Correlation
The correlation between ABEMX and SPY is 0.71, 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.
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.
Performance
ABEMX vs. SPY - Performance Comparison
Loading data...
Key characteristics
ABEMX:
0.39
SPY:
0.70
ABEMX:
0.54
SPY:
1.02
ABEMX:
1.07
SPY:
1.15
ABEMX:
0.11
SPY:
0.68
ABEMX:
0.75
SPY:
2.57
ABEMX:
6.69%
SPY:
4.93%
ABEMX:
17.55%
SPY:
20.42%
ABEMX:
-56.78%
SPY:
-55.19%
ABEMX:
-35.09%
SPY:
-3.55%
Returns By Period
In the year-to-date period, ABEMX achieves a 5.84% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, ABEMX has underperformed SPY with an annualized return of 1.51%, while SPY has yielded a comparatively higher 12.73% annualized return.
ABEMX
5.84%
4.07%
4.33%
6.88%
2.41%
2.47%
1.51%
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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.
Loading data...
Dividends
ABEMX vs. SPY - Dividend Comparison
ABEMX's dividend yield for the trailing twelve months is around 0.93%, less than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABEMX abrdn Emerging Markets Fund | 0.93% | 0.98% | 1.42% | 1.83% | 11.80% | 0.87% | 1.85% | 1.57% | 1.32% | 1.23% | 2.61% | 4.74% |
SPY SPDR S&P 500 ETF | 1.22% | 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.
Loading data...
Volatility
ABEMX vs. SPY - Volatility Comparison
The current volatility for abrdn Emerging Markets Fund (ABEMX) is 3.76%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.86%. 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.
Loading data...