NEWZ vs. SPMD
NEWZ (StockSnips AI-Powered Sentiment US All Cap ETF) and SPMD (SPDR Portfolio S&P 400 Mid Cap ETF) are both Mid Cap Blend Equities funds. NEWZ is actively managed, while SPMD is passively managed. Over the past year, NEWZ returned 3.21% vs 25.49% for SPMD. A 0.76 correlation means they provide meaningful diversification when combined. NEWZ charges 0.75%/yr vs 0.05%/yr for SPMD.
Performance
NEWZ vs. SPMD - Performance Comparison
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Returns By Period
In the year-to-date period, NEWZ achieves a 7.39% return, which is significantly lower than SPMD's 14.16% return.
NEWZ
- 1D
- -0.25%
- 1M
- 0.39%
- YTD
- 7.39%
- 6M
- 6.29%
- 1Y
- 3.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPMD
- 1D
- -0.08%
- 1M
- 3.86%
- YTD
- 14.16%
- 6M
- 14.41%
- 1Y
- 25.49%
- 3Y*
- 16.15%
- 5Y*
- 8.20%
- 10Y*
- 11.51%
NEWZ vs. SPMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF | 7.39% | -4.08% | 15.16% |
SPMD SPDR Portfolio S&P 400 Mid Cap ETF | 14.16% | 7.44% | 8.79% |
Correlation
The correlation between NEWZ and SPMD is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2024 | 0.76 |
The correlation between NEWZ and SPMD has been stable across timeframes, ranging from 0.71 to 0.76 - a consistent structural relationship.
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Return for Risk
NEWZ vs. SPMD — Risk / Return Rank
NEWZ
SPMD
NEWZ vs. SPMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD). 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.
| NEWZ | SPMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.41 | ||
| Sortino ratioReturn per unit of downside risk | -1.98 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.29 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | 2.89 | -2.59 |
| Martin ratioReturn relative to average drawdown | 0.83 | 10.61 | -9.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NEWZ | SPMD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.24 | 1.65 | -1.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.42 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.45 | +0.08 |
Drawdowns
NEWZ vs. SPMD - Drawdown Comparison
The maximum NEWZ drawdown since its inception was -19.40%, smaller than the maximum SPMD drawdown of -57.62%. Use the drawdown chart below to compare losses from any high point for NEWZ and SPMD.
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Drawdown Indicators
| NEWZ | SPMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.40% | -57.62% | +38.22% |
Max Drawdown (1Y)Largest decline over 1 year | -10.82% | -8.86% | -1.96% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.08% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.08% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.86% | — |
Current DrawdownCurrent decline from peak | -3.45% | -0.08% | -3.37% |
Average DrawdownAverage peak-to-trough decline | -5.34% | -8.12% | +2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.86% | 2.41% | +1.45% |
Volatility
NEWZ vs. SPMD - Volatility Comparison
The current volatility for StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) is 3.71%, while SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) has a volatility of 4.38%. This indicates that NEWZ experiences smaller price fluctuations and is considered to be less risky than SPMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEWZ | SPMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.71% | 4.38% | -0.67% |
Volatility (6M)Calculated over the trailing 6-month period | 8.78% | 11.37% | -2.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.71% | 15.57% | -1.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.71% | 19.70% | -3.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.71% | 21.18% | -5.47% |
NEWZ vs. SPMD - Expense Ratio Comparison
NEWZ has a 0.75% expense ratio, which is higher than SPMD's 0.05% expense ratio.
Dividends
NEWZ vs. SPMD - Dividend Comparison
NEWZ's dividend yield for the trailing twelve months is around 0.10%, less than SPMD's 1.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF | 0.10% | 0.27% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPMD SPDR Portfolio S&P 400 Mid Cap ETF | 1.23% | 1.39% | 1.42% | 1.47% | 1.64% | 1.24% | 1.30% | 1.57% | 1.85% | 1.97% | 2.13% | 5.33% |
Frequently Asked Questions
NEWZ and SPMD have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPMD has higher volatility (4.38%) compared to NEWZ (3.71%). In terms of maximum drawdown, NEWZ dropped -19.40% vs SPMD's -57.62%.
On 1-year performance, SPMD leads with 25.49% vs 3.21% for NEWZ. On fees, SPMD is cheaper at 0.05% per year. On volatility, NEWZ has been the lower-risk option at 3.71%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SPMD has performed better with a 25.49% return vs 3.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SPMD is cheaper with a 0.05% expense ratio, compared with 0.75% for NEWZ.
SPMD has the higher dividend yield at 1.23%, compared with 0.10% for NEWZ.
They also come from different issuers: StockSnips and State Street. Their fees differ too: 0.75% for NEWZ and 0.05% for SPMD.
SPMD currently has the higher Sharpe Ratio (1.65 vs 0.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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