AGDAX vs. SPY
Compare and contrast key facts about AB High Income Fund (AGDAX) and SPDR S&P 500 ETF (SPY).
AGDAX is managed by AllianceBernstein. It was launched on Feb 25, 1994. 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: AGDAX or SPY.
Correlation
The correlation between AGDAX and SPY is 0.32, 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
AGDAX vs. SPY - Performance Comparison
Key characteristics
AGDAX:
2.13
SPY:
0.54
AGDAX:
3.14
SPY:
0.89
AGDAX:
1.53
SPY:
1.13
AGDAX:
1.96
SPY:
0.58
AGDAX:
8.71
SPY:
2.39
AGDAX:
0.95%
SPY:
4.51%
AGDAX:
3.88%
SPY:
20.07%
AGDAX:
-45.33%
SPY:
-55.19%
AGDAX:
-2.10%
SPY:
-10.54%
Returns By Period
In the year-to-date period, AGDAX achieves a -0.13% return, which is significantly higher than SPY's -6.44% return. Over the past 10 years, AGDAX has underperformed SPY with an annualized return of 3.99%, while SPY has yielded a comparatively higher 11.95% annualized return.
AGDAX
-0.13%
-1.12%
1.43%
7.99%
7.60%
3.99%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AGDAX vs. SPY - Expense Ratio Comparison
AGDAX has a 0.84% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
AGDAX vs. SPY — Risk-Adjusted Performance Rank
AGDAX
SPY
AGDAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB High Income Fund (AGDAX) 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
AGDAX vs. SPY - Dividend Comparison
AGDAX's dividend yield for the trailing twelve months is around 7.19%, more than SPY's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGDAX AB High Income Fund | 7.19% | 7.08% | 7.17% | 7.52% | 5.99% | 5.91% | 6.27% | 6.95% | 5.84% | 6.25% | 7.43% | 8.24% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
AGDAX vs. SPY - Drawdown Comparison
The maximum AGDAX drawdown since its inception was -45.33%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AGDAX and SPY. For additional features, visit the drawdowns tool.
Volatility
AGDAX vs. SPY - Volatility Comparison
The current volatility for AB High Income Fund (AGDAX) is 2.40%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.13%. This indicates that AGDAX 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.