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:
0.71
SPY:
2.29
OFVIX:
0.90
SPY:
3.04
OFVIX:
1.18
SPY:
1.43
OFVIX:
0.64
SPY:
3.40
OFVIX:
3.07
SPY:
15.01
OFVIX:
3.93%
SPY:
1.90%
OFVIX:
17.05%
SPY:
12.46%
OFVIX:
-43.06%
SPY:
-55.19%
OFVIX:
-16.89%
SPY:
-0.74%
Returns By Period
In the year-to-date period, OFVIX achieves a 11.88% return, which is significantly lower than SPY's 28.13% return.
OFVIX
11.88%
-16.16%
2.56%
12.06%
8.74%
N/A
SPY
28.13%
1.31%
11.08%
28.58%
15.00%
13.16%
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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 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 2.21%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OFVIX O'Shaughnessy Market Leaders Value Fund | 2.21% | 2.22% | 2.17% | 1.81% | 2.15% | 2.69% | 1.05% | 1.25% | 1.06% | 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
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
O'Shaughnessy Market Leaders Value Fund (OFVIX) has a higher volatility of 13.26% compared to SPDR S&P 500 ETF (SPY) at 3.97%. This indicates that OFVIX'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.