ACEIX vs. SPY
Compare and contrast key facts about Invesco Equity and Income Fund (ACEIX) and SPDR S&P 500 ETF (SPY).
ACEIX is managed by Invesco. It was launched on Aug 2, 1960. 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: ACEIX or SPY.
Correlation
The correlation between ACEIX and SPY is 0.89, 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
ACEIX vs. SPY - Performance Comparison
Key characteristics
ACEIX:
-0.61
SPY:
-0.03
ACEIX:
-0.68
SPY:
0.06
ACEIX:
0.89
SPY:
1.01
ACEIX:
-0.37
SPY:
-0.03
ACEIX:
-1.45
SPY:
-0.13
ACEIX:
5.13%
SPY:
3.49%
ACEIX:
12.14%
SPY:
15.82%
ACEIX:
-38.81%
SPY:
-55.19%
ACEIX:
-20.37%
SPY:
-17.46%
Returns By Period
In the year-to-date period, ACEIX achieves a -7.34% return, which is significantly higher than SPY's -13.68% return. Over the past 10 years, ACEIX has underperformed SPY with an annualized return of 1.01%, while SPY has yielded a comparatively higher 11.09% annualized return.
ACEIX
-7.34%
-8.13%
-12.02%
-7.87%
4.20%
1.01%
SPY
-13.68%
-12.16%
-10.60%
-1.47%
14.70%
11.09%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ACEIX vs. SPY - Expense Ratio Comparison
ACEIX has a 0.78% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ACEIX vs. SPY — Risk-Adjusted Performance Rank
ACEIX
SPY
ACEIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Equity and Income Fund (ACEIX) 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.
Dividends
ACEIX vs. SPY - Dividend Comparison
ACEIX's dividend yield for the trailing twelve months is around 2.25%, more than SPY's 1.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACEIX Invesco Equity and Income Fund | 2.25% | 2.05% | 2.00% | 1.90% | 1.42% | 1.62% | 1.89% | 2.36% | 2.04% | 1.72% | 2.37% | 2.80% |
SPY SPDR S&P 500 ETF | 1.42% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ACEIX vs. SPY - Drawdown Comparison
The maximum ACEIX drawdown since its inception was -38.81%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ACEIX and SPY. For additional features, visit the drawdowns tool.
Volatility
ACEIX vs. SPY - Volatility Comparison
The current volatility for Invesco Equity and Income Fund (ACEIX) is 6.15%, while SPDR S&P 500 ETF (SPY) has a volatility of 9.22%. This indicates that ACEIX 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.