SIMS vs. SPY
Compare and contrast key facts about SPDR S&P Kensho Intelligent Structures ETF (SIMS) and SPDR S&P 500 ETF (SPY).
SIMS and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIMS is a passively managed fund by State Street that tracks the performance of the S&P Kensho Intelligent Infrastructure Index. It was launched on Dec 26, 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. Both SIMS and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIMS or SPY.
Correlation
The correlation between SIMS and SPY is 0.77, 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
SIMS vs. SPY - Performance Comparison
Key characteristics
SIMS:
0.24
SPY:
1.97
SIMS:
0.47
SPY:
2.64
SIMS:
1.05
SPY:
1.36
SIMS:
0.14
SPY:
2.97
SIMS:
0.77
SPY:
12.34
SIMS:
6.20%
SPY:
2.03%
SIMS:
19.58%
SPY:
12.68%
SIMS:
-41.36%
SPY:
-55.19%
SIMS:
-28.52%
SPY:
-0.01%
Returns By Period
In the year-to-date period, SIMS achieves a -0.08% return, which is significantly lower than SPY's 4.03% return.
SIMS
-0.08%
-1.86%
1.98%
1.01%
1.76%
N/A
SPY
4.03%
2.03%
10.70%
23.63%
14.37%
13.24%
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SIMS vs. SPY - Expense Ratio Comparison
SIMS has a 0.45% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SIMS vs. SPY — Risk-Adjusted Performance Rank
SIMS
SPY
SIMS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Intelligent Structures ETF (SIMS) 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
SIMS vs. SPY - Dividend Comparison
SIMS's dividend yield for the trailing twelve months is around 0.88%, less than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIMS SPDR S&P Kensho Intelligent Structures ETF | 0.88% | 0.88% | 1.49% | 1.48% | 0.97% | 0.58% | 1.24% | 0.85% | 0.00% | 0.00% | 0.00% | 0.00% |
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
SIMS vs. SPY - Drawdown Comparison
The maximum SIMS drawdown since its inception was -41.36%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SIMS and SPY. For additional features, visit the drawdowns tool.
Volatility
SIMS vs. SPY - Volatility Comparison
SPDR S&P Kensho Intelligent Structures ETF (SIMS) has a higher volatility of 4.59% compared to SPDR S&P 500 ETF (SPY) at 3.15%. This indicates that SIMS'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.