XOVR vs. SPLG
Compare and contrast key facts about ERShares Entrepreneur Private-Public Crossover ETF (XOVR) and SPDR Portfolio S&P 500 ETF (SPLG).
XOVR and SPLG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XOVR is a passively managed fund by EntrepreneurShares that tracks the performance of the ER30TR Index. It was launched on Nov 7, 2017. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005. Both XOVR and SPLG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XOVR or SPLG.
Correlation
The correlation between XOVR and SPLG is 0.74, 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
XOVR vs. SPLG - Performance Comparison
Key characteristics
XOVR:
0.87
SPLG:
1.89
XOVR:
1.41
SPLG:
2.54
XOVR:
1.27
SPLG:
1.35
XOVR:
1.20
SPLG:
2.83
XOVR:
3.36
SPLG:
11.76
XOVR:
10.42%
SPLG:
2.03%
XOVR:
40.49%
SPLG:
12.61%
XOVR:
-56.29%
SPLG:
-54.52%
XOVR:
-21.51%
SPLG:
-0.42%
Returns By Period
The year-to-date returns for both investments are quite close, with XOVR having a 3.96% return and SPLG slightly higher at 4.15%.
XOVR
3.96%
-0.75%
23.07%
35.06%
9.68%
N/A
SPLG
4.15%
1.21%
10.48%
24.44%
14.69%
13.28%
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XOVR vs. SPLG - Expense Ratio Comparison
XOVR has a 0.75% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
XOVR vs. SPLG — Risk-Adjusted Performance Rank
XOVR
SPLG
XOVR vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ERShares Entrepreneur Private-Public Crossover ETF (XOVR) and SPDR Portfolio S&P 500 ETF (SPLG). 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
XOVR vs. SPLG - Dividend Comparison
XOVR has not paid dividends to shareholders, while SPLG's dividend yield for the trailing twelve months is around 1.23%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XOVR ERShares Entrepreneur Private-Public Crossover ETF | 0.00% | 0.00% | 0.00% | 0.00% | 57.75% | 6.31% | 0.08% | 3.71% | 0.09% | 0.00% | 0.00% | 0.00% |
SPLG SPDR Portfolio S&P 500 ETF | 1.23% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
XOVR vs. SPLG - Drawdown Comparison
The maximum XOVR drawdown since its inception was -56.29%, roughly equal to the maximum SPLG drawdown of -54.52%. Use the drawdown chart below to compare losses from any high point for XOVR and SPLG. For additional features, visit the drawdowns tool.
Volatility
XOVR vs. SPLG - Volatility Comparison
ERShares Entrepreneur Private-Public Crossover ETF (XOVR) has a higher volatility of 6.10% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 2.91%. This indicates that XOVR's price experiences larger fluctuations and is considered to be riskier than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.