SECT vs. SPY
Compare and contrast key facts about Main Sector Rotation ETF (SECT) and SPDR S&P 500 ETF (SPY).
SECT and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SECT is an actively managed fund by Main Management. It was launched on Sep 5, 2017. 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: SECT or SPY.
Performance
SECT vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, SECT achieves a 20.03% return, which is significantly lower than SPY's 26.08% return.
SECT
20.03%
2.74%
10.79%
26.39%
14.16%
N/A
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| SECT | SPY | |
|---|---|---|
| Sharpe Ratio | 1.83 | 2.70 |
| Sortino Ratio | 2.46 | 3.60 |
| Omega Ratio | 1.33 | 1.50 |
| Calmar Ratio | 3.27 | 3.90 |
| Martin Ratio | 12.82 | 17.52 |
| Ulcer Index | 2.10% | 1.87% |
| Daily Std Dev | 14.71% | 12.14% |
| Max Drawdown | -38.09% | -55.19% |
| Current Drawdown | -2.07% | -0.85% |
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SECT vs. SPY - Expense Ratio Comparison
SECT has a 0.78% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between SECT and SPY is 0.93, 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.
Risk-Adjusted Performance
SECT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Main Sector Rotation ETF (SECT) 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
SECT vs. SPY - Dividend Comparison
SECT's dividend yield for the trailing twelve months is around 0.35%, less than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SECT Main Sector Rotation ETF | 0.35% | 0.84% | 0.86% | 0.60% | 1.37% | 0.77% | 1.68% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SECT vs. SPY - Drawdown Comparison
The maximum SECT drawdown since its inception was -38.09%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SECT and SPY. For additional features, visit the drawdowns tool.
Volatility
SECT vs. SPY - Volatility Comparison
Main Sector Rotation ETF (SECT) has a higher volatility of 5.16% compared to SPDR S&P 500 ETF (SPY) at 3.98%. This indicates that SECT'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.