AFCG vs. SPYI
Compare and contrast key facts about AFC Gamma, Inc. (AFCG) and NEOS S&P 500 High Income ETF (SPYI).
SPYI is an actively managed fund by Neos Investments. It was launched on Aug 29, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AFCG or SPYI.
Key characteristics
| AFCG | SPYI | |
|---|---|---|
| YTD Return | 19.62% | 10.33% |
| 1Y Return | 16.47% | 11.75% |
| Sharpe Ratio | 0.80 | 1.42 |
| Daily Std Dev | 32.16% | 8.35% |
| Max Drawdown | -49.83% | -10.19% |
| Current Drawdown | -17.19% | -2.36% |
Correlation
The correlation between AFCG and SPYI is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AFCG vs. SPYI - Performance Comparison
In the year-to-date period, AFCG achieves a 19.62% return, which is significantly higher than SPYI's 10.33% 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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Risk-Adjusted Performance
AFCG vs. SPYI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AFC Gamma, Inc. (AFCG) and NEOS S&P 500 High Income ETF (SPYI). 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
AFCG vs. SPYI - Dividend Comparison
AFCG's dividend yield for the trailing twelve months is around 20.63%, more than SPYI's 12.91% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
AFCG AFC Gamma, Inc. | 20.63% | 22.04% | 13.83% | 5.61% |
SPYI NEOS S&P 500 High Income ETF | 11.89% | 12.01% | 4.10% | 0.00% |
Drawdowns
AFCG vs. SPYI - Drawdown Comparison
The maximum AFCG drawdown since its inception was -49.83%, which is greater than SPYI's maximum drawdown of -10.19%. Use the drawdown chart below to compare losses from any high point for AFCG and SPYI. For additional features, visit the drawdowns tool.
Volatility
AFCG vs. SPYI - Volatility Comparison
AFC Gamma, Inc. (AFCG) has a higher volatility of 14.12% compared to NEOS S&P 500 High Income ETF (SPYI) at 2.16%. This indicates that AFCG's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.