AALTX vs. SPYG
Compare and contrast key facts about American Funds 2050 Target Date Retirement Fund (AALTX) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
AALTX is managed by American Funds. It was launched on Jan 31, 2007. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AALTX or SPYG.
Correlation
The correlation between AALTX and SPYG is 0.91, 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
AALTX vs. SPYG - Performance Comparison
Key characteristics
AALTX:
1.35
SPYG:
2.08
AALTX:
1.84
SPYG:
2.70
AALTX:
1.25
SPYG:
1.37
AALTX:
1.17
SPYG:
2.91
AALTX:
7.31
SPYG:
11.26
AALTX:
2.09%
SPYG:
3.29%
AALTX:
11.39%
SPYG:
17.87%
AALTX:
-48.08%
SPYG:
-67.79%
AALTX:
-2.85%
SPYG:
-0.38%
Returns By Period
In the year-to-date period, AALTX achieves a 2.84% return, which is significantly lower than SPYG's 4.69% return. Over the past 10 years, AALTX has underperformed SPYG with an annualized return of 6.36%, while SPYG has yielded a comparatively higher 15.94% annualized return.
AALTX
2.84%
1.67%
5.31%
14.85%
6.42%
6.36%
SPYG
4.69%
1.12%
18.65%
36.31%
17.69%
15.94%
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AALTX vs. SPYG - Expense Ratio Comparison
AALTX has a 0.33% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Risk-Adjusted Performance
AALTX vs. SPYG — Risk-Adjusted Performance Rank
AALTX
SPYG
AALTX vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2050 Target Date Retirement Fund (AALTX) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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
AALTX vs. SPYG - Dividend Comparison
AALTX's dividend yield for the trailing twelve months is around 1.03%, more than SPYG's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AALTX American Funds 2050 Target Date Retirement Fund | 1.03% | 1.06% | 1.28% | 0.74% | 0.73% | 0.63% | 0.86% | 0.94% | 0.79% | 0.92% | 0.65% | 4.70% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.58% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% |
Drawdowns
AALTX vs. SPYG - Drawdown Comparison
The maximum AALTX drawdown since its inception was -48.08%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for AALTX and SPYG. For additional features, visit the drawdowns tool.
Volatility
AALTX vs. SPYG - Volatility Comparison
The current volatility for American Funds 2050 Target Date Retirement Fund (AALTX) is 4.09%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.22%. This indicates that AALTX experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.