SPGTX vs. WFSPX

Last updated Jun 4, 2026

SPGTX (Symmetry Panoramic Tax-Managed Global Equity Fund) and WFSPX (iShares S&P 500 Index Fund) are both mutual funds - SPGTX is a Global Equities fund managed by BlackRock, while WFSPX is a S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, SPGTX returned 10.82%/yr vs 14.24%/yr for WFSPX. Their correlation of 0.90 suggests significant overlap in exposure. SPGTX charges 0.42%/yr vs 0.03%/yr for WFSPX.

Performance

SPGTX vs. WFSPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Symmetry Panoramic Tax-Managed Global Equity Fund (SPGTX) and iShares S&P 500 Index Fund (WFSPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPGTX achieves a 14.51% return, which is significantly higher than WFSPX's 11.69% return.

SPGTX

• 1D: 0.48%
• 1M: 5.20%
• YTD: 14.51%
• 6M: 15.94%
• 1Y: 30.99%
• 3Y*: 20.74%
• 5Y*: 10.82%
• 10Y*: —

WFSPX

• 1D: 0.13%
• 1M: 5.80%
• YTD: 11.69%
• 6M: 11.72%
• 1Y: 28.93%
• 3Y*: 22.71%
• 5Y*: 14.24%
• 10Y*: 15.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPGTX vs. WFSPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SPGTX Symmetry Panoramic Tax-Managed Global Equity Fund	14.51%	22.41%	10.43%	20.78%	-14.10%	19.43%	8.53%	24.65%	-6.33%
WFSPX iShares S&P 500 Index Fund	11.69%	17.83%	24.94%	26.25%	-18.14%	28.63%	18.43%	31.45%	-7.74%

Correlation

The correlation between SPGTX and WFSPX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Nov 13, 2018	0.90

The correlation between SPGTX and WFSPX has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.

Return for Risk

SPGTX vs. WFSPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPGTX

SPGTX Risk / Return Rank: 78
SPGTX Sharpe Ratio Rank: 81
SPGTX Sortino Ratio Rank: 75
SPGTX Omega Ratio Rank: 73
SPGTX Calmar Ratio Rank: 78
SPGTX Martin Ratio Rank: 82

WFSPX

WFSPX Risk / Return Rank: 73
WFSPX Sharpe Ratio Rank: 75
WFSPX Sortino Ratio Rank: 67
WFSPX Omega Ratio Rank: 67
WFSPX Calmar Ratio Rank: 74
WFSPX Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPGTX vs. WFSPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Symmetry Panoramic Tax-Managed Global Equity Fund (SPGTX) and iShares S&P 500 Index Fund (WFSPX). 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.

	SPGTX	WFSPX	Difference
Sharpe ratio: Return per unit of total volatility	2.66	2.52	+0.14
Sortino ratio: Return per unit of downside risk	3.65	3.42	+0.23
Omega ratio: Gain probability vs. loss probability	1.49	1.46	+0.03
Calmar ratio: Return relative to maximum drawdown	3.56	3.35	+0.21
Martin ratio: Return relative to average drawdown	15.28	15.65	-0.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPGTX vs. WFSPX - Sharpe Ratio Comparison

The current SPGTX Sharpe Ratio is 2.66, which is comparable to the WFSPX Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of SPGTX and WFSPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SPGTX	WFSPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.66	2.52	+0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.85	-0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.13	+0.63

Drawdowns

SPGTX vs. WFSPX - Drawdown Comparison

The maximum SPGTX drawdown since its inception was -35.10%, smaller than the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for SPGTX and WFSPX.

Drawdown Indicators

	SPGTX	WFSPX	Difference
Max Drawdown Largest peak-to-trough decline	-35.10%	-58.21%	+23.11%
Max Drawdown (1Y) Largest decline over 1 year	-8.85%	-8.90%	+0.05%
Max Drawdown (3Y) Largest decline over 3 years	-15.36%	-18.74%	+3.38%
Max Drawdown (5Y) Largest decline over 5 years	-23.61%	-24.51%	+0.90%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.74%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.99%	-12.77%	+7.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	1.90%	+0.16%

Volatility

SPGTX vs. WFSPX - Volatility Comparison

Symmetry Panoramic Tax-Managed Global Equity Fund (SPGTX) has a higher volatility of 3.56% compared to iShares S&P 500 Index Fund (WFSPX) at 2.82%. This indicates that SPGTX's price experiences larger fluctuations and is considered to be riskier than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPGTX	WFSPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.56%	2.82%	+0.74%
Volatility (6M) Calculated over the trailing 6-month period	9.29%	8.97%	+0.32%
Volatility (1Y) Calculated over the trailing 1-year period	11.88%	11.85%	+0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.89%	16.88%	-1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.42%	18.02%	-1.60%

SPGTX vs. WFSPX - Expense Ratio Comparison

SPGTX has a 0.42% expense ratio, which is higher than WFSPX's 0.03% expense ratio.

Dividends

SPGTX vs. WFSPX - Dividend Comparison

SPGTX's dividend yield for the trailing twelve months is around 3.16%, more than WFSPX's 1.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPGTX Symmetry Panoramic Tax-Managed Global Equity Fund	3.16%	3.62%	3.74%	2.12%	1.76%	1.56%	1.22%	1.24%	0.29%	0.00%	0.00%	0.00%
WFSPX iShares S&P 500 Index Fund	1.56%	1.72%	1.41%	1.50%	2.02%	1.82%	1.66%	1.99%	2.00%	1.62%	2.37%	2.49%

Frequently Asked Questions

Can I hold both SPGTX and WFSPX in my portfolio?

With a correlation of 0.92, SPGTX and WFSPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SPGTX or WFSPX?

SPGTX has higher volatility (3.56%) compared to WFSPX (2.82%). In terms of maximum drawdown, SPGTX dropped -35.10% vs WFSPX's -58.21%.

Which has better risk-adjusted returns?

SPGTX currently has the higher Sharpe Ratio (2.66 vs 2.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.