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.
Correlation
The correlation between SPXC and SPXT is 0.79, 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
SPXC vs. SPXT - Performance Comparison
Key characteristics
SPXC:
0.27
SPXT:
0.57
SPXC:
0.67
SPXT:
0.89
SPXC:
1.08
SPXT:
1.13
SPXC:
0.33
SPXT:
0.59
SPXC:
0.76
SPXT:
2.54
SPXC:
14.65%
SPXT:
3.63%
SPXC:
41.57%
SPXT:
16.30%
SPXC:
-81.12%
SPXT:
-34.38%
SPXC:
-26.29%
SPXT:
-8.24%
Returns By Period
In the year-to-date period, SPXC achieves a -8.04% return, which is significantly lower than SPXT's -2.77% return.
SPXC
-8.04%
-1.66%
-14.89%
11.61%
30.78%
20.19%
SPXT
-2.77%
-3.72%
-1.45%
9.92%
13.65%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
SPXC vs. SPXT — Risk-Adjusted Performance Rank
SPXC
SPXT
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 1.41%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPXC SPX Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.02% | 6.93% |
SPXT ProShares S&P 500 Ex-Technology ETF | 1.41% | 1.29% | 1.53% | 1.86% | 1.15% | 1.64% | 1.63% | 2.03% | 1.55% | 2.35% | 0.56% | 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 17.02% compared to ProShares S&P 500 Ex-Technology ETF (SPXT) at 12.16%. 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.