Correlation
The correlation between ABRVX and SPY is 0.77, 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.
ABRVX vs. SPY
Compare and contrast key facts about ABR Dynamic Blend Equity & Volatility Fund (ABRVX) and SPDR S&P 500 ETF (SPY).
ABRVX is managed by ABR. It was launched on Aug 2, 2015. 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: ABRVX or SPY.
Performance
ABRVX vs. SPY - Performance Comparison
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Key characteristics
ABRVX:
-0.29
SPY:
0.70
ABRVX:
-0.42
SPY:
1.02
ABRVX:
0.94
SPY:
1.15
ABRVX:
-0.21
SPY:
0.68
ABRVX:
-0.62
SPY:
2.57
ABRVX:
8.72%
SPY:
4.93%
ABRVX:
14.25%
SPY:
20.42%
ABRVX:
-29.71%
SPY:
-55.19%
ABRVX:
-21.32%
SPY:
-3.55%
Returns By Period
In the year-to-date period, ABRVX achieves a -10.53% return, which is significantly lower than SPY's 0.87% return.
ABRVX
-10.53%
5.37%
-13.47%
-4.15%
-0.45%
-1.17%
N/A
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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ABRVX vs. SPY - Expense Ratio Comparison
ABRVX has a 1.98% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ABRVX vs. SPY — Risk-Adjusted Performance Rank
ABRVX
SPY
ABRVX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ABR Dynamic Blend Equity & Volatility Fund (ABRVX) 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.
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Dividends
ABRVX vs. SPY - Dividend Comparison
ABRVX's dividend yield for the trailing twelve months is around 2.31%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABRVX ABR Dynamic Blend Equity & Volatility Fund | 2.31% | 2.07% | 0.00% | 0.00% | 8.33% | 24.48% | 0.81% | 3.94% | 3.26% | 1.30% | 0.77% | 0.00% |
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
ABRVX vs. SPY - Drawdown Comparison
The maximum ABRVX drawdown since its inception was -29.71%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ABRVX and SPY.
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Volatility
ABRVX vs. SPY - Volatility Comparison
The current volatility for ABR Dynamic Blend Equity & Volatility Fund (ABRVX) is 4.29%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.86%. This indicates that ABRVX 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.
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