SPYGX vs. SPY
Compare and contrast key facts about Spyglass Growth Fund (SPYGX) and SPDR S&P 500 ETF (SPY).
SPYGX is managed by Spyglass Capital Management. It was launched on Dec 29, 2017. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPYGX or SPY.
Correlation
The correlation between SPYGX and SPY is 0.77, 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
SPYGX vs. SPY - Performance Comparison
Key characteristics
SPYGX:
1.69
SPY:
2.12
SPYGX:
2.32
SPY:
2.83
SPYGX:
1.29
SPY:
1.40
SPYGX:
0.86
SPY:
3.15
SPYGX:
6.81
SPY:
13.87
SPYGX:
5.76%
SPY:
1.91%
SPYGX:
23.22%
SPY:
12.51%
SPYGX:
-63.69%
SPY:
-55.19%
SPYGX:
-18.51%
SPY:
-1.78%
Returns By Period
In the year-to-date period, SPYGX achieves a 40.78% return, which is significantly higher than SPY's 26.79% return.
SPYGX
40.78%
-5.10%
36.56%
39.06%
7.68%
N/A
SPY
26.79%
-0.30%
10.04%
26.42%
14.75%
13.08%
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SPYGX vs. SPY - Expense Ratio Comparison
SPYGX has a 1.05% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SPYGX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Spyglass Growth Fund (SPYGX) 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
SPYGX vs. SPY - Dividend Comparison
SPYGX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYGX Spyglass Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SPYGX vs. SPY - Drawdown Comparison
The maximum SPYGX drawdown since its inception was -63.69%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SPYGX and SPY. For additional features, visit the drawdowns tool.
Volatility
SPYGX vs. SPY - Volatility Comparison
Spyglass Growth Fund (SPYGX) has a higher volatility of 8.38% compared to SPDR S&P 500 ETF (SPY) at 4.07%. This indicates that SPYGX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.