIX vs. SPY - Expense Ratio Comparison
NAVIX has a 1.10% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
NAVIX vs. SPY — Risk-Adjusted Performance Rank
NAVIX
SPY
NAVIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Navigator Equity Hedged Fund (NAVIX) 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
NAVIX vs. SPY - Dividend Comparison
NAVIX's dividend yield for the trailing twelve months is around 24.69%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAVIX Navigator Equity Hedged Fund | 24.69% | 24.69% | 0.29% | 0.51% | 7.67% | 0.29% | 0.53% | 0.40% | 5.46% | 0.54% | 2.22% | 2.62% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
NAVIX vs. SPY - Drawdown Comparison
The maximum NAVIX drawdown since its inception was -37.82%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NAVIX and SPY. For additional features, visit the drawdowns tool.
Volatility
NAVIX vs. SPY - Volatility Comparison
The current volatility for Navigator Equity Hedged Fund (NAVIX) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.88%. This indicates that NAVIX 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.