SPBC vs. SPY
Compare and contrast key facts about Simplify US Equity PLUS GBTC ETF (SPBC) and SPDR S&P 500 ETF (SPY).
SPBC and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPBC is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 24, 2021. 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: SPBC or SPY.
Correlation
The correlation between SPBC and SPY is 0.90, 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
SPBC vs. SPY - Performance Comparison
Key characteristics
SPBC:
0.74
SPY:
0.56
SPBC:
1.17
SPY:
0.92
SPBC:
1.16
SPY:
1.14
SPBC:
0.77
SPY:
0.59
SPBC:
2.93
SPY:
2.32
SPBC:
5.55%
SPY:
4.80%
SPBC:
22.04%
SPY:
20.01%
SPBC:
-33.81%
SPY:
-55.19%
SPBC:
-8.19%
SPY:
-8.17%
Returns By Period
In the year-to-date period, SPBC achieves a -3.27% return, which is significantly higher than SPY's -3.97% return.
SPBC
-3.27%
14.40%
-1.73%
14.51%
N/A
N/A
SPY
-3.97%
11.26%
-4.45%
9.89%
15.66%
12.19%
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SPBC vs. SPY - Expense Ratio Comparison
SPBC has a 0.50% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SPBC vs. SPY — Risk-Adjusted Performance Rank
SPBC
SPY
SPBC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify US Equity PLUS GBTC ETF (SPBC) 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
SPBC vs. SPY - Dividend Comparison
SPBC's dividend yield for the trailing twelve months is around 0.97%, less than SPY's 1.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPBC Simplify US Equity PLUS GBTC ETF | 0.97% | 0.98% | 3.79% | 0.60% | 1.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.28% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SPBC vs. SPY - Drawdown Comparison
The maximum SPBC drawdown since its inception was -33.81%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SPBC and SPY. For additional features, visit the drawdowns tool.
Volatility
SPBC vs. SPY - Volatility Comparison
The current volatility for Simplify US Equity PLUS GBTC ETF (SPBC) is 11.73%, while SPDR S&P 500 ETF (SPY) has a volatility of 12.55%. This indicates that SPBC 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.