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.
Key characteristics
| SVARX | BIL | |
|---|---|---|
| YTD Return | 2.81% | 4.53% |
| 1Y Return | 11.07% | 5.28% |
| 3Y Return (Ann) | 2.56% | 3.63% |
| 5Y Return (Ann) | 7.34% | 2.26% |
| 10Y Return (Ann) | 6.81% | 1.55% |
| Sharpe Ratio | 2.54 | 20.36 |
| Sortino Ratio | 4.13 | 273.01 |
| Omega Ratio | 1.71 | 158.62 |
| Calmar Ratio | 3.37 | 482.85 |
| Martin Ratio | 10.06 | 4,446.78 |
| Ulcer Index | 1.12% | 0.00% |
| Daily Std Dev | 4.46% | 0.26% |
| Max Drawdown | -6.48% | -0.77% |
| Current Drawdown | -1.36% | -0.01% |
Correlation
The correlation between SVARX and BIL is 0.02, 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
In the year-to-date period, SVARX achieves a 2.81% return, which is significantly lower than BIL's 4.53% return. Over the past 10 years, SVARX has outperformed BIL with an annualized return of 6.81%, while BIL has yielded a comparatively lower 1.55% 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.
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 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 7.02%, more than BIL's 5.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SVARX Spectrum Low Volatility Fund | 7.02% | 3.35% | 0.00% | 5.70% | 0.71% | 3.38% | 2.41% | 4.79% | 6.68% | 3.02% | 2.82% | 0.18% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 5.15% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% | 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 0.84% compared to SPDR Barclays 1-3 Month T-Bill ETF (BIL) at 0.08%. 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.