SVARX vs. SPLV
Compare and contrast key facts about Spectrum Low Volatility Fund (SVARX) and Invesco S&P 500® Low Volatility ETF (SPLV).
SVARX is managed by Advisors Preferred. It was launched on Dec 15, 2013. SPLV is a passively managed fund by Invesco that tracks the performance of the S&P 500 Low Volatility Index. It was launched on May 5, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SVARX or SPLV.
Correlation
The correlation between SVARX and SPLV is 0.29, 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. SPLV - Performance Comparison
Key characteristics
SVARX:
1.01
SPLV:
1.51
SVARX:
1.47
SPLV:
2.08
SVARX:
1.26
SPLV:
1.26
SVARX:
1.43
SPLV:
1.81
SVARX:
2.83
SPLV:
5.99
SVARX:
1.26%
SPLV:
2.60%
SVARX:
3.53%
SPLV:
10.34%
SVARX:
-6.48%
SPLV:
-36.26%
SVARX:
-0.64%
SPLV:
-1.10%
Returns By Period
In the year-to-date period, SVARX achieves a 0.93% return, which is significantly lower than SPLV's 6.35% return. Over the past 10 years, SVARX has underperformed SPLV with an annualized return of 6.61%, while SPLV has yielded a comparatively higher 9.15% annualized return.
SVARX
0.93%
-0.25%
-0.29%
1.69%
6.66%
6.61%
SPLV
6.35%
0.63%
4.99%
16.17%
13.03%
9.15%
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SVARX vs. SPLV - Expense Ratio Comparison
SVARX has a 2.34% expense ratio, which is higher than SPLV's 0.25% expense ratio.
Risk-Adjusted Performance
SVARX vs. SPLV — Risk-Adjusted Performance Rank
SVARX
SPLV
SVARX vs. SPLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Spectrum Low Volatility Fund (SVARX) and Invesco S&P 500® Low Volatility ETF (SPLV). 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. SPLV - Dividend Comparison
SVARX's dividend yield for the trailing twelve months is around 8.42%, more than SPLV's 1.70% 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% |
SPLV Invesco S&P 500® Low Volatility ETF | 1.70% | 1.88% | 2.45% | 2.11% | 1.51% | 2.12% | 2.08% | 2.18% | 2.03% | 2.03% | 2.28% | 2.20% |
Drawdowns
SVARX vs. SPLV - Drawdown Comparison
The maximum SVARX drawdown since its inception was -6.48%, smaller than the maximum SPLV drawdown of -36.26%. Use the drawdown chart below to compare losses from any high point for SVARX and SPLV. For additional features, visit the drawdowns tool.
Volatility
SVARX vs. SPLV - Volatility Comparison
The current volatility for Spectrum Low Volatility Fund (SVARX) is 0.45%, while Invesco S&P 500® Low Volatility ETF (SPLV) has a volatility of 3.68%. This indicates that SVARX experiences smaller price fluctuations and is considered to be less risky than SPLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.