OGIG vs. SPY
Compare and contrast key facts about O’Shares Global Internet Giants ETF (OGIG) and SPDR S&P 500 ETF (SPY).
OGIG and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OGIG is a passively managed fund by O'Shares Investments that tracks the performance of the O’Shares Global Internet Giants Index. It was launched on Jun 5, 2018. 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 OGIG 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: OGIG or SPY.
Key characteristics
| OGIG | SPY | |
|---|---|---|
| YTD Return | 27.51% | 26.83% |
| 1Y Return | 40.27% | 34.88% |
| 3Y Return (Ann) | -6.91% | 10.16% |
| 5Y Return (Ann) | 13.77% | 15.71% |
| Sharpe Ratio | 2.35 | 3.08 |
| Sortino Ratio | 3.02 | 4.10 |
| Omega Ratio | 1.40 | 1.58 |
| Calmar Ratio | 0.93 | 4.46 |
| Martin Ratio | 12.52 | 20.22 |
| Ulcer Index | 3.59% | 1.85% |
| Daily Std Dev | 19.16% | 12.18% |
| Max Drawdown | -66.05% | -55.19% |
| Current Drawdown | -26.89% | -0.26% |
Correlation
The correlation between OGIG and SPY is 0.74, 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
OGIG vs. SPY - Performance Comparison
The year-to-date returns for both stocks are quite close, with OGIG having a 27.51% return and SPY slightly lower at 26.83%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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OGIG vs. SPY - Expense Ratio Comparison
OGIG has a 0.48% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
OGIG vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for O’Shares Global Internet Giants ETF (OGIG) 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
OGIG vs. SPY - Dividend Comparison
OGIG has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.17%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OGIG O’Shares Global Internet Giants ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
OGIG vs. SPY - Drawdown Comparison
The maximum OGIG drawdown since its inception was -66.05%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for OGIG and SPY. For additional features, visit the drawdowns tool.
Volatility
OGIG vs. SPY - Volatility Comparison
O’Shares Global Internet Giants ETF (OGIG) has a higher volatility of 5.32% compared to SPDR S&P 500 ETF (SPY) at 3.77%. This indicates that OGIG'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.