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 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SVARX vs. SPLV - Performance Comparison
Key characteristics
SVARX:
1.54
SPLV:
1.04
SVARX:
2.24
SPLV:
1.44
SVARX:
1.31
SPLV:
1.21
SVARX:
1.58
SPLV:
1.49
SVARX:
4.28
SPLV:
4.73
SVARX:
0.90%
SPLV:
2.86%
SVARX:
2.51%
SPLV:
13.05%
SVARX:
-6.48%
SPLV:
-36.26%
SVARX:
-0.93%
SPLV:
-4.28%
Returns By Period
In the year-to-date period, SVARX achieves a 0.64% return, which is significantly lower than SPLV's 2.93% return. Over the past 10 years, SVARX has underperformed SPLV with an annualized return of 6.50%, while SPLV has yielded a comparatively higher 9.01% annualized return.
SVARX
0.64%
-0.25%
0.72%
3.76%
6.41%
6.50%
SPLV
2.93%
-3.14%
1.23%
14.14%
9.62%
9.01%
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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 7.11%, more than SPLV's 1.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SVARX Spectrum Low Volatility Fund | 7.11% | 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 | 1.76% | 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 0.78%, while Invesco S&P 500® Low Volatility ETF (SPLV) has a volatility of 8.70%. 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.