STSEX vs. SPY
Compare and contrast key facts about BlackRock Exchange Portfolio (STSEX) and SPDR S&P 500 ETF (SPY).
STSEX is managed by Blackrock. It was launched on Dec 17, 1976. 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: STSEX or SPY.
Correlation
The correlation between STSEX and SPY is 0.92, 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
STSEX vs. SPY - Performance Comparison
Key characteristics
STSEX:
0.40
SPY:
0.30
STSEX:
0.66
SPY:
0.56
STSEX:
1.10
SPY:
1.08
STSEX:
0.53
SPY:
0.31
STSEX:
2.37
SPY:
1.40
STSEX:
2.55%
SPY:
4.18%
STSEX:
15.06%
SPY:
19.64%
STSEX:
-49.89%
SPY:
-55.19%
STSEX:
-6.05%
SPY:
-13.86%
Returns By Period
In the year-to-date period, STSEX achieves a -1.38% return, which is significantly higher than SPY's -9.91% return. Both investments have delivered pretty close results over the past 10 years, with STSEX having a 11.61% annualized return and SPY not far behind at 11.59%.
STSEX
-1.38%
-3.19%
-3.62%
6.81%
15.19%
11.61%
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
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STSEX vs. SPY - Expense Ratio Comparison
STSEX has a 0.81% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
STSEX vs. SPY — Risk-Adjusted Performance Rank
STSEX
SPY
STSEX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Exchange Portfolio (STSEX) 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
STSEX vs. SPY - Dividend Comparison
STSEX's dividend yield for the trailing twelve months is around 0.94%, less than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STSEX BlackRock Exchange Portfolio | 0.94% | 0.93% | 1.07% | 1.22% | 1.01% | 1.33% | 1.40% | 1.73% | 1.67% | 1.95% | 1.94% | 2.43% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
STSEX vs. SPY - Drawdown Comparison
The maximum STSEX drawdown since its inception was -49.89%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for STSEX and SPY. For additional features, visit the drawdowns tool.
Volatility
STSEX vs. SPY - Volatility Comparison
The current volatility for BlackRock Exchange Portfolio (STSEX) is 10.51%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that STSEX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.