SSGFX vs. SPY
Compare and contrast key facts about Sextant Growth Fund (SSGFX) and SPDR S&P 500 ETF (SPY).
SSGFX is managed by Sextant Mutual Funds. It was launched on Apr 1, 1987. 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: SSGFX or SPY.
Key characteristics
SSGFX | SPY | |
---|---|---|
YTD Return | 19.89% | 20.89% |
1Y Return | 30.54% | 31.53% |
3Y Return (Ann) | 7.72% | 11.11% |
5Y Return (Ann) | 14.78% | 15.61% |
10Y Return (Ann) | 12.06% | 13.08% |
Sharpe Ratio | 1.86 | 2.39 |
Daily Std Dev | 15.63% | 12.70% |
Max Drawdown | -48.53% | -55.19% |
Current Drawdown | -0.64% | 0.00% |
Correlation
The correlation between SSGFX and SPY is 0.86, 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
SSGFX vs. SPY - Performance Comparison
In the year-to-date period, SSGFX achieves a 19.89% return, which is significantly lower than SPY's 20.89% return. Over the past 10 years, SSGFX has underperformed SPY with an annualized return of 12.06%, while SPY has yielded a comparatively higher 13.08% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SSGFX vs. SPY - Expense Ratio Comparison
SSGFX has a 0.74% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SSGFX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sextant Growth Fund (SSGFX) 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
SSGFX vs. SPY - Dividend Comparison
SSGFX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.92%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Sextant Growth Fund | 0.00% | 0.00% | 2.59% | 8.85% | 0.58% | 2.83% | 5.10% | 5.74% | 3.65% | 8.92% | 5.57% | 9.90% |
SPDR S&P 500 ETF | 0.92% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SSGFX vs. SPY - Drawdown Comparison
The maximum SSGFX drawdown since its inception was -48.53%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SSGFX and SPY. For additional features, visit the drawdowns tool.
Volatility
SSGFX vs. SPY - Volatility Comparison
Sextant Growth Fund (SSGFX) has a higher volatility of 5.31% compared to SPDR S&P 500 ETF (SPY) at 4.18%. This indicates that SSGFX'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.