SGIIX vs. SPY
Compare and contrast key facts about First Eagle Global Fund Class I (SGIIX) and SPDR S&P 500 ETF (SPY).
SGIIX is managed by First Eagle. 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: SGIIX or SPY.
Key characteristics
| SGIIX | SPY | |
|---|---|---|
| YTD Return | 5.49% | 6.58% |
| 1Y Return | 11.26% | 25.57% |
| 3Y Return (Ann) | 4.87% | 8.08% |
| 5Y Return (Ann) | 8.05% | 13.25% |
| 10Y Return (Ann) | 6.59% | 12.38% |
| Sharpe Ratio | 1.02 | 2.13 |
| Daily Std Dev | 10.88% | 11.60% |
| Max Drawdown | -37.03% | -55.19% |
| Current Drawdown | -1.59% | -3.47% |
Correlation
The correlation between SGIIX and SPY is 0.71, 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
SGIIX vs. SPY - Performance Comparison
In the year-to-date period, SGIIX achieves a 5.49% return, which is significantly lower than SPY's 6.58% return. Over the past 10 years, SGIIX has underperformed SPY with an annualized return of 6.59%, while SPY has yielded a comparatively higher 12.38% 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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SGIIX vs. SPY - Expense Ratio Comparison
SGIIX has a 0.86% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SGIIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Eagle Global Fund Class I (SGIIX) 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
SGIIX vs. SPY - Dividend Comparison
SGIIX's dividend yield for the trailing twelve months is around 3.54%, more than SPY's 1.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SGIIX First Eagle Global Fund Class I | 3.54% | 3.74% | 4.41% | 6.49% | 2.61% | 5.72% | 6.66% | 4.50% | 4.96% | 1.43% | 5.36% | 4.75% |
SPY SPDR S&P 500 ETF | 1.33% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SGIIX vs. SPY - Drawdown Comparison
The maximum SGIIX drawdown since its inception was -37.03%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SGIIX and SPY. For additional features, visit the drawdowns tool.
Volatility
SGIIX vs. SPY - Volatility Comparison
The current volatility for First Eagle Global Fund Class I (SGIIX) is 2.89%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.03%. This indicates that SGIIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.