Correlation
The correlation between ^FVX and SPY is 0.19, 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.
^FVX vs. SPY
Compare and contrast key facts about Treasury Yield 5 Years (^FVX) 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: ^FVX or SPY.
Performance
^FVX vs. SPY - Performance Comparison
Loading data...
Key characteristics
^FVX:
-0.41
SPY:
0.57
^FVX:
-0.31
SPY:
0.87
^FVX:
0.96
SPY:
1.13
^FVX:
-0.14
SPY:
0.55
^FVX:
-0.59
SPY:
2.11
^FVX:
13.70%
SPY:
4.91%
^FVX:
24.49%
SPY:
20.35%
^FVX:
-97.53%
SPY:
-55.19%
^FVX:
-48.35%
SPY:
-5.23%
Returns By Period
In the year-to-date period, ^FVX achieves a -6.89% return, which is significantly lower than SPY's -0.89% return. Over the past 10 years, ^FVX has underperformed SPY with an annualized return of 10.34%, while SPY has yielded a comparatively higher 12.57% annualized return.
^FVX
-6.89%
3.85%
-5.12%
-9.94%
13.94%
65.04%
10.34%
SPY
-0.89%
5.93%
-2.13%
10.77%
15.38%
16.09%
12.57%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^FVX vs. SPY — Risk-Adjusted Performance Rank
^FVX
SPY
^FVX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 5 Years (^FVX) 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.
Loading data...
Drawdowns
^FVX vs. SPY - Drawdown Comparison
The maximum ^FVX drawdown since its inception was -97.53%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^FVX and SPY.
Loading data...
Volatility
^FVX vs. SPY - Volatility Comparison
Treasury Yield 5 Years (^FVX) has a higher volatility of 7.21% compared to SPDR S&P 500 ETF (SPY) at 4.45%. This indicates that ^FVX'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.
Loading data...