SMLK.DE vs. SPY
Compare and contrast key facts about Invesco S&P SmallCap 600 UCITS ETF A (SMLK.DE) and SPDR S&P 500 ETF (SPY).
SMLK.DE and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMLK.DE is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600. It was launched on Jan 29, 2019. 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 SMLK.DE 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: SMLK.DE or SPY.
Correlation
The correlation between SMLK.DE and SPY is 0.51, 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
SMLK.DE vs. SPY - Performance Comparison
Key characteristics
SMLK.DE:
0.94
SPY:
1.97
SMLK.DE:
1.54
SPY:
2.64
SMLK.DE:
1.19
SPY:
1.36
SMLK.DE:
1.76
SPY:
2.97
SMLK.DE:
4.06
SPY:
12.34
SMLK.DE:
4.32%
SPY:
2.03%
SMLK.DE:
18.98%
SPY:
12.68%
SMLK.DE:
-20.29%
SPY:
-55.19%
SMLK.DE:
-6.43%
SPY:
-0.01%
Returns By Period
In the year-to-date period, SMLK.DE achieves a 2.62% return, which is significantly lower than SPY's 4.03% return.
SMLK.DE
2.62%
-1.17%
12.10%
15.14%
N/A
N/A
SPY
4.03%
2.03%
10.70%
23.63%
14.37%
13.24%
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SMLK.DE vs. SPY - Expense Ratio Comparison
SMLK.DE has a 0.14% expense ratio, which is higher than SPY's 0.09% 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
SMLK.DE vs. SPY — Risk-Adjusted Performance Rank
SMLK.DE
SPY
SMLK.DE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap 600 UCITS ETF A (SMLK.DE) 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
SMLK.DE vs. SPY - Dividend Comparison
SMLK.DE has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMLK.DE Invesco S&P SmallCap 600 UCITS ETF A | 0.00% | 0.00% | 0.00% | 0.00% | 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
SMLK.DE vs. SPY - Drawdown Comparison
The maximum SMLK.DE drawdown since its inception was -20.29%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SMLK.DE and SPY. For additional features, visit the drawdowns tool.
Volatility
SMLK.DE vs. SPY - Volatility Comparison
Invesco S&P SmallCap 600 UCITS ETF A (SMLK.DE) and SPDR S&P 500 ETF (SPY) have volatilities of 2.99% and 3.13%, 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.