ABEMX vs. SPY
Compare and contrast key facts about abrdn Emerging Markets Fund (ABEMX) and State Street SPDR S&P 500 ETF (SPY).
ABEMX is managed by Aberdeen. It was launched on May 10, 2007. 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.
Performance
ABEMX vs. SPY - Performance Comparison
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ABEMX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABEMX abrdn Emerging Markets Fund | 0.00% | 32.43% | 3.98% | 6.67% | -26.23% | 7.15% | 27.65% | 20.42% | -14.65% | 30.25% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
Over the past 10 years, ABEMX has underperformed SPY with an annualized return of 7.45%, while SPY has yielded a comparatively higher 13.98% annualized return.
ABEMX
- 1D
- -1.12%
- 1M
- -12.29%
- YTD
- 0.00%
- 6M
- 3.92%
- 1Y
- 31.27%
- 3Y*
- 11.71%
- 5Y*
- 2.66%
- 10Y*
- 7.45%
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
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ABEMX vs. SPY - Expense Ratio Comparison
ABEMX has a 1.10% expense ratio, which is higher than SPY's 0.09% expense ratio.
Return for Risk
ABEMX vs. SPY — Risk / Return Rank
ABEMX
SPY
ABEMX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Emerging Markets Fund (ABEMX) and State Street 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.
| ABEMX | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.70 | 0.93 | +0.77 |
Sortino ratioReturn per unit of downside risk | 2.26 | 1.45 | +0.80 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.22 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 2.07 | 1.53 | +0.55 |
Martin ratioReturn relative to average drawdown | 8.65 | 7.30 | +1.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ABEMX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 0.93 | +0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.69 | -0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.78 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.56 | -0.26 |
Correlation
The correlation between ABEMX and SPY is 0.72, 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.
Dividends
ABEMX vs. SPY - Dividend Comparison
ABEMX's dividend yield for the trailing twelve months is around 6.11%, more than SPY's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABEMX abrdn Emerging Markets Fund | 6.11% | 6.11% | 0.99% | 1.42% | 1.82% | 22.95% | 0.68% | 1.85% | 1.57% | 1.32% | 1.23% | 2.47% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
ABEMX vs. SPY - Drawdown Comparison
The maximum ABEMX drawdown since its inception was -54.52%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ABEMX and SPY.
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Drawdown Indicators
| ABEMX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.52% | -55.19% | +0.67% |
Max Drawdown (1Y)Largest decline over 1 year | -13.68% | -12.05% | -1.63% |
Max Drawdown (5Y)Largest decline over 5 years | -36.56% | -24.50% | -12.06% |
Max Drawdown (10Y)Largest decline over 10 years | -38.44% | -33.72% | -4.72% |
Current DrawdownCurrent decline from peak | -13.68% | -6.24% | -7.44% |
Average DrawdownAverage peak-to-trough decline | -13.20% | -9.09% | -4.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.28% | 2.52% | +0.76% |
Volatility
ABEMX vs. SPY - Volatility Comparison
abrdn Emerging Markets Fund (ABEMX) has a higher volatility of 9.17% compared to State Street SPDR S&P 500 ETF (SPY) at 5.31%. This indicates that ABEMX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABEMX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.17% | 5.31% | +3.86% |
Volatility (6M)Calculated over the trailing 6-month period | 13.69% | 9.47% | +4.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.22% | 19.05% | -0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.13% | 17.06% | +1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.41% | 17.92% | +0.49% |