SIO vs. SPY
Compare and contrast key facts about Touchstone Strategic Income Opportunities ETF (SIO) and SPDR S&P 500 ETF (SPY).
SIO and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIO is an actively managed fund by Touchstone. It was launched on Jul 21, 2022. 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: SIO or SPY.
Correlation
The correlation between SIO and SPY is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SIO vs. SPY - Performance Comparison
Key characteristics
SIO:
1.69
SPY:
1.91
SIO:
2.57
SPY:
2.57
SIO:
1.31
SPY:
1.35
SIO:
2.31
SPY:
2.88
SIO:
6.16
SPY:
11.96
SIO:
1.19%
SPY:
2.03%
SIO:
4.34%
SPY:
12.68%
SIO:
-7.57%
SPY:
-55.19%
SIO:
-1.13%
SPY:
0.00%
Returns By Period
In the year-to-date period, SIO achieves a 1.14% return, which is significantly lower than SPY's 4.34% return.
SIO
1.14%
0.93%
0.64%
7.22%
N/A
N/A
SPY
4.34%
2.33%
10.15%
23.99%
14.44%
13.21%
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SIO vs. SPY - Expense Ratio Comparison
SIO has a 0.65% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SIO vs. SPY — Risk-Adjusted Performance Rank
SIO
SPY
SIO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Touchstone Strategic Income Opportunities ETF (SIO) 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
SIO vs. SPY - Dividend Comparison
SIO's dividend yield for the trailing twelve months is around 5.22%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIO Touchstone Strategic Income Opportunities ETF | 5.22% | 5.30% | 5.04% | 1.97% | 0.00% | 0.00% | 0.00% | 0.00% | 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
SIO vs. SPY - Drawdown Comparison
The maximum SIO drawdown since its inception was -7.57%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SIO and SPY. For additional features, visit the drawdowns tool.
Volatility
SIO vs. SPY - Volatility Comparison
The current volatility for Touchstone Strategic Income Opportunities ETF (SIO) is 1.63%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.13%. This indicates that SIO 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.