ABVYX vs. SPLG
Compare and contrast key facts about AB Value Fund (ABVYX) and SPDR Portfolio S&P 500 ETF (SPLG).
ABVYX is managed by AllianceBernstein. It was launched on Mar 29, 2001. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABVYX or SPLG.
Key characteristics
ABVYX | SPLG | |
---|---|---|
YTD Return | 7.80% | 7.93% |
1Y Return | 23.82% | 28.14% |
3Y Return (Ann) | 7.77% | 8.82% |
5Y Return (Ann) | 10.35% | 13.56% |
10Y Return (Ann) | 7.32% | 12.74% |
Sharpe Ratio | 1.68 | 2.35 |
Daily Std Dev | 13.28% | 11.63% |
Max Drawdown | -64.02% | -54.50% |
Current Drawdown | -3.07% | -2.28% |
Correlation
The correlation between ABVYX and SPLG is 0.79, 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
ABVYX vs. SPLG - Performance Comparison
The year-to-date returns for both investments are quite close, with ABVYX having a 7.80% return and SPLG slightly higher at 7.93%. Over the past 10 years, ABVYX has underperformed SPLG with an annualized return of 7.32%, while SPLG has yielded a comparatively higher 12.74% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ABVYX vs. SPLG - Expense Ratio Comparison
ABVYX has a 0.70% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
ABVYX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Value Fund (ABVYX) and SPDR Portfolio S&P 500 ETF (SPLG). 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
ABVYX vs. SPLG - Dividend Comparison
ABVYX's dividend yield for the trailing twelve months is around 4.60%, more than SPLG's 1.37% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
AB Value Fund | 4.60% | 4.95% | 13.64% | 10.27% | 1.38% | 2.37% | 5.21% | 1.22% | 1.35% | 1.64% | 1.77% | 1.30% |
SPDR Portfolio S&P 500 ETF | 1.37% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% | 1.71% |
Drawdowns
ABVYX vs. SPLG - Drawdown Comparison
The maximum ABVYX drawdown since its inception was -64.02%, which is greater than SPLG's maximum drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for ABVYX and SPLG. For additional features, visit the drawdowns tool.
Volatility
ABVYX vs. SPLG - Volatility Comparison
The current volatility for AB Value Fund (ABVYX) is 3.13%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 4.08%. This indicates that ABVYX experiences smaller price fluctuations and is considered to be less risky than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.