QRVLX vs. SPY
Compare and contrast key facts about FPA Queens Road Value Fund (QRVLX) and SPDR S&P 500 ETF (SPY).
QRVLX is managed by FPA. It was launched on Jun 13, 2002. 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: QRVLX or SPY.
Correlation
The correlation between QRVLX and SPY is 0.91, 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
QRVLX vs. SPY - Performance Comparison
Key characteristics
QRVLX:
0.93
SPY:
1.88
QRVLX:
1.36
SPY:
2.53
QRVLX:
1.17
SPY:
1.35
QRVLX:
1.23
SPY:
2.83
QRVLX:
3.35
SPY:
11.74
QRVLX:
3.26%
SPY:
2.02%
QRVLX:
11.71%
SPY:
12.64%
QRVLX:
-52.05%
SPY:
-55.19%
QRVLX:
-6.24%
SPY:
-0.42%
Returns By Period
In the year-to-date period, QRVLX achieves a 1.80% return, which is significantly lower than SPY's 4.15% return. Over the past 10 years, QRVLX has underperformed SPY with an annualized return of 6.11%, while SPY has yielded a comparatively higher 13.18% annualized return.
QRVLX
1.80%
-1.86%
1.76%
10.91%
6.06%
6.11%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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QRVLX vs. SPY - Expense Ratio Comparison
QRVLX has a 0.65% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
QRVLX vs. SPY — Risk-Adjusted Performance Rank
QRVLX
SPY
QRVLX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FPA Queens Road Value Fund (QRVLX) 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
QRVLX vs. SPY - Dividend Comparison
QRVLX's dividend yield for the trailing twelve months is around 1.25%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QRVLX FPA Queens Road Value Fund | 1.25% | 1.27% | 1.30% | 1.48% | 1.37% | 1.92% | 1.48% | 1.64% | 1.23% | 1.65% | 1.20% | 1.12% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
QRVLX vs. SPY - Drawdown Comparison
The maximum QRVLX drawdown since its inception was -52.05%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for QRVLX and SPY. For additional features, visit the drawdowns tool.
Volatility
QRVLX vs. SPY - Volatility Comparison
FPA Queens Road Value Fund (QRVLX) has a higher volatility of 3.25% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that QRVLX'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.