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.
Correlation
The correlation between ABVYX and SPLG is 0.78, 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
Key characteristics
ABVYX:
0.53
SPLG:
1.89
ABVYX:
0.72
SPLG:
2.54
ABVYX:
1.13
SPLG:
1.35
ABVYX:
0.47
SPLG:
2.83
ABVYX:
1.29
SPLG:
11.76
ABVYX:
6.31%
SPLG:
2.03%
ABVYX:
15.41%
SPLG:
12.61%
ABVYX:
-66.54%
SPLG:
-54.52%
ABVYX:
-11.54%
SPLG:
-0.42%
Returns By Period
In the year-to-date period, ABVYX achieves a 6.43% return, which is significantly higher than SPLG's 4.15% return. Over the past 10 years, ABVYX has underperformed SPLG with an annualized return of 3.61%, while SPLG has yielded a comparatively higher 13.28% annualized return.
ABVYX
6.43%
1.12%
-0.82%
7.72%
4.68%
3.61%
SPLG
4.15%
1.21%
10.48%
24.44%
14.69%
13.28%
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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 Rank
ABVYX
SPLG
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 1.32%, more than SPLG's 1.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABVYX AB Value Fund | 1.32% | 1.40% | 1.43% | 1.86% | 1.26% | 1.38% | 1.63% | 1.48% | 1.22% | 1.36% | 1.64% | 1.77% |
SPLG SPDR Portfolio S&P 500 ETF | 1.23% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
ABVYX vs. SPLG - Drawdown Comparison
The maximum ABVYX drawdown since its inception was -66.54%, which is greater than SPLG's maximum drawdown of -54.52%. 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 2.18%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 2.91%. 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.