REBYX vs. SPY
Compare and contrast key facts about Russell Investments U.S. Small Cap Equity Fund (REBYX) and SPDR S&P 500 ETF (SPY).
REBYX is managed by Russell. It was launched on Mar 29, 2000. 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: REBYX or SPY.
Key characteristics
REBYX | SPY | |
---|---|---|
YTD Return | 8.17% | 18.86% |
1Y Return | 19.07% | 28.13% |
3Y Return (Ann) | 2.87% | 9.87% |
5Y Return (Ann) | 9.29% | 15.23% |
10Y Return (Ann) | 8.40% | 12.80% |
Sharpe Ratio | 0.96 | 2.21 |
Daily Std Dev | 19.35% | 12.60% |
Max Drawdown | -60.08% | -55.19% |
Current Drawdown | -2.56% | -0.61% |
Correlation
The correlation between REBYX and SPY is 0.86, 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
REBYX vs. SPY - Performance Comparison
In the year-to-date period, REBYX achieves a 8.17% return, which is significantly lower than SPY's 18.86% return. Over the past 10 years, REBYX has underperformed SPY with an annualized return of 8.40%, while SPY has yielded a comparatively higher 12.80% annualized return. 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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REBYX vs. SPY - Expense Ratio Comparison
REBYX has a 0.90% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
REBYX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Russell Investments U.S. Small Cap Equity Fund (REBYX) 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
REBYX vs. SPY - Dividend Comparison
REBYX's dividend yield for the trailing twelve months is around 2.44%, more than SPY's 0.94% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Russell Investments U.S. Small Cap Equity Fund | 2.44% | 2.64% | 5.30% | 31.12% | 0.64% | 4.46% | 18.61% | 12.51% | 0.88% | 8.23% | 8.19% | 15.66% |
SPDR S&P 500 ETF | 0.94% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
REBYX vs. SPY - Drawdown Comparison
The maximum REBYX drawdown since its inception was -60.08%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for REBYX and SPY. For additional features, visit the drawdowns tool.
Volatility
REBYX vs. SPY - Volatility Comparison
Russell Investments U.S. Small Cap Equity Fund (REBYX) has a higher volatility of 5.84% compared to SPDR S&P 500 ETF (SPY) at 3.84%. This indicates that REBYX'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.