SVARX vs. BIL
Compare and contrast key facts about Spectrum Low Volatility Fund (SVARX) and SPDR Barclays 1-3 Month T-Bill ETF (BIL).
SVARX is managed by Advisors Preferred. It was launched on Dec 15, 2013. BIL is a passively managed fund by State Street that tracks the performance of the Barclays Capital U.S. 1-3 Month Treasury Bill Index. It was launched on May 25, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SVARX or BIL.
Correlation
The correlation between SVARX and BIL is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SVARX vs. BIL - Performance Comparison
Key characteristics
SVARX:
0.56
BIL:
20.93
SVARX:
0.71
BIL:
254.54
SVARX:
1.13
BIL:
147.96
SVARX:
0.68
BIL:
450.88
SVARX:
1.99
BIL:
4,138.82
SVARX:
0.85%
BIL:
0.00%
SVARX:
3.02%
BIL:
0.24%
SVARX:
-6.48%
BIL:
-0.77%
SVARX:
-0.64%
BIL:
0.00%
Returns By Period
In the year-to-date period, SVARX achieves a 0.93% return, which is significantly lower than BIL's 1.08% return. Over the past 10 years, SVARX has outperformed BIL with an annualized return of 6.54%, while BIL has yielded a comparatively lower 1.73% annualized return.
SVARX
0.93%
-0.04%
0.10%
3.60%
6.72%
6.54%
BIL
1.08%
0.32%
2.19%
4.86%
2.49%
1.73%
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SVARX vs. BIL - Expense Ratio Comparison
SVARX has a 2.34% expense ratio, which is higher than BIL's 0.14% expense ratio.
Risk-Adjusted Performance
SVARX vs. BIL — Risk-Adjusted Performance Rank
SVARX
BIL
SVARX vs. BIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Spectrum Low Volatility Fund (SVARX) and SPDR Barclays 1-3 Month T-Bill ETF (BIL). 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
SVARX vs. BIL - Dividend Comparison
SVARX's dividend yield for the trailing twelve months is around 8.42%, more than BIL's 4.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SVARX Spectrum Low Volatility Fund | 8.42% | 8.49% | 3.35% | 0.00% | 5.70% | 0.71% | 3.38% | 2.41% | 4.79% | 6.68% | 3.02% | 2.82% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.77% | 5.03% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% | 0.00% |
Drawdowns
SVARX vs. BIL - Drawdown Comparison
The maximum SVARX drawdown since its inception was -6.48%, which is greater than BIL's maximum drawdown of -0.77%. Use the drawdown chart below to compare losses from any high point for SVARX and BIL. For additional features, visit the drawdowns tool.
Volatility
SVARX vs. BIL - Volatility Comparison
Spectrum Low Volatility Fund (SVARX) has a higher volatility of 0.40% compared to SPDR Barclays 1-3 Month T-Bill ETF (BIL) at 0.05%. This indicates that SVARX's price experiences larger fluctuations and is considered to be riskier than BIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.