Correlation
The correlation between UTWY and SPY is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
UTWY vs. SPY
Compare and contrast key facts about US Treasury 20 Year Bond ETF (UTWY) and SPDR S&P 500 ETF (SPY).
UTWY and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UTWY is a passively managed fund by US Benchmark Series that tracks the performance of the ICE BofA Current US Treasury (20 Y). It was launched on Mar 27, 2023. 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. Both UTWY and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UTWY or SPY.
Performance
UTWY vs. SPY - Performance Comparison
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Key characteristics
UTWY:
0.12
SPY:
0.70
UTWY:
0.22
SPY:
1.02
UTWY:
1.03
SPY:
1.15
UTWY:
0.10
SPY:
0.68
UTWY:
0.18
SPY:
2.57
UTWY:
6.50%
SPY:
4.93%
UTWY:
11.47%
SPY:
20.42%
UTWY:
-18.19%
SPY:
-55.19%
UTWY:
-9.32%
SPY:
-3.55%
Returns By Period
In the year-to-date period, UTWY achieves a 0.51% return, which is significantly lower than SPY's 0.87% return.
UTWY
0.51%
-2.17%
-4.02%
0.74%
N/A
N/A
N/A
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
Compare stocks, funds, or ETFs
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UTWY vs. SPY - Expense Ratio Comparison
UTWY has a 0.15% 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
UTWY vs. SPY — Risk-Adjusted Performance Rank
UTWY
SPY
UTWY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for US Treasury 20 Year Bond ETF (UTWY) 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
UTWY vs. SPY - Dividend Comparison
UTWY's dividend yield for the trailing twelve months is around 4.59%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UTWY US Treasury 20 Year Bond ETF | 4.59% | 4.57% | 2.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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
UTWY vs. SPY - Drawdown Comparison
The maximum UTWY drawdown since its inception was -18.19%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for UTWY and SPY.
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Volatility
UTWY vs. SPY - Volatility Comparison
The current volatility for US Treasury 20 Year Bond ETF (UTWY) is 2.99%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.86%. This indicates that UTWY 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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