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:
0.34
SPLG:
2.26
ABVYX:
0.49
SPLG:
3.00
ABVYX:
1.09
SPLG:
1.42
ABVYX:
0.30
SPLG:
3.32
ABVYX:
1.68
SPLG:
14.73
ABVYX:
3.28%
SPLG:
1.90%
ABVYX:
16.21%
SPLG:
12.40%
ABVYX:
-64.02%
SPLG:
-54.50%
ABVYX:
-17.59%
SPLG:
-2.50%
Returns By Period
In the year-to-date period, ABVYX achieves a 3.72% return, which is significantly lower than SPLG's 26.00% return. Over the past 10 years, ABVYX has underperformed SPLG with an annualized return of 5.82%, while SPLG has yielded a comparatively higher 13.11% annualized return.
ABVYX
3.72%
-14.69%
-5.18%
4.36%
8.23%
5.82%
SPLG
26.00%
-0.14%
9.34%
26.48%
14.82%
13.11%
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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 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 has not paid dividends to shareholders, while SPLG's dividend yield for the trailing twelve months is around 0.92%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABVYX AB Value Fund | 0.00% | 1.43% | 1.86% | 1.26% | 1.38% | 1.63% | 1.48% | 1.22% | 1.36% | 1.64% | 1.77% | 1.30% |
SPLG SPDR Portfolio S&P 500 ETF | 0.92% | 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
AB Value Fund (ABVYX) has a higher volatility of 12.55% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 3.81%. This indicates that ABVYX's price experiences larger fluctuations and is considered to be riskier than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.