ACSTX vs. SPY
Compare and contrast key facts about Invesco Comstock Fund (ACSTX) and SPDR S&P 500 ETF (SPY).
ACSTX is managed by Invesco. It was launched on Oct 7, 1968. 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: ACSTX or SPY.
Performance
ACSTX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, ACSTX achieves a 20.36% return, which is significantly lower than SPY's 26.08% return. Over the past 10 years, ACSTX has underperformed SPY with an annualized return of 8.91%, while SPY has yielded a comparatively higher 13.10% annualized return.
ACSTX
20.36%
3.67%
11.32%
27.93%
13.42%
8.91%
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| ACSTX | SPY | |
|---|---|---|
| Sharpe Ratio | 2.62 | 2.70 |
| Sortino Ratio | 3.72 | 3.60 |
| Omega Ratio | 1.49 | 1.50 |
| Calmar Ratio | 4.95 | 3.90 |
| Martin Ratio | 19.24 | 17.52 |
| Ulcer Index | 1.48% | 1.87% |
| Daily Std Dev | 10.86% | 12.14% |
| Max Drawdown | -61.03% | -55.19% |
| Current Drawdown | 0.00% | -0.85% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ACSTX vs. SPY - Expense Ratio Comparison
ACSTX has a 0.80% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between ACSTX and SPY is 0.85, 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.
Risk-Adjusted Performance
ACSTX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Comstock Fund (ACSTX) 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
ACSTX vs. SPY - Dividend Comparison
ACSTX's dividend yield for the trailing twelve months is around 1.43%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACSTX Invesco Comstock Fund | 1.43% | 1.74% | 1.90% | 1.42% | 2.05% | 2.07% | 1.82% | 1.43% | 2.10% | 1.55% | 1.59% | 1.18% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
ACSTX vs. SPY - Drawdown Comparison
The maximum ACSTX drawdown since its inception was -61.03%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ACSTX and SPY. For additional features, visit the drawdowns tool.
Volatility
ACSTX vs. SPY - Volatility Comparison
Invesco Comstock Fund (ACSTX) has a higher volatility of 4.19% compared to SPDR S&P 500 ETF (SPY) at 3.98%. This indicates that ACSTX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.