Correlation
The correlation between PHRAX and SPY is 0.58, 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.
PHRAX vs. SPY
Compare and contrast key facts about Virtus Duff & Phelps Real Estate Securities Fund (PHRAX) and SPDR S&P 500 ETF (SPY).
PHRAX is managed by Virtus. It was launched on Mar 1, 1995. 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: PHRAX or SPY.
Performance
PHRAX vs. SPY - Performance Comparison
Loading data...
Key characteristics
PHRAX:
0.48
SPY:
0.70
PHRAX:
0.80
SPY:
1.02
PHRAX:
1.12
SPY:
1.15
PHRAX:
0.19
SPY:
0.68
PHRAX:
1.06
SPY:
2.57
PHRAX:
9.70%
SPY:
4.93%
PHRAX:
19.61%
SPY:
20.42%
PHRAX:
-73.50%
SPY:
-55.19%
PHRAX:
-49.19%
SPY:
-3.55%
Returns By Period
In the year-to-date period, PHRAX achieves a 0.43% return, which is significantly lower than SPY's 0.87% return. Over the past 10 years, PHRAX has underperformed SPY with an annualized return of -5.62%, while SPY has yielded a comparatively higher 12.73% annualized return.
PHRAX
0.43%
0.21%
-12.88%
7.41%
-5.86%
2.39%
-5.62%
SPY
0.87%
3.99%
-1.56%
13.18%
14.25%
15.81%
12.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PHRAX vs. SPY - Expense Ratio Comparison
PHRAX has a 1.36% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
PHRAX vs. SPY — Risk-Adjusted Performance Rank
PHRAX
SPY
PHRAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Duff & Phelps Real Estate Securities Fund (PHRAX) 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.
Loading data...
Dividends
PHRAX vs. SPY - Dividend Comparison
PHRAX's dividend yield for the trailing twelve months is around 8.48%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHRAX Virtus Duff & Phelps Real Estate Securities Fund | 8.48% | 8.39% | 12.35% | 11.12% | 4.46% | 5.58% | 21.34% | 19.03% | 18.54% | 21.22% | 20.04% | 5.97% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PHRAX vs. SPY - Drawdown Comparison
The maximum PHRAX drawdown since its inception was -73.50%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PHRAX and SPY.
Loading data...
Volatility
PHRAX vs. SPY - Volatility Comparison
Virtus Duff & Phelps Real Estate Securities Fund (PHRAX) and SPDR S&P 500 ETF (SPY) have volatilities of 4.85% and 4.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...