WBIL vs. SPY
Compare and contrast key facts about WBI BullBear Quality 3000 ETF (WBIL) and SPDR S&P 500 ETF (SPY).
WBIL and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WBIL is an actively managed fund by WBI. It was launched on Sep 3, 2014. 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: WBIL or SPY.
Correlation
The correlation between WBIL and SPY is 0.76, 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
WBIL vs. SPY - Performance Comparison
Key characteristics
WBIL:
0.63
SPY:
1.75
WBIL:
0.92
SPY:
2.36
WBIL:
1.12
SPY:
1.32
WBIL:
0.94
SPY:
2.66
WBIL:
2.35
SPY:
11.01
WBIL:
3.60%
SPY:
2.03%
WBIL:
13.38%
SPY:
12.77%
WBIL:
-18.00%
SPY:
-55.19%
WBIL:
-7.84%
SPY:
-2.12%
Returns By Period
In the year-to-date period, WBIL achieves a -0.29% return, which is significantly lower than SPY's 2.36% return. Over the past 10 years, WBIL has underperformed SPY with an annualized return of 4.27%, while SPY has yielded a comparatively higher 12.96% annualized return.
WBIL
-0.29%
-2.98%
2.47%
5.94%
5.77%
4.27%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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WBIL vs. SPY - Expense Ratio Comparison
WBIL has a 1.23% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
WBIL vs. SPY — Risk-Adjusted Performance Rank
WBIL
SPY
WBIL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WBI BullBear Quality 3000 ETF (WBIL) 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
WBIL vs. SPY - Dividend Comparison
WBIL's dividend yield for the trailing twelve months is around 0.07%, less than SPY's 1.18% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
WBIL WBI BullBear Quality 3000 ETF | 0.07% | 0.07% | 0.29% | 1.03% | 2.02% | 0.19% | 0.73% | 0.92% | 0.83% | 0.58% | 0.20% | 0.05% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
WBIL vs. SPY - Drawdown Comparison
The maximum WBIL drawdown since its inception was -18.00%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for WBIL and SPY. For additional features, visit the drawdowns tool.
Volatility
WBIL vs. SPY - Volatility Comparison
WBI BullBear Quality 3000 ETF (WBIL) has a higher volatility of 4.51% compared to SPDR S&P 500 ETF (SPY) at 3.38%. This indicates that WBIL'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.