SPMD.L vs. SPY
Compare and contrast key facts about iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Dist) (SPMD.L) and SPDR S&P 500 ETF (SPY).
SPMD.L and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPMD.L is a passively managed fund by iShares that tracks the performance of the Russell 1000 TR USD. It was launched on Feb 21, 2018. 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 SPMD.L 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: SPMD.L or SPY.
Correlation
The correlation between SPMD.L and SPY is 0.54, 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
SPMD.L vs. SPY - Performance Comparison
Key characteristics
SPMD.L:
1.82
SPY:
1.88
SPMD.L:
2.56
SPY:
2.53
SPMD.L:
1.32
SPY:
1.35
SPMD.L:
2.73
SPY:
2.83
SPMD.L:
8.94
SPY:
11.74
SPMD.L:
1.98%
SPY:
2.02%
SPMD.L:
9.74%
SPY:
12.64%
SPMD.L:
-33.34%
SPY:
-55.19%
SPMD.L:
-0.18%
SPY:
-0.42%
Returns By Period
The year-to-date returns for both stocks are quite close, with SPMD.L having a 4.24% return and SPY slightly lower at 4.15%.
SPMD.L
4.24%
2.48%
6.06%
19.30%
9.27%
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPMD.L vs. SPY - Expense Ratio Comparison
SPMD.L has a 0.20% 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
SPMD.L vs. SPY — Risk-Adjusted Performance Rank
SPMD.L
SPY
SPMD.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Dist) (SPMD.L) 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
SPMD.L vs. SPY - Dividend Comparison
SPMD.L's dividend yield for the trailing twelve months is around 1.23%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPMD.L iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Dist) | 1.23% | 1.28% | 1.46% | 1.35% | 1.27% | 1.54% | 1.52% | 1.13% | 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
SPMD.L vs. SPY - Drawdown Comparison
The maximum SPMD.L drawdown since its inception was -33.34%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SPMD.L and SPY. For additional features, visit the drawdowns tool.
Volatility
SPMD.L vs. SPY - Volatility Comparison
The current volatility for iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Dist) (SPMD.L) is 2.70%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.88%. This indicates that SPMD.L 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.