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:
1.84
SPY:
2.21
STSEX:
2.41
SPY:
2.93
STSEX:
1.34
SPY:
1.41
STSEX:
2.85
SPY:
3.26
STSEX:
12.26
SPY:
14.43
STSEX:
1.60%
SPY:
1.90%
STSEX:
10.68%
SPY:
12.41%
STSEX:
-49.89%
SPY:
-55.19%
STSEX:
-2.79%
SPY:
-2.74%
Returns By Period
In the year-to-date period, STSEX achieves a 17.55% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, STSEX has underperformed SPY with an annualized return of 11.71%, while SPY has yielded a comparatively higher 12.97% annualized return.
STSEX
17.55%
-0.39%
2.38%
18.25%
13.94%
11.71%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 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 0.91%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STSEX BlackRock Exchange Portfolio | 0.91% | 1.07% | 1.22% | 1.01% | 1.33% | 1.40% | 1.73% | 1.67% | 1.95% | 1.94% | 2.43% | 1.65% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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 3.51%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.72%. 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.