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:
-0.46
SPY:
0.61
SMVLX:
-0.54
SPY:
0.89
SMVLX:
0.94
SPY:
1.12
SMVLX:
-0.48
SPY:
0.84
SMVLX:
-1.35
SPY:
2.86
SMVLX:
5.11%
SPY:
2.96%
SMVLX:
14.79%
SPY:
13.89%
SMVLX:
-55.61%
SPY:
-55.19%
SMVLX:
-11.31%
SPY:
-9.07%
Returns By Period
In the year-to-date period, SMVLX achieves a -4.05% return, which is significantly higher than SPY's -4.91% return. Over the past 10 years, SMVLX has underperformed SPY with an annualized return of 7.19%, while SPY has yielded a comparatively higher 12.37% annualized return.
SMVLX
-4.05%
-3.92%
-9.09%
-9.25%
18.27%
7.19%
SPY
-4.91%
-6.20%
-2.15%
7.58%
18.40%
12.37%
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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 Rank
SMVLX
SPY
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's dividend yield for the trailing twelve months is around 1.13%, less than SPY's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMVLX Smead Value Fund | 1.13% | 1.08% | 1.34% | 0.71% | 0.22% | 0.69% | 0.70% | 0.00% | 0.22% | 0.49% | 0.53% | 0.41% |
SPY SPDR S&P 500 ETF | 1.29% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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
The current volatility for Smead Value Fund (SMVLX) is 5.37%, while SPDR S&P 500 ETF (SPY) has a volatility of 6.20%. This indicates that SMVLX 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.