ABEMX vs. SPY
Compare and contrast key facts about abrdn Emerging Markets Fund (ABEMX) and 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABEMX or SPY.
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.
Performance
ABEMX vs. SPY - Performance Comparison
Key characteristics
ABEMX:
0.76
SPY:
1.93
ABEMX:
1.17
SPY:
2.59
ABEMX:
1.14
SPY:
1.35
ABEMX:
0.25
SPY:
2.93
ABEMX:
2.20
SPY:
12.16
ABEMX:
4.88%
SPY:
2.02%
ABEMX:
14.19%
SPY:
12.73%
ABEMX:
-56.78%
SPY:
-55.19%
ABEMX:
-37.31%
SPY:
-1.31%
Returns By Period
In the year-to-date period, ABEMX achieves a 2.22% return, which is significantly lower than SPY's 2.68% return. Over the past 10 years, ABEMX has underperformed SPY with an annualized return of 1.10%, while SPY has yielded a comparatively higher 13.34% annualized return.
ABEMX
2.22%
1.32%
5.40%
10.49%
-1.81%
1.10%
SPY
2.68%
1.66%
15.99%
23.74%
14.27%
13.34%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ABEMX vs. SPY - Expense Ratio Comparison
ABEMX has a 1.10% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ABEMX vs. SPY — Risk-Adjusted Performance Rank
ABEMX
SPY
ABEMX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Emerging Markets Fund (ABEMX) and 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.
Dividends
ABEMX vs. SPY - Dividend Comparison
ABEMX's dividend yield for the trailing twelve months is around 0.96%, less than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABEMX abrdn Emerging Markets Fund | 0.96% | 0.98% | 1.42% | 1.83% | 0.65% | 0.19% | 1.80% | 1.43% | 1.32% | 1.23% | 1.45% | 1.47% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ABEMX vs. SPY - Drawdown Comparison
The maximum ABEMX drawdown since its inception was -56.78%, 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. For additional features, visit the drawdowns tool.
Volatility
ABEMX vs. SPY - Volatility Comparison
abrdn Emerging Markets Fund (ABEMX) has a higher volatility of 4.38% compared to SPDR S&P 500 ETF (SPY) at 4.03%. 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.