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 0.95, 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:
-0.52
SPTM:
0.51
AAANX:
-0.52
SPTM:
0.85
AAANX:
0.90
SPTM:
1.13
AAANX:
-0.40
SPTM:
0.53
AAANX:
-1.01
SPTM:
2.03
AAANX:
12.33%
SPTM:
4.89%
AAANX:
23.72%
SPTM:
19.27%
AAANX:
-37.94%
SPTM:
-54.80%
AAANX:
-20.75%
SPTM:
-7.64%
Returns By Period
In the year-to-date period, AAANX achieves a -2.34% return, which is significantly higher than SPTM's -3.53% return. Over the past 10 years, AAANX has underperformed SPTM with an annualized return of 1.19%, while SPTM has yielded a comparatively higher 11.99% annualized return.
AAANX
-2.34%
14.61%
-20.08%
-12.22%
3.41%
1.19%
SPTM
-3.53%
13.84%
-5.07%
9.84%
15.74%
11.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 0.81%, less than SPTM's 1.35% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
AAANX Horizon Active Asset Allocation Fund | 0.81% | 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 | 1.35% | 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
The current volatility for Horizon Active Asset Allocation Fund (AAANX) is 9.32%, while SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) has a volatility of 11.14%. This indicates that AAANX experiences smaller price fluctuations and is considered to be less risky than SPTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.