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:
1.46
ACEIX:
0.80
SPY:
1.99
ACEIX:
1.14
SPY:
1.27
ACEIX:
0.38
SPY:
2.23
ACEIX:
1.62
SPY:
9.00
ACEIX:
3.89%
SPY:
2.08%
ACEIX:
10.41%
SPY:
12.83%
ACEIX:
-38.81%
SPY:
-55.19%
ACEIX:
-11.01%
SPY:
-3.06%
Returns By Period
In the year-to-date period, ACEIX achieves a 3.55% return, which is significantly higher than SPY's 1.38% return. Over the past 10 years, ACEIX has underperformed SPY with an annualized return of 2.23%, while SPY has yielded a comparatively higher 12.93% annualized return.
ACEIX
3.55%
-0.37%
-1.23%
5.79%
4.39%
2.23%
SPY
1.38%
-1.27%
6.09%
17.34%
16.45%
12.93%
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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 1.98%, more than SPY's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACEIX Invesco Equity and Income Fund | 1.98% | 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 | 1.19% | 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 2.27%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.69%. 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.