Correlation
The correlation between TBLRX and SPY is 0.96, 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.
TBLRX vs. SPY
Compare and contrast key facts about Transamerica Balanced II (TBLRX) and SPDR S&P 500 ETF (SPY).
TBLRX is managed by Transamerica. It was launched on Jul 4, 1994. 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: TBLRX or SPY.
Performance
TBLRX vs. SPY - Performance Comparison
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Key characteristics
TBLRX:
-0.19
SPY:
0.70
TBLRX:
-0.19
SPY:
1.02
TBLRX:
0.96
SPY:
1.15
TBLRX:
-0.18
SPY:
0.68
TBLRX:
-0.39
SPY:
2.57
TBLRX:
9.70%
SPY:
4.93%
TBLRX:
16.16%
SPY:
20.42%
TBLRX:
-26.72%
SPY:
-55.19%
TBLRX:
-13.06%
SPY:
-3.55%
Returns By Period
In the year-to-date period, TBLRX achieves a 1.24% return, which is significantly higher than SPY's 0.87% return.
TBLRX
1.24%
3.14%
-12.49%
-3.65%
2.27%
2.59%
N/A
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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TBLRX vs. SPY - Expense Ratio Comparison
TBLRX has a 1.07% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
TBLRX vs. SPY — Risk-Adjusted Performance Rank
TBLRX
SPY
TBLRX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica Balanced II (TBLRX) 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.
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Dividends
TBLRX vs. SPY - Dividend Comparison
TBLRX's dividend yield for the trailing twelve months is around 14.73%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TBLRX Transamerica Balanced II | 14.73% | 14.76% | 3.31% | 5.67% | 9.15% | 4.58% | 3.60% | 4.50% | 0.69% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
TBLRX vs. SPY - Drawdown Comparison
The maximum TBLRX drawdown since its inception was -26.72%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TBLRX and SPY.
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Volatility
TBLRX vs. SPY - Volatility Comparison
The current volatility for Transamerica Balanced II (TBLRX) is 3.18%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.86%. This indicates that TBLRX 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.
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