TVDAX vs. SPXT
Compare and contrast key facts about Guggenheim RBP Large-Cap Defensive Fund (TVDAX) and ProShares S&P 500 Ex-Technology ETF (SPXT).
TVDAX is managed by Guggenheim. It was launched on Apr 27, 2010. SPXT is a passively managed fund by ProShares that tracks the performance of the S&P 500 Ex-Information Technology & Telecommunication Services Index. It was launched on Sep 22, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TVDAX or SPXT.
Key characteristics
| TVDAX | SPXT | |
|---|---|---|
| YTD Return | 22.18% | 22.97% |
| 1Y Return | 31.48% | 35.77% |
| 3Y Return (Ann) | -2.78% | 7.53% |
| 5Y Return (Ann) | 2.00% | 12.26% |
| Sharpe Ratio | 2.85 | 3.36 |
| Sortino Ratio | 3.89 | 4.56 |
| Omega Ratio | 1.55 | 1.62 |
| Calmar Ratio | 0.90 | 3.32 |
| Martin Ratio | 17.40 | 24.81 |
| Ulcer Index | 1.74% | 1.39% |
| Daily Std Dev | 10.64% | 10.25% |
| Max Drawdown | -49.72% | -34.38% |
| Current Drawdown | -12.70% | 0.00% |
Correlation
The correlation between TVDAX and SPXT is 0.74, 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.
Performance
TVDAX vs. SPXT - Performance Comparison
The year-to-date returns for both investments are quite close, with TVDAX having a 22.18% return and SPXT slightly higher at 22.97%. 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.
TVDAX vs. SPXT - Expense Ratio Comparison
TVDAX has a 1.20% expense ratio, which is higher than SPXT's 0.27% expense ratio.
Risk-Adjusted Performance
TVDAX vs. SPXT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim RBP Large-Cap Defensive Fund (TVDAX) and ProShares S&P 500 Ex-Technology ETF (SPXT). 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
TVDAX vs. SPXT - Dividend Comparison
TVDAX's dividend yield for the trailing twelve months is around 7.30%, more than SPXT's 1.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TVDAX Guggenheim RBP Large-Cap Defensive Fund | 7.30% | 0.18% | 0.12% | 0.00% | 0.28% | 0.48% | 0.39% | 0.33% | 0.23% | 0.49% | 0.68% | 0.08% |
SPXT ProShares S&P 500 Ex-Technology ETF | 1.43% | 1.53% | 1.86% | 1.15% | 1.64% | 1.63% | 2.03% | 1.55% | 2.35% | 0.56% | 0.00% | 0.00% |
Drawdowns
TVDAX vs. SPXT - Drawdown Comparison
The maximum TVDAX drawdown since its inception was -49.72%, which is greater than SPXT's maximum drawdown of -34.38%. Use the drawdown chart below to compare losses from any high point for TVDAX and SPXT. For additional features, visit the drawdowns tool.
Volatility
TVDAX vs. SPXT - Volatility Comparison
The current volatility for Guggenheim RBP Large-Cap Defensive Fund (TVDAX) is 1.61%, while ProShares S&P 500 Ex-Technology ETF (SPXT) has a volatility of 3.53%. This indicates that TVDAX experiences smaller price fluctuations and is considered to be less risky than SPXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.