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:
0.34
SPY:
0.51
ABEMX:
0.61
SPY:
0.86
ABEMX:
1.07
SPY:
1.13
ABEMX:
0.13
SPY:
0.55
ABEMX:
0.91
SPY:
2.26
ABEMX:
6.55%
SPY:
4.55%
ABEMX:
17.49%
SPY:
20.08%
ABEMX:
-56.78%
SPY:
-55.19%
ABEMX:
-38.09%
SPY:
-9.89%
Returns By Period
In the year-to-date period, ABEMX achieves a 0.96% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, ABEMX has underperformed SPY with an annualized return of 0.55%, while SPY has yielded a comparatively higher 11.99% annualized return.
ABEMX
0.96%
-1.80%
-4.81%
5.30%
2.98%
0.55%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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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 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 0.97%, less than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABEMX abrdn Emerging Markets Fund | 0.97% | 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 | 1.30% | 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
The current volatility for abrdn Emerging Markets Fund (ABEMX) is 9.77%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. 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.