VIRT vs. SPY
Compare and contrast key facts about Virtu Financial, Inc. (VIRT) and SPDR S&P 500 ETF (SPY).
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: VIRT or SPY.
Key characteristics
VIRT | SPY | |
---|---|---|
YTD Return | 10.45% | 6.58% |
1Y Return | 35.84% | 25.57% |
3Y Return (Ann) | -5.36% | 8.08% |
5Y Return (Ann) | 3.44% | 13.25% |
Sharpe Ratio | 0.78 | 2.13 |
Daily Std Dev | 28.83% | 11.60% |
Max Drawdown | -56.17% | -55.19% |
Current Drawdown | -36.16% | -3.47% |
Correlation
The correlation between VIRT and SPY is 0.18, 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.
Performance
VIRT vs. SPY - Performance Comparison
In the year-to-date period, VIRT achieves a 10.45% return, which is significantly higher than SPY's 6.58% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
VIRT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtu Financial, Inc. (VIRT) 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
VIRT vs. SPY - Dividend Comparison
VIRT's dividend yield for the trailing twelve months is around 4.35%, more than SPY's 1.33% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Virtu Financial, Inc. | 4.35% | 4.74% | 4.70% | 3.33% | 3.81% | 6.00% | 3.73% | 5.25% | 6.02% | 2.12% | 0.00% | 0.00% |
SPDR S&P 500 ETF | 1.33% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
VIRT vs. SPY - Drawdown Comparison
The maximum VIRT drawdown since its inception was -56.17%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VIRT and SPY. For additional features, visit the drawdowns tool.
Volatility
VIRT vs. SPY - Volatility Comparison
Virtu Financial, Inc. (VIRT) has a higher volatility of 7.09% compared to SPDR S&P 500 ETF (SPY) at 4.03%. This indicates that VIRT's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.