VGI vs. SPY
Compare and contrast key facts about Virtus Global Multi-Sector Income Fund (VGI) and State Street SPDR S&P 500 ETF (SPY).
VGI is managed by Virtus. 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.
Performance
VGI vs. SPY - Performance Comparison
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VGI vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VGI Virtus Global Multi-Sector Income Fund | -2.92% | 16.14% | 10.43% | 14.58% | -21.70% | 1.40% | 9.81% | 27.29% | -28.73% | 27.46% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, VGI achieves a -2.92% return, which is significantly higher than SPY's -4.37% return. Over the past 10 years, VGI has underperformed SPY with an annualized return of 5.57%, while SPY has yielded a comparatively higher 13.98% annualized return.
VGI
- 1D
- 2.22%
- 1M
- -5.23%
- YTD
- -2.92%
- 6M
- -1.22%
- 1Y
- 7.92%
- 3Y*
- 11.46%
- 5Y*
- 2.18%
- 10Y*
- 5.57%
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
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VGI vs. SPY - Expense Ratio Comparison
Return for Risk
VGI vs. SPY — Risk / Return Rank
VGI
SPY
VGI vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Global Multi-Sector Income Fund (VGI) and State Street 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.
| VGI | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | 0.93 | -0.12 |
Sortino ratioReturn per unit of downside risk | 1.06 | 1.45 | -0.39 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.22 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.98 | 1.53 | -0.54 |
Martin ratioReturn relative to average drawdown | 3.71 | 7.30 | -3.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VGI | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | 0.93 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.69 | -0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.78 | -0.45 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.56 | -0.27 |
Correlation
The correlation between VGI and SPY is 0.36, 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.
Dividends
VGI vs. SPY - Dividend Comparison
VGI's dividend yield for the trailing twelve months is around 13.01%, more than SPY's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGI Virtus Global Multi-Sector Income Fund | 13.01% | 12.24% | 12.57% | 12.26% | 13.42% | 10.22% | 11.81% | 12.10% | 15.00% | 10.70% | 12.21% | 15.60% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
VGI vs. SPY - Drawdown Comparison
The maximum VGI drawdown since its inception was -48.08%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VGI and SPY.
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Drawdown Indicators
| VGI | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.08% | -55.19% | +7.11% |
Max Drawdown (1Y)Largest decline over 1 year | -8.21% | -12.05% | +3.84% |
Max Drawdown (5Y)Largest decline over 5 years | -33.79% | -24.50% | -9.29% |
Max Drawdown (10Y)Largest decline over 10 years | -48.08% | -33.72% | -14.36% |
Current DrawdownCurrent decline from peak | -6.18% | -6.24% | +0.06% |
Average DrawdownAverage peak-to-trough decline | -10.51% | -9.09% | -1.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.17% | 2.52% | -0.35% |
Volatility
VGI vs. SPY - Volatility Comparison
The current volatility for Virtus Global Multi-Sector Income Fund (VGI) is 4.25%, while State Street SPDR S&P 500 ETF (SPY) has a volatility of 5.31%. This indicates that VGI 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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Volatility by Period
| VGI | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.25% | 5.31% | -1.06% |
Volatility (6M)Calculated over the trailing 6-month period | 5.94% | 9.47% | -3.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.89% | 19.05% | -9.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.98% | 17.06% | -6.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.72% | 17.92% | -1.20% |