SPXC vs. SPXT
Compare and contrast key facts about SPX Corporation (SPXC) and ProShares S&P 500 Ex-Technology ETF (SPXT).
SPXT is a passively managed fund by ProShares that tracks the performance of the S&P 500 Ex-Information Technology & Telecommunication Services Index. It was launched on Sep 22, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPXC or SPXT.
Key characteristics
| SPXC | SPXT | |
|---|---|---|
| YTD Return | 67.40% | 22.97% |
| 1Y Return | 102.82% | 35.77% |
| 3Y Return (Ann) | 35.63% | 7.53% |
| 5Y Return (Ann) | 29.59% | 12.26% |
| Sharpe Ratio | 3.03 | 3.36 |
| Sortino Ratio | 3.37 | 4.56 |
| Omega Ratio | 1.48 | 1.62 |
| Calmar Ratio | 6.13 | 3.32 |
| Martin Ratio | 19.63 | 24.81 |
| Ulcer Index | 5.14% | 1.39% |
| Daily Std Dev | 33.29% | 10.25% |
| Max Drawdown | -81.12% | -34.38% |
| Current Drawdown | -1.54% | 0.00% |
Correlation
The correlation between SPXC and SPXT is 0.49, 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
SPXC vs. SPXT - Performance Comparison
In the year-to-date period, SPXC achieves a 67.40% return, which is significantly higher than SPXT's 22.97% 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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Risk-Adjusted Performance
SPXC vs. SPXT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPX Corporation (SPXC) and ProShares S&P 500 Ex-Technology ETF (SPXT). 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
SPXC vs. SPXT - Dividend Comparison
SPXC has not paid dividends to shareholders, while SPXT's dividend yield for the trailing twelve months is around 1.43%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPXC SPX Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.02% | 1.75% | 1.00% |
SPXT ProShares S&P 500 Ex-Technology ETF | 1.43% | 1.53% | 1.86% | 1.15% | 1.64% | 1.63% | 2.03% | 1.55% | 2.35% | 0.56% | 0.00% | 0.00% |
Drawdowns
SPXC vs. SPXT - Drawdown Comparison
The maximum SPXC drawdown since its inception was -81.12%, which is greater than SPXT's maximum drawdown of -34.38%. Use the drawdown chart below to compare losses from any high point for SPXC and SPXT. For additional features, visit the drawdowns tool.
Volatility
SPXC vs. SPXT - Volatility Comparison
SPX Corporation (SPXC) has a higher volatility of 14.86% compared to ProShares S&P 500 Ex-Technology ETF (SPXT) at 3.53%. This indicates that SPXC's price experiences larger fluctuations and is considered to be riskier than SPXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.