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.
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
Key characteristics
SGIIX:
1.50
SPY:
1.75
SGIIX:
2.02
SPY:
2.36
SGIIX:
1.27
SPY:
1.32
SGIIX:
1.65
SPY:
2.66
SGIIX:
4.91
SPY:
11.01
SGIIX:
2.93%
SPY:
2.03%
SGIIX:
9.62%
SPY:
12.77%
SGIIX:
-45.51%
SPY:
-55.19%
SGIIX:
-2.28%
SPY:
-2.12%
Returns By Period
In the year-to-date period, SGIIX achieves a 6.65% return, which is significantly higher than SPY's 2.36% return. Over the past 10 years, SGIIX has underperformed SPY with an annualized return of 4.04%, while SPY has yielded a comparatively higher 12.96% annualized return.
SGIIX
6.65%
2.85%
0.82%
13.57%
6.07%
4.04%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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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 Rank
SGIIX
SPY
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 2.46%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SGIIX First Eagle Global Fund Class I | 2.46% | 2.62% | 1.52% | 0.37% | 2.17% | 1.06% | 1.52% | 1.18% | 1.02% | 0.64% | 0.40% | 0.85% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SGIIX vs. SPY - Drawdown Comparison
The maximum SGIIX drawdown since its inception was -45.51%, 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 2.28%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.38%. 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.