Correlation
The correlation between WLTG and SPY is 0.94, 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.
WLTG vs. SPY
Compare and contrast key facts about WealthTrust DBS Long Term Growth ETF (WLTG) and SPDR S&P 500 ETF (SPY).
WLTG and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WLTG is an actively managed fund by WealthTrust. It was launched on Dec 6, 2021. 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: WLTG or SPY.
Performance
WLTG vs. SPY - Performance Comparison
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Key characteristics
WLTG:
0.85
SPY:
0.70
WLTG:
1.16
SPY:
1.02
WLTG:
1.16
SPY:
1.15
WLTG:
0.80
SPY:
0.68
WLTG:
2.63
SPY:
2.57
WLTG:
5.24%
SPY:
4.93%
WLTG:
17.84%
SPY:
20.42%
WLTG:
-25.14%
SPY:
-55.19%
WLTG:
-3.22%
SPY:
-3.55%
Returns By Period
In the year-to-date period, WLTG achieves a 3.70% return, which is significantly higher than SPY's 0.87% return.
WLTG
3.70%
5.16%
-0.17%
15.10%
11.93%
N/A
N/A
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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WLTG vs. SPY - Expense Ratio Comparison
WLTG has a 0.77% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
WLTG vs. SPY — Risk-Adjusted Performance Rank
WLTG
SPY
WLTG vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WealthTrust DBS Long Term Growth ETF (WLTG) 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
WLTG vs. SPY - Dividend Comparison
WLTG's dividend yield for the trailing twelve months is around 0.53%, less than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WLTG WealthTrust DBS Long Term Growth ETF | 0.53% | 0.55% | 0.71% | 0.44% | 0.02% | 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
WLTG vs. SPY - Drawdown Comparison
The maximum WLTG drawdown since its inception was -25.14%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for WLTG and SPY.
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Volatility
WLTG vs. SPY - Volatility Comparison
The current volatility for WealthTrust DBS Long Term Growth ETF (WLTG) is 3.71%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.86%. This indicates that WLTG 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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