AFNIX vs. SPY
Compare and contrast key facts about AAM/Bahl & Gaynor Income Growth Fund Class I (AFNIX) and SPDR S&P 500 ETF (SPY).
AFNIX is managed by AAM. It was launched on Jul 5, 2012. 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: AFNIX or SPY.
Key characteristics
AFNIX | SPY | |
---|---|---|
YTD Return | 15.81% | 16.65% |
1Y Return | 21.12% | 24.36% |
3Y Return (Ann) | 6.64% | 8.36% |
5Y Return (Ann) | 9.68% | 14.92% |
10Y Return (Ann) | 9.72% | 12.62% |
Sharpe Ratio | 1.86 | 1.90 |
Daily Std Dev | 10.68% | 12.51% |
Max Drawdown | -35.60% | -55.19% |
Current Drawdown | -1.09% | -2.46% |
Correlation
The correlation between AFNIX and SPY is 0.91, 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
AFNIX vs. SPY - Performance Comparison
In the year-to-date period, AFNIX achieves a 15.81% return, which is significantly lower than SPY's 16.65% return. Over the past 10 years, AFNIX has underperformed SPY with an annualized return of 9.72%, while SPY has yielded a comparatively higher 12.62% annualized 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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AFNIX vs. SPY - Expense Ratio Comparison
AFNIX has a 0.83% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
AFNIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AAM/Bahl & Gaynor Income Growth Fund Class I (AFNIX) 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
AFNIX vs. SPY - Dividend Comparison
AFNIX's dividend yield for the trailing twelve months is around 2.98%, more than SPY's 1.24% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
AFNIX AAM/Bahl & Gaynor Income Growth Fund Class I | 2.98% | 3.62% | 4.61% | 1.78% | 1.75% | 2.13% | 2.04% | 1.72% | 1.79% | 2.66% | 2.00% | 2.24% |
SPY SPDR S&P 500 ETF | 1.24% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
AFNIX vs. SPY - Drawdown Comparison
The maximum AFNIX drawdown since its inception was -35.60%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AFNIX and SPY. For additional features, visit the drawdowns tool.
Volatility
AFNIX vs. SPY - Volatility Comparison
The current volatility for AAM/Bahl & Gaynor Income Growth Fund Class I (AFNIX) is 3.53%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.47%. This indicates that AFNIX 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.