USSPX vs. SPY
Compare and contrast key facts about USAA 500 Index Fund (USSPX) and SPDR S&P 500 ETF (SPY).
USSPX is managed by Victory Capital. It was launched on May 1, 1996. 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: USSPX or SPY.
Correlation
The correlation between USSPX and SPY is 0.97, 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
USSPX vs. SPY - Performance Comparison
Key characteristics
USSPX:
0.18
SPY:
0.30
USSPX:
0.38
SPY:
0.56
USSPX:
1.06
SPY:
1.08
USSPX:
0.17
SPY:
0.31
USSPX:
0.70
SPY:
1.40
USSPX:
4.93%
SPY:
4.18%
USSPX:
19.31%
SPY:
19.64%
USSPX:
-55.39%
SPY:
-55.19%
USSPX:
-15.27%
SPY:
-13.86%
Returns By Period
The year-to-date returns for both investments are quite close, with USSPX having a -9.95% return and SPY slightly higher at -9.91%. Over the past 10 years, USSPX has underperformed SPY with an annualized return of 9.86%, while SPY has yielded a comparatively higher 11.59% annualized return.
USSPX
-9.95%
-6.81%
-11.43%
4.28%
12.15%
9.86%
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
USSPX vs. SPY - Expense Ratio Comparison
USSPX has a 0.24% expense ratio, which is higher than SPY's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
USSPX vs. SPY — Risk-Adjusted Performance Rank
USSPX
SPY
USSPX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA 500 Index Fund (USSPX) 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
USSPX vs. SPY - Dividend Comparison
USSPX's dividend yield for the trailing twelve months is around 1.14%, less than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USSPX USAA 500 Index Fund | 1.14% | 1.05% | 1.22% | 1.43% | 1.00% | 1.30% | 1.64% | 1.89% | 1.55% | 1.92% | 1.79% | 1.64% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
USSPX vs. SPY - Drawdown Comparison
The maximum USSPX drawdown since its inception was -55.39%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for USSPX and SPY. For additional features, visit the drawdowns tool.
Volatility
USSPX vs. SPY - Volatility Comparison
The current volatility for USAA 500 Index Fund (USSPX) is 13.69%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that USSPX 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.