NERD vs. SPY
Compare and contrast key facts about Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD) and SPDR S&P 500 ETF (SPY).
NERD and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NERD is a passively managed fund by Roundhill Investments that tracks the performance of the Roundhill BITKRAFT Esports Index. It was launched on Jun 4, 2019. 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 NERD 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: NERD or SPY.
Performance
NERD vs. SPY - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with NERD having a 27.26% return and SPY slightly lower at 26.47%.
NERD
27.26%
13.46%
27.66%
33.28%
6.15%
N/A
SPY
26.47%
3.03%
13.19%
32.65%
15.68%
13.14%
Key characteristics
| NERD | SPY | |
|---|---|---|
| Sharpe Ratio | 1.80 | 2.69 |
| Sortino Ratio | 2.52 | 3.59 |
| Omega Ratio | 1.32 | 1.50 |
| Calmar Ratio | 0.53 | 3.88 |
| Martin Ratio | 9.10 | 17.47 |
| Ulcer Index | 3.66% | 1.87% |
| Daily Std Dev | 18.46% | 12.14% |
| Max Drawdown | -65.58% | -55.19% |
| Current Drawdown | -47.85% | -0.54% |
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NERD vs. SPY - Expense Ratio Comparison
NERD has a 0.25% 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%.
Correlation
The correlation between NERD and SPY is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
NERD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD) 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
NERD vs. SPY - Dividend Comparison
NERD's dividend yield for the trailing twelve months is around 0.84%, less than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF | 0.84% | 1.07% | 0.69% | 0.02% | 1.05% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
NERD vs. SPY - Drawdown Comparison
The maximum NERD drawdown since its inception was -65.58%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NERD and SPY. For additional features, visit the drawdowns tool.
Volatility
NERD vs. SPY - Volatility Comparison
Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD) has a higher volatility of 6.87% compared to SPDR S&P 500 ETF (SPY) at 3.98%. This indicates that NERD'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.