SILVX vs. SPY
Compare and contrast key facts about SGI U.S. Large Equity Fund (SILVX) and SPDR S&P 500 ETF (SPY).
SILVX is managed by Summit Global Investments. It was launched on Feb 29, 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: SILVX or SPY.
Correlation
The correlation between SILVX and SPY is 0.87, 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
SILVX vs. SPY - Performance Comparison
Key characteristics
SILVX:
-0.15
SPY:
1.97
SILVX:
-0.04
SPY:
2.64
SILVX:
0.99
SPY:
1.36
SILVX:
-0.12
SPY:
2.97
SILVX:
-0.40
SPY:
12.34
SILVX:
8.06%
SPY:
2.03%
SILVX:
20.95%
SPY:
12.68%
SILVX:
-31.81%
SPY:
-55.19%
SILVX:
-22.30%
SPY:
-0.01%
Returns By Period
The year-to-date returns for both stocks are quite close, with SILVX having a 4.22% return and SPY slightly lower at 4.03%. Over the past 10 years, SILVX has underperformed SPY with an annualized return of 3.36%, while SPY has yielded a comparatively higher 13.18% annualized return.
SILVX
4.22%
2.01%
-13.26%
-3.77%
-0.74%
3.36%
SPY
4.03%
2.03%
9.65%
23.63%
14.28%
13.18%
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SILVX vs. SPY - Expense Ratio Comparison
SILVX has a 0.98% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SILVX vs. SPY — Risk-Adjusted Performance Rank
SILVX
SPY
SILVX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SGI U.S. Large Equity Fund (SILVX) 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
SILVX vs. SPY - Dividend Comparison
SILVX's dividend yield for the trailing twelve months is around 0.58%, less than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SILVX SGI U.S. Large Equity Fund | 0.58% | 0.60% | 0.94% | 1.12% | 0.20% | 0.37% | 0.98% | 0.75% | 1.18% | 1.11% | 1.53% | 1.17% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SILVX vs. SPY - Drawdown Comparison
The maximum SILVX drawdown since its inception was -31.81%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SILVX and SPY. For additional features, visit the drawdowns tool.
Volatility
SILVX vs. SPY - Volatility Comparison
The current volatility for SGI U.S. Large Equity Fund (SILVX) is 2.44%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.15%. This indicates that SILVX 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.