SPX4.L vs. BSMIX
Compare and contrast key facts about SPDR S&P 400 US Mid Cap UCITS ETF (SPX4.L) and iShares Russell Small/Mid-Cap Index Fund (BSMIX).
SPX4.L is a passively managed fund by State Street that tracks the performance of the Russell Mid Cap TR USD. It was launched on Jan 30, 2012. BSMIX is managed by Blackrock. It was launched on Aug 13, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPX4.L or BSMIX.
Key characteristics
| SPX4.L | BSMIX | |
|---|---|---|
| YTD Return | 8.87% | 4.18% |
| 1Y Return | 24.28% | 21.74% |
| Sharpe Ratio | 0.73 | 1.25 |
| Daily Std Dev | 32.39% | 17.25% |
| Max Drawdown | -19.95% | -41.32% |
| Current Drawdown | -4.36% | -5.66% |
Correlation
The correlation between SPX4.L and BSMIX is 0.69, 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
SPX4.L vs. BSMIX - Performance Comparison
In the year-to-date period, SPX4.L achieves a 8.87% return, which is significantly higher than BSMIX's 4.18% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPX4.L vs. BSMIX - Expense Ratio Comparison
SPX4.L has a 0.30% expense ratio, which is higher than BSMIX's 0.12% expense ratio.
Risk-Adjusted Performance
SPX4.L vs. BSMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 400 US Mid Cap UCITS ETF (SPX4.L) and iShares Russell Small/Mid-Cap Index Fund (BSMIX). 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
SPX4.L vs. BSMIX - Dividend Comparison
SPX4.L has not paid dividends to shareholders, while BSMIX's dividend yield for the trailing twelve months is around 1.30%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPX4.L SPDR S&P 400 US Mid Cap UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BSMIX iShares Russell Small/Mid-Cap Index Fund | 1.30% | 1.39% | 4.94% | 4.77% | 4.42% | 2.83% | 4.33% | 2.83% | 1.45% | 0.61% |
Drawdowns
SPX4.L vs. BSMIX - Drawdown Comparison
The maximum SPX4.L drawdown since its inception was -19.95%, smaller than the maximum BSMIX drawdown of -41.32%. Use the drawdown chart below to compare losses from any high point for SPX4.L and BSMIX. For additional features, visit the drawdowns tool.
Volatility
SPX4.L vs. BSMIX - Volatility Comparison
SPDR S&P 400 US Mid Cap UCITS ETF (SPX4.L) has a higher volatility of 4.80% compared to iShares Russell Small/Mid-Cap Index Fund (BSMIX) at 4.18%. This indicates that SPX4.L's price experiences larger fluctuations and is considered to be riskier than BSMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.