1ALV.MI vs. SPY
Compare and contrast key facts about Allianz SE (1ALV.MI) 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: 1ALV.MI or SPY.
Correlation
The correlation between 1ALV.MI and SPY is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
1ALV.MI vs. SPY - Performance Comparison
Key characteristics
1ALV.MI:
1.72
SPY:
1.88
1ALV.MI:
2.38
SPY:
2.51
1ALV.MI:
1.30
SPY:
1.35
1ALV.MI:
2.94
SPY:
2.83
1ALV.MI:
8.93
SPY:
11.89
1ALV.MI:
3.23%
SPY:
2.00%
1ALV.MI:
16.77%
SPY:
12.69%
1ALV.MI:
-72.36%
SPY:
-55.19%
1ALV.MI:
-2.92%
SPY:
-3.89%
Returns By Period
In the year-to-date period, 1ALV.MI achieves a 2.11% return, which is significantly higher than SPY's -0.66% return. Both investments have delivered pretty close results over the past 10 years, with 1ALV.MI having a 12.74% annualized return and SPY not far ahead at 13.18%.
1ALV.MI
2.11%
-2.31%
12.14%
28.85%
11.97%
12.74%
SPY
-0.66%
-3.32%
3.73%
23.70%
13.73%
13.18%
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Risk-Adjusted Performance
1ALV.MI vs. SPY — Risk-Adjusted Performance Rank
1ALV.MI
SPY
1ALV.MI vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allianz SE (1ALV.MI) 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
1ALV.MI vs. SPY - Dividend Comparison
1ALV.MI's dividend yield for the trailing twelve months is around 4.67%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
1ALV.MI Allianz SE | 4.67% | 4.77% | 4.76% | 5.35% | 4.69% | 4.80% | 4.11% | 4.51% | 3.96% | 4.68% | 4.18% | 3.87% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
1ALV.MI vs. SPY - Drawdown Comparison
The maximum 1ALV.MI drawdown since its inception was -72.36%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for 1ALV.MI and SPY. For additional features, visit the drawdowns tool.
Volatility
1ALV.MI vs. SPY - Volatility Comparison
The current volatility for Allianz SE (1ALV.MI) is 4.30%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.60%. This indicates that 1ALV.MI 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.