XUU-U.TO vs. SPY
Compare and contrast key facts about iShares Core S&P U.S. Total Market Index ETF (XUU-U.TO) and SPDR S&P 500 ETF (SPY).
XUU-U.TO and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XUU-U.TO is a passively managed fund by iShares that tracks the performance of the S&P Total Market Index. It was launched on Oct 22, 2019. 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. Both XUU-U.TO and SPY 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: XUU-U.TO or SPY.
Key characteristics
| XUU-U.TO | SPY | |
|---|---|---|
| YTD Return | 24.69% | 26.77% |
| 1Y Return | 38.10% | 37.43% |
| 3Y Return (Ann) | 8.63% | 10.15% |
| 5Y Return (Ann) | 15.16% | 15.86% |
| Sharpe Ratio | 3.09 | 3.06 |
| Sortino Ratio | 4.72 | 4.08 |
| Omega Ratio | 1.76 | 1.58 |
| Calmar Ratio | 4.56 | 4.44 |
| Martin Ratio | 21.97 | 20.11 |
| Ulcer Index | 1.73% | 1.85% |
| Daily Std Dev | 12.34% | 12.18% |
| Max Drawdown | -28.65% | -55.19% |
| Current Drawdown | 0.00% | -0.31% |
Correlation
The correlation between XUU-U.TO and SPY is 0.39, 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
XUU-U.TO vs. SPY - Performance Comparison
In the year-to-date period, XUU-U.TO achieves a 24.69% return, which is significantly lower than SPY's 26.77% 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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XUU-U.TO vs. SPY - Expense Ratio Comparison
XUU-U.TO has a 0.08% expense ratio, which is lower than SPY's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
XUU-U.TO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P U.S. Total Market Index ETF (XUU-U.TO) 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
XUU-U.TO vs. SPY - Dividend Comparison
XUU-U.TO's dividend yield for the trailing twelve months is around 0.54%, less than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XUU-U.TO iShares Core S&P U.S. Total Market Index ETF | 0.54% | 0.89% | 1.08% | 0.79% | 0.95% | 0.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
XUU-U.TO vs. SPY - Drawdown Comparison
The maximum XUU-U.TO drawdown since its inception was -28.65%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for XUU-U.TO and SPY. For additional features, visit the drawdowns tool.
Volatility
XUU-U.TO vs. SPY - Volatility Comparison
iShares Core S&P U.S. Total Market Index ETF (XUU-U.TO) has a higher volatility of 4.67% compared to SPDR S&P 500 ETF (SPY) at 3.88%. This indicates that XUU-U.TO'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.