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SPYV vs. SVAL

Last updated Mar 1, 2024

Compare and contrast key facts about SPDR Portfolio S&P 500 Value ETF (SPYV) and iShares US Small Cap Value Factor ETF (SVAL).

SPYV and SVAL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPYV is a passively managed fund by State Street that tracks the performance of the S&P 500 Value. It was launched on Sep 25, 2000. SVAL is a passively managed fund by iShares that tracks the performance of the Russell 2000 Focused Value Select Index. It was launched on Oct 27, 2020. Both SPYV and SVAL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPYV or SVAL.

Key characteristics


SPYVSVAL
YTD Return3.20%-4.16%
1Y Return22.06%1.49%
3Y Return (Ann)11.91%2.21%
Sharpe Ratio1.750.07
Daily Std Dev12.29%23.25%
Max Drawdown-58.45%-25.29%
Current Drawdown-0.21%-6.44%

Correlation

0.82
-1.001.00

The correlation between SPYV and SVAL is 0.82, 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.

SPYV vs. SVAL - Performance Comparison

In the year-to-date period, SPYV achieves a 3.20% return, which is significantly higher than SVAL's -4.16% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


40.00%50.00%60.00%70.00%80.00%OctoberNovemberDecember2024February
74.04%
64.71%
SPYV
SVAL

Compare stocks, funds, or ETFs


SPDR Portfolio S&P 500 Value ETF

iShares US Small Cap Value Factor ETF

SPYV vs. SVAL - Dividend Comparison

SPYV's dividend yield for the trailing twelve months is around 1.69%, less than SVAL's 2.35% yield.


TTM20232022202120202019201820172016201520142013
SPYV
SPDR Portfolio S&P 500 Value ETF
1.69%1.75%2.22%2.10%2.38%2.25%2.97%2.77%2.39%2.53%2.19%1.96%
SVAL
iShares US Small Cap Value Factor ETF
2.35%2.25%2.09%2.33%0.28%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

SPYV vs. SVAL - Expense Ratio Comparison

SPYV has a 0.04% expense ratio, which is lower than SVAL's 0.20% expense ratio.

0.20%
0.00%2.15%
0.04%
0.00%2.15%

SPYV vs. SVAL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 500 Value ETF (SPYV) and iShares US Small Cap Value Factor ETF (SVAL). 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
SPYV
SPDR Portfolio S&P 500 Value ETF
1.75
SVAL
iShares US Small Cap Value Factor ETF
0.07

SPYV vs. SVAL - Sharpe Ratio Comparison

The current SPYV Sharpe Ratio is 1.75, which is higher than the SVAL Sharpe Ratio of 0.07. The chart below compares the 12-month rolling Sharpe Ratio of SPYV and SVAL.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50OctoberNovemberDecember2024February
1.75
0.07
SPYV
SVAL

SPYV vs. SVAL - Drawdown Comparison

The maximum SPYV drawdown since its inception was -58.45%, which is greater than SVAL's maximum drawdown of -25.29%. The drawdown chart below compares losses from any high point along the way for SPYV and SVAL


-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024February
-0.21%
-6.44%
SPYV
SVAL

SPYV vs. SVAL - Volatility Comparison

The current volatility for SPDR Portfolio S&P 500 Value ETF (SPYV) is 2.95%, while iShares US Small Cap Value Factor ETF (SVAL) has a volatility of 8.12%. This indicates that SPYV experiences smaller price fluctuations and is considered to be less risky than SVAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%9.00%OctoberNovemberDecember2024February
2.95%
8.12%
SPYV
SVAL