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:
0.52
SPY:
2.21
ABEMX:
0.84
SPY:
2.93
ABEMX:
1.10
SPY:
1.41
ABEMX:
0.19
SPY:
3.26
ABEMX:
1.88
SPY:
14.43
ABEMX:
3.97%
SPY:
1.90%
ABEMX:
14.29%
SPY:
12.41%
ABEMX:
-56.78%
SPY:
-55.19%
ABEMX:
-31.84%
SPY:
-2.74%
Returns By Period
In the year-to-date period, ABEMX achieves a 3.81% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, ABEMX has underperformed SPY with an annualized return of 2.49%, while SPY has yielded a comparatively higher 12.97% annualized return.
ABEMX
3.81%
-2.29%
-0.44%
5.99%
-0.04%
2.49%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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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.
Risk-Adjusted Performance
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 has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.86%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABEMX abrdn Emerging Markets Fund | 0.00% | 1.42% | 1.83% | 0.65% | 0.19% | 1.80% | 1.43% | 1.32% | 1.23% | 1.45% | 1.47% | 1.40% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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
The current volatility for abrdn Emerging Markets Fund (ABEMX) is 3.12%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.72%. This indicates that ABEMX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.