VVR vs. SPY
Compare and contrast key facts about Invesco Senior Income Trust (VVR) 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: VVR or SPY.
Key characteristics
| VVR | SPY | |
|---|---|---|
| YTD Return | 6.08% | 26.77% |
| 1Y Return | 9.97% | 37.43% |
| 3Y Return (Ann) | 7.55% | 10.15% |
| 5Y Return (Ann) | 8.93% | 15.86% |
| 10Y Return (Ann) | 6.76% | 13.33% |
| Sharpe Ratio | 0.77 | 3.06 |
| Sortino Ratio | 1.12 | 4.08 |
| Omega Ratio | 1.15 | 1.58 |
| Calmar Ratio | 0.95 | 4.44 |
| Martin Ratio | 2.86 | 20.11 |
| Ulcer Index | 3.58% | 1.85% |
| Daily Std Dev | 13.24% | 12.18% |
| Max Drawdown | -73.80% | -55.19% |
| Current Drawdown | -8.38% | -0.31% |
Correlation
The correlation between VVR and SPY is 0.27, 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
VVR vs. SPY - Performance Comparison
In the year-to-date period, VVR achieves a 6.08% return, which is significantly lower than SPY's 26.77% return. Over the past 10 years, VVR has underperformed SPY with an annualized return of 6.76%, 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.
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Risk-Adjusted Performance
VVR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Senior Income Trust (VVR) 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
VVR vs. SPY - Dividend Comparison
VVR's dividend yield for the trailing twelve months is around 13.13%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VVR Invesco Senior Income Trust | 13.13% | 11.54% | 11.46% | 7.23% | 6.71% | 6.22% | 6.83% | 6.08% | 6.49% | 7.97% | 7.11% | 7.18% |
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
VVR vs. SPY - Drawdown Comparison
The maximum VVR drawdown since its inception was -73.80%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VVR and SPY. For additional features, visit the drawdowns tool.
Volatility
VVR vs. SPY - Volatility Comparison
The current volatility for Invesco Senior Income Trust (VVR) is 3.58%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.88%. This indicates that VVR 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.