OFVIX vs. SPY
Compare and contrast key facts about O'Shaughnessy Market Leaders Value Fund (OFVIX) and SPDR S&P 500 ETF (SPY).
OFVIX is managed by O'Shaughnessy Mutual Funds. It was launched on Feb 26, 2016. 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: OFVIX or SPY.
Correlation
The correlation between OFVIX and SPY is 0.82, 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.
Performance
OFVIX vs. SPY - Performance Comparison
Key characteristics
OFVIX:
-0.13
SPY:
0.30
OFVIX:
-0.03
SPY:
0.56
OFVIX:
1.00
SPY:
1.08
OFVIX:
-0.10
SPY:
0.31
OFVIX:
-0.28
SPY:
1.40
OFVIX:
10.37%
SPY:
4.18%
OFVIX:
21.71%
SPY:
19.64%
OFVIX:
-43.06%
SPY:
-55.19%
OFVIX:
-23.85%
SPY:
-13.86%
Returns By Period
In the year-to-date period, OFVIX achieves a -7.01% return, which is significantly higher than SPY's -9.91% return.
OFVIX
-7.01%
-8.56%
-17.20%
-2.49%
13.42%
N/A
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
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OFVIX vs. SPY - Expense Ratio Comparison
OFVIX has a 0.56% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
OFVIX vs. SPY — Risk-Adjusted Performance Rank
OFVIX
SPY
OFVIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for O'Shaughnessy Market Leaders Value Fund (OFVIX) 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
OFVIX vs. SPY - Dividend Comparison
OFVIX's dividend yield for the trailing twelve months is around 2.41%, more than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OFVIX O'Shaughnessy Market Leaders Value Fund | 2.41% | 2.24% | 2.22% | 2.17% | 1.81% | 2.15% | 2.69% | 1.05% | 1.25% | 1.06% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
OFVIX vs. SPY - Drawdown Comparison
The maximum OFVIX drawdown since its inception was -43.06%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for OFVIX and SPY. For additional features, visit the drawdowns tool.
Volatility
OFVIX vs. SPY - Volatility Comparison
The current volatility for O'Shaughnessy Market Leaders Value Fund (OFVIX) is 12.91%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that OFVIX 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.