SLYG vs. VIOO
Compare and contrast key facts about SPDR S&P 600 Small Cap Growth ETF (SLYG) and Vanguard S&P Small-Cap 600 ETF (VIOO).
SLYG and VIOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SLYG is a passively managed fund by State Street that tracks the performance of the S&P SmallCap 600 Growth Index. It was launched on Sep 25, 2000. VIOO is a passively managed fund by Vanguard that tracks the performance of the S&P SmallCap 600 Index. It was launched on Sep 7, 2010. Both SLYG and VIOO 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: SLYG or VIOO.
Key characteristics
| SLYG | VIOO | |
|---|---|---|
| YTD Return | 3.94% | 0.96% |
| 1Y Return | 24.31% | 20.22% |
| 3Y Return (Ann) | 1.79% | 1.26% |
| 5Y Return (Ann) | 8.39% | 8.22% |
| 10Y Return (Ann) | 9.74% | 8.94% |
| Sharpe Ratio | 1.29 | 1.00 |
| Daily Std Dev | 18.08% | 19.26% |
| Max Drawdown | -63.19% | -44.15% |
| Current Drawdown | -7.07% | -5.92% |
Correlation
The correlation between SLYG and VIOO is 0.95, 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
SLYG vs. VIOO - Performance Comparison
In the year-to-date period, SLYG achieves a 3.94% return, which is significantly higher than VIOO's 0.96% return. Over the past 10 years, SLYG has outperformed VIOO with an annualized return of 9.74%, while VIOO has yielded a comparatively lower 8.94% 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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SLYG vs. VIOO - Expense Ratio Comparison
SLYG has a 0.15% expense ratio, which is higher than VIOO's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SLYG vs. VIOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 600 Small Cap Growth ETF (SLYG) and Vanguard S&P Small-Cap 600 ETF (VIOO). 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
SLYG vs. VIOO - Dividend Comparison
SLYG's dividend yield for the trailing twelve months is around 1.12%, less than VIOO's 1.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLYG SPDR S&P 600 Small Cap Growth ETF | 1.12% | 1.18% | 1.18% | 0.68% | 0.71% | 1.08% | 1.06% | 4.74% | 1.13% | 5.75% | 4.42% | 0.61% |
VIOO Vanguard S&P Small-Cap 600 ETF | 1.46% | 1.47% | 1.51% | 1.16% | 1.09% | 1.37% | 1.32% | 1.11% | 0.95% | 1.26% | 1.06% | 0.86% |
Drawdowns
SLYG vs. VIOO - Drawdown Comparison
The maximum SLYG drawdown since its inception was -63.19%, which is greater than VIOO's maximum drawdown of -44.15%. Use the drawdown chart below to compare losses from any high point for SLYG and VIOO. For additional features, visit the drawdowns tool.
Volatility
SLYG vs. VIOO - Volatility Comparison
SPDR S&P 600 Small Cap Growth ETF (SLYG) and Vanguard S&P Small-Cap 600 ETF (VIOO) have volatilities of 4.61% and 4.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.