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SPXN vs. IJR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPXN and IJR is 0.60, 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.


-0.50.00.51.00.6

Performance

SPXN vs. IJR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares S&P 500 Ex-Financials ETF (SPXN) and iShares Core S&P Small-Cap ETF (IJR). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%250.00%JulyAugustSeptemberOctoberNovemberDecember
269.59%
144.87%
SPXN
IJR

Key characteristics

Sharpe Ratio

SPXN:

2.08

IJR:

0.58

Sortino Ratio

SPXN:

2.77

IJR:

0.97

Omega Ratio

SPXN:

1.38

IJR:

1.12

Calmar Ratio

SPXN:

2.96

IJR:

0.97

Martin Ratio

SPXN:

12.78

IJR:

3.08

Ulcer Index

SPXN:

2.14%

IJR:

3.73%

Daily Std Dev

SPXN:

13.16%

IJR:

19.71%

Max Drawdown

SPXN:

-32.10%

IJR:

-58.15%

Current Drawdown

SPXN:

-2.49%

IJR:

-8.22%

Returns By Period

In the year-to-date period, SPXN achieves a 25.50% return, which is significantly higher than IJR's 9.20% return.


SPXN

YTD

25.50%

1M

0.40%

6M

7.64%

1Y

25.86%

5Y*

15.31%

10Y*

N/A

IJR

YTD

9.20%

1M

-3.40%

6M

11.37%

1Y

9.69%

5Y*

8.43%

10Y*

9.00%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SPXN vs. IJR - Expense Ratio Comparison

SPXN has a 0.27% expense ratio, which is higher than IJR's 0.07% 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%.


SPXN
ProShares S&P 500 Ex-Financials ETF
Expense ratio chart for SPXN: current value at 0.27% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.27%
Expense ratio chart for IJR: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Risk-Adjusted Performance

SPXN vs. IJR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares S&P 500 Ex-Financials ETF (SPXN) and iShares Core S&P Small-Cap ETF (IJR). 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.


Sharpe ratio
The chart of Sharpe ratio for SPXN, currently valued at 2.08, compared to the broader market0.002.004.002.080.58
The chart of Sortino ratio for SPXN, currently valued at 2.77, compared to the broader market-2.000.002.004.006.008.0010.002.770.97
The chart of Omega ratio for SPXN, currently valued at 1.38, compared to the broader market0.501.001.502.002.503.001.381.12
The chart of Calmar ratio for SPXN, currently valued at 2.96, compared to the broader market0.005.0010.0015.002.960.97
The chart of Martin ratio for SPXN, currently valued at 12.78, compared to the broader market0.0020.0040.0060.0080.00100.0012.783.08
SPXN
IJR

The current SPXN Sharpe Ratio is 2.08, which is higher than the IJR Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of SPXN and IJR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.08
0.58
SPXN
IJR

Dividends

SPXN vs. IJR - Dividend Comparison

SPXN's dividend yield for the trailing twelve months is around 0.79%, less than IJR's 2.04% yield.


TTM20232022202120202019201820172016201520142013
SPXN
ProShares S&P 500 Ex-Financials ETF
0.79%1.19%1.35%0.94%1.09%1.41%1.76%1.54%2.60%0.52%0.00%0.00%
IJR
iShares Core S&P Small-Cap ETF
2.04%1.31%1.41%1.53%1.11%1.44%1.58%1.20%1.21%1.48%1.23%1.00%

Drawdowns

SPXN vs. IJR - Drawdown Comparison

The maximum SPXN drawdown since its inception was -32.10%, smaller than the maximum IJR drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for SPXN and IJR. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.49%
-8.22%
SPXN
IJR

Volatility

SPXN vs. IJR - Volatility Comparison

The current volatility for ProShares S&P 500 Ex-Financials ETF (SPXN) is 3.59%, while iShares Core S&P Small-Cap ETF (IJR) has a volatility of 5.94%. This indicates that SPXN experiences smaller price fluctuations and is considered to be less risky than IJR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
3.59%
5.94%
SPXN
IJR
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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