AGNCN vs. SPYD
Compare and contrast key facts about AGNC Investment Corp. (AGNCN) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD).
SPYD is a passively managed fund by State Street that tracks the performance of the S&P 500 High Dividend Index. It was launched on Oct 21, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGNCN or SPYD.
Key characteristics
| AGNCN | SPYD | |
|---|---|---|
| YTD Return | 5.86% | 3.04% |
| 1Y Return | 17.07% | 15.47% |
| 3Y Return (Ann) | 8.88% | 3.72% |
| 5Y Return (Ann) | 8.24% | 5.60% |
| Sharpe Ratio | 1.96 | 0.89 |
| Daily Std Dev | 8.27% | 15.76% |
| Max Drawdown | -53.34% | -46.42% |
| Current Drawdown | 0.00% | -3.57% |
Correlation
The correlation between AGNCN and SPYD is 0.23, 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
AGNCN vs. SPYD - Performance Comparison
In the year-to-date period, AGNCN achieves a 5.86% return, which is significantly higher than SPYD's 3.04% 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
AGNCN vs. SPYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AGNC Investment Corp. (AGNCN) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD). 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
AGNCN vs. SPYD - Dividend Comparison
AGNCN's dividend yield for the trailing twelve months is around 10.50%, more than SPYD's 4.53% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGNCN AGNC Investment Corp. | 10.50% | 10.60% | 7.47% | 6.81% | 6.87% | 6.75% | 6.92% | 2.70% | 0.00% | 0.00% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 4.53% | 4.66% | 5.01% | 3.68% | 4.95% | 4.43% | 4.75% | 4.63% | 4.34% | 1.13% |
Drawdowns
AGNCN vs. SPYD - Drawdown Comparison
The maximum AGNCN drawdown since its inception was -53.34%, which is greater than SPYD's maximum drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for AGNCN and SPYD. For additional features, visit the drawdowns tool.
Volatility
AGNCN vs. SPYD - Volatility Comparison
The current volatility for AGNC Investment Corp. (AGNCN) is 1.61%, while SPDR Portfolio S&P 500 High Dividend ETF (SPYD) has a volatility of 4.59%. This indicates that AGNCN experiences smaller price fluctuations and is considered to be less risky than SPYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.