SMVLX vs. SPY
Compare and contrast key facts about Smead Value Fund (SMVLX) and SPDR S&P 500 ETF (SPY).
SMVLX is managed by Smead Funds. It was launched on Jan 2, 2008. 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: SMVLX or SPY.
Correlation
The correlation between SMVLX and SPY is 0.86, 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
SMVLX vs. SPY - Performance Comparison
Key characteristics
SMVLX:
0.26
SPY:
2.03
SMVLX:
0.44
SPY:
2.71
SMVLX:
1.05
SPY:
1.38
SMVLX:
0.37
SPY:
3.02
SMVLX:
1.19
SPY:
13.49
SMVLX:
3.09%
SPY:
1.88%
SMVLX:
14.30%
SPY:
12.48%
SMVLX:
-55.61%
SPY:
-55.19%
SMVLX:
-9.85%
SPY:
-3.54%
Returns By Period
In the year-to-date period, SMVLX achieves a 2.19% return, which is significantly lower than SPY's 24.51% return. Over the past 10 years, SMVLX has underperformed SPY with an annualized return of 7.52%, while SPY has yielded a comparatively higher 12.94% annualized return.
SMVLX
2.19%
-6.83%
-1.94%
2.46%
9.79%
7.52%
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
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SMVLX vs. SPY - Expense Ratio Comparison
SMVLX has a 1.26% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SMVLX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Smead Value Fund (SMVLX) 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
SMVLX vs. SPY - Dividend Comparison
SMVLX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.87%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMVLX Smead Value Fund | 0.00% | 1.34% | 0.71% | 0.22% | 0.69% | 0.70% | 0.00% | 0.22% | 0.49% | 0.53% | 0.41% | 0.32% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SMVLX vs. SPY - Drawdown Comparison
The maximum SMVLX drawdown since its inception was -55.61%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SMVLX and SPY. For additional features, visit the drawdowns tool.
Volatility
SMVLX vs. SPY - Volatility Comparison
Smead Value Fund (SMVLX) has a higher volatility of 4.43% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that SMVLX'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.