AAANX vs. SPTM
Compare and contrast key facts about Horizon Active Asset Allocation Fund (AAANX) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM).
AAANX is managed by Horizon Investments. It was launched on Jan 30, 2012. SPTM is a passively managed fund by State Street that tracks the performance of the S&P Composite 1500 Index. It was launched on Oct 4, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAANX or SPTM.
Correlation
The correlation between AAANX and SPTM is 0.92, 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
AAANX vs. SPTM - Performance Comparison
Key characteristics
AAANX:
-0.14
SPTM:
1.82
AAANX:
-0.04
SPTM:
2.46
AAANX:
0.99
SPTM:
1.33
AAANX:
-0.14
SPTM:
2.75
AAANX:
-0.39
SPTM:
11.07
AAANX:
7.09%
SPTM:
2.07%
AAANX:
20.05%
SPTM:
12.63%
AAANX:
-37.94%
SPTM:
-54.80%
AAANX:
-15.12%
SPTM:
-0.51%
Returns By Period
In the year-to-date period, AAANX achieves a 4.60% return, which is significantly higher than SPTM's 3.92% return. Over the past 10 years, AAANX has underperformed SPTM with an annualized return of 1.88%, while SPTM has yielded a comparatively higher 12.88% annualized return.
AAANX
4.60%
1.17%
-10.32%
-2.42%
1.90%
1.88%
SPTM
3.92%
0.87%
10.03%
23.49%
14.33%
12.88%
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AAANX vs. SPTM - Expense Ratio Comparison
AAANX has a 1.14% expense ratio, which is higher than SPTM's 0.03% expense ratio.
Risk-Adjusted Performance
AAANX vs. SPTM — Risk-Adjusted Performance Rank
AAANX
SPTM
AAANX vs. SPTM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Horizon Active Asset Allocation Fund (AAANX) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). 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
AAANX vs. SPTM - Dividend Comparison
AAANX's dividend yield for the trailing twelve months is around 0.76%, less than SPTM's 1.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAANX Horizon Active Asset Allocation Fund | 0.76% | 0.79% | 0.77% | 1.08% | 0.70% | 0.49% | 0.67% | 0.78% | 0.57% | 0.89% | 1.77% | 0.14% |
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF | 1.23% | 1.28% | 1.44% | 1.69% | 1.25% | 1.56% | 1.71% | 1.90% | 1.66% | 1.91% | 1.92% | 2.08% |
Drawdowns
AAANX vs. SPTM - Drawdown Comparison
The maximum AAANX drawdown since its inception was -37.94%, smaller than the maximum SPTM drawdown of -54.80%. Use the drawdown chart below to compare losses from any high point for AAANX and SPTM. For additional features, visit the drawdowns tool.
Volatility
AAANX vs. SPTM - Volatility Comparison
Horizon Active Asset Allocation Fund (AAANX) has a higher volatility of 3.45% compared to SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) at 2.87%. This indicates that AAANX's price experiences larger fluctuations and is considered to be riskier than SPTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.