SPYX vs. CRM

Last updated Apr 2, 2026

Compare and contrast key facts about State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) and salesforce.com, inc. (CRM).

SPYX is a passively managed fund by State Street that tracks the performance of the S&P 500 Fossil Fuel Reserves Free Index. It was launched on Nov 30, 2015.

Performance

SPYX vs. CRM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) and salesforce.com, inc. (CRM). The values are adjusted to include any dividend payments, if applicable.

SPYX vs. CRM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF	-4.55%	17.87%	25.46%	26.38%	-19.59%	28.06%	19.87%	31.62%	-4.26%	23.25%
CRM salesforce.com, inc.	-29.70%	-20.25%	27.76%	98.46%	-47.83%	14.20%	36.82%	18.74%	33.98%	49.33%

Returns By Period

In the year-to-date period, SPYX achieves a -4.55% return, which is significantly higher than CRM's -29.70% return. Over the past 10 years, SPYX has outperformed CRM with an annualized return of 14.12%, while CRM has yielded a comparatively lower 9.55% annualized return.

SPYX

• 1D: 0.89%
• 1M: -4.60%
• YTD: -4.55%
• 6M: -2.36%
• 1Y: 17.63%
• 3Y*: 18.50%
• 5Y*: 11.41%
• 10Y*: 14.12%

CRM

• 1D: -0.23%
• 1M: -3.48%
• YTD: -29.70%
• 6M: -20.85%
• 1Y: -30.62%
• 3Y*: -1.92%
• 5Y*: -2.93%
• 10Y*: 9.55%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SPYX vs. CRM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPYX

SPYX Risk / Return Rank: 57
SPYX Sharpe Ratio Rank: 50
SPYX Sortino Ratio Rank: 54
SPYX Omega Ratio Rank: 57
SPYX Calmar Ratio Rank: 57
SPYX Martin Ratio Rank: 65

CRM

CRM Risk / Return Rank: 9
CRM Sharpe Ratio Rank: 7
CRM Sortino Ratio Rank: 9
CRM Omega Ratio Rank: 10
CRM Calmar Ratio Rank: 13
CRM Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPYX vs. CRM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) and salesforce.com, inc. (CRM). 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.

	SPYX	CRM	Difference
Sharpe ratio Return per unit of total volatility	0.95	-0.87	+1.82
Sortino ratio Return per unit of downside risk	1.47	-1.13	+2.60
Omega ratio Gain probability vs. loss probability	1.22	0.86	+0.36
Calmar ratio Return relative to maximum drawdown	1.53	-0.78	+2.31
Martin ratio Return relative to average drawdown	6.79	-1.65	+8.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPYX vs. CRM - Sharpe Ratio Comparison

The current SPYX Sharpe Ratio is 0.95, which is higher than the CRM Sharpe Ratio of -0.87. The chart below compares the historical Sharpe Ratios of SPYX and CRM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SPYX	CRM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.95	-0.87	+1.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	-0.08	+0.75
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	0.28	+0.51
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.46	+0.30

Correlation

The correlation between SPYX and CRM 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.

Dividends

SPYX vs. CRM - Dividend Comparison

SPYX's dividend yield for the trailing twelve months is around 0.97%, more than CRM's 0.89% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF	0.97%	0.91%	1.05%	1.21%	1.41%	1.04%	1.33%	1.56%	1.92%	1.68%	1.91%	0.16%
CRM salesforce.com, inc.	0.89%	0.63%	0.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SPYX vs. CRM - Drawdown Comparison

The maximum SPYX drawdown since its inception was -32.84%, smaller than the maximum CRM drawdown of -70.50%. Use the drawdown chart below to compare losses from any high point for SPYX and CRM.

Drawdown Indicators

	SPYX	CRM	Difference
Max Drawdown Largest peak-to-trough decline	-32.84%	-70.50%	+37.66%
Max Drawdown (1Y) Largest decline over 1 year	-11.82%	-38.51%	+26.69%
Max Drawdown (5Y) Largest decline over 5 years	-26.14%	-58.62%	+32.48%
Max Drawdown (10Y) Largest decline over 10 years	-32.84%	-58.62%	+25.78%
Current Drawdown Current decline from peak	-6.32%	-48.98%	+42.66%
Average Drawdown Average peak-to-trough decline	-4.59%	-15.83%	+11.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	18.29%	-15.63%

Volatility

SPYX vs. CRM - Volatility Comparison

The current volatility for State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) is 5.58%, while salesforce.com, inc. (CRM) has a volatility of 11.35%. This indicates that SPYX experiences smaller price fluctuations and is considered to be less risky than CRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPYX	CRM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.58%	11.35%	-5.77%
Volatility (6M) Calculated over the trailing 6-month period	9.74%	26.89%	-17.15%
Volatility (1Y) Calculated over the trailing 1-year period	18.65%	35.34%	-16.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.05%	36.01%	-18.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.99%	34.72%	-16.73%