USBOX vs. SPY
Compare and contrast key facts about Pear Tree Quality Fund (USBOX) and SPDR S&P 500 ETF (SPY).
USBOX is managed by Pear Tree Funds. It was launched on May 6, 1985. 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: USBOX or SPY.
Key characteristics
| USBOX | SPY | |
|---|---|---|
| YTD Return | 20.34% | 26.83% |
| 1Y Return | 21.40% | 34.88% |
| 3Y Return (Ann) | 0.44% | 10.16% |
| 5Y Return (Ann) | 4.01% | 15.71% |
| 10Y Return (Ann) | 3.23% | 13.33% |
| Sharpe Ratio | 1.92 | 3.08 |
| Sortino Ratio | 2.53 | 4.10 |
| Omega Ratio | 1.35 | 1.58 |
| Calmar Ratio | 1.32 | 4.46 |
| Martin Ratio | 12.28 | 20.22 |
| Ulcer Index | 1.90% | 1.85% |
| Daily Std Dev | 12.17% | 12.18% |
| Max Drawdown | -72.83% | -55.19% |
| Current Drawdown | -1.27% | -0.26% |
Correlation
The correlation between USBOX and SPY is 0.91, 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
USBOX vs. SPY - Performance Comparison
In the year-to-date period, USBOX achieves a 20.34% return, which is significantly lower than SPY's 26.83% return. Over the past 10 years, USBOX has underperformed SPY with an annualized return of 3.23%, while SPY has yielded a comparatively higher 13.33% 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.
USBOX vs. SPY - Expense Ratio Comparison
USBOX has a 1.16% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
USBOX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pear Tree Quality Fund (USBOX) 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.
Dividends
USBOX vs. SPY - Dividend Comparison
USBOX's dividend yield for the trailing twelve months is around 0.29%, less than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USBOX Pear Tree Quality Fund | 0.29% | 0.35% | 0.48% | 0.22% | 0.50% | 0.83% | 0.72% | 0.92% | 1.18% | 1.00% | 1.90% | 1.04% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
USBOX vs. SPY - Drawdown Comparison
The maximum USBOX drawdown since its inception was -72.83%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for USBOX and SPY. For additional features, visit the drawdowns tool.
Volatility
USBOX vs. SPY - Volatility Comparison
The current volatility for Pear Tree Quality Fund (USBOX) is 3.11%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.77%. This indicates that USBOX 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.