AAGIY vs. ^GSPC
Compare and contrast key facts about AIA Group Ltd ADR (AAGIY) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAGIY or ^GSPC.
Key characteristics
| AAGIY | ^GSPC | |
|---|---|---|
| YTD Return | -16.89% | 18.42% |
| 1Y Return | -19.74% | 25.31% |
| 3Y Return (Ann) | -14.17% | 7.71% |
| 5Y Return (Ann) | -4.31% | 14.08% |
| 10Y Return (Ann) | 4.27% | 10.95% |
| Sharpe Ratio | -0.65 | 2.02 |
| Daily Std Dev | 30.23% | 12.40% |
| Max Drawdown | -55.89% | -56.78% |
| Current Drawdown | -45.61% | -0.33% |
Correlation
The correlation between AAGIY and ^GSPC is 0.12, 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
AAGIY vs. ^GSPC - Performance Comparison
In the year-to-date period, AAGIY achieves a -16.89% return, which is significantly lower than ^GSPC's 18.42% return. Over the past 10 years, AAGIY has underperformed ^GSPC with an annualized return of 4.27%, while ^GSPC has yielded a comparatively higher 10.95% annualized 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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Risk-Adjusted Performance
AAGIY vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AIA Group Ltd ADR (AAGIY) and S&P 500 (^GSPC). 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.
Drawdowns
AAGIY vs. ^GSPC - Drawdown Comparison
The maximum AAGIY drawdown since its inception was -55.89%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for AAGIY and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
AAGIY vs. ^GSPC - Volatility Comparison
AIA Group Ltd ADR (AAGIY) has a higher volatility of 7.93% compared to S&P 500 (^GSPC) at 5.56%. This indicates that AAGIY's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.