RSEAX vs. SPY
Compare and contrast key facts about Russell Investments U.S. Strategic Equity Fund (RSEAX) and SPDR S&P 500 ETF (SPY).
RSEAX is managed by Russell. It was launched on Aug 6, 2012. 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: RSEAX or SPY.
Key characteristics
| RSEAX | SPY | |
|---|---|---|
| YTD Return | 15.64% | 18.86% |
| 1Y Return | 25.70% | 28.13% |
| 3Y Return (Ann) | 6.32% | 9.87% |
| 5Y Return (Ann) | 12.72% | 15.23% |
| 10Y Return (Ann) | 10.68% | 12.80% |
| Sharpe Ratio | 2.02 | 2.21 |
| Daily Std Dev | 12.58% | 12.60% |
| Max Drawdown | -32.35% | -55.19% |
| Current Drawdown | -1.19% | -0.61% |
Correlation
The correlation between RSEAX and SPY is 0.97, 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
RSEAX vs. SPY - Performance Comparison
In the year-to-date period, RSEAX achieves a 15.64% return, which is significantly lower than SPY's 18.86% return. Over the past 10 years, RSEAX has underperformed SPY with an annualized return of 10.68%, 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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RSEAX vs. SPY - Expense Ratio Comparison
RSEAX has a 0.99% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
RSEAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Russell Investments U.S. Strategic Equity Fund (RSEAX) 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
RSEAX vs. SPY - Dividend Comparison
RSEAX's dividend yield for the trailing twelve months is around 3.34%, more than SPY's 0.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSEAX Russell Investments U.S. Strategic Equity Fund | 3.34% | 4.04% | 6.61% | 7.64% | 0.52% | 5.07% | 23.30% | 9.12% | 5.47% | 6.41% | 10.64% | 8.67% |
SPY 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
RSEAX vs. SPY - Drawdown Comparison
The maximum RSEAX drawdown since its inception was -32.35%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RSEAX and SPY. For additional features, visit the drawdowns tool.
Volatility
RSEAX vs. SPY - Volatility Comparison
Russell Investments U.S. Strategic Equity Fund (RSEAX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.92% and 3.84%, 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.