ADNPX vs. SPY
Compare and contrast key facts about American Beacon ARK Transformational Innovation Fund (ADNPX) and SPDR S&P 500 ETF (SPY).
ADNPX is managed by American Beacon. It was launched on Jan 27, 2017. 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: ADNPX or SPY.
Key characteristics
| ADNPX | SPY | |
|---|---|---|
| YTD Return | -18.86% | 5.46% |
| 1Y Return | 12.32% | 22.99% |
| 3Y Return (Ann) | -29.46% | 7.85% |
| 5Y Return (Ann) | -1.89% | 13.16% |
| Sharpe Ratio | 0.36 | 1.97 |
| Daily Std Dev | 35.83% | 11.75% |
| Max Drawdown | -79.98% | -55.19% |
| Current Drawdown | -71.36% | -4.48% |
Correlation
The correlation between ADNPX and SPY is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ADNPX vs. SPY - Performance Comparison
In the year-to-date period, ADNPX achieves a -18.86% return, which is significantly lower than SPY's 5.46% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ADNPX vs. SPY - Expense Ratio Comparison
ADNPX has a 1.39% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ADNPX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon ARK Transformational Innovation Fund (ADNPX) 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
ADNPX vs. SPY - Dividend Comparison
ADNPX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.35%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADNPX American Beacon ARK Transformational Innovation Fund | 0.00% | 0.00% | 9.67% | 31.49% | 0.39% | 3.31% | 6.56% | 3.64% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.35% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
ADNPX vs. SPY - Drawdown Comparison
The maximum ADNPX drawdown since its inception was -79.98%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ADNPX and SPY. For additional features, visit the drawdowns tool.
Volatility
ADNPX vs. SPY - Volatility Comparison
American Beacon ARK Transformational Innovation Fund (ADNPX) has a higher volatility of 8.18% compared to SPDR S&P 500 ETF (SPY) at 3.26%. This indicates that ADNPX'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.