AGRFX vs. SPY
Compare and contrast key facts about AB Growth Fund (AGRFX) and SPDR S&P 500 ETF (SPY).
AGRFX is managed by AllianceBernstein. It was launched on Sep 4, 1990. 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: AGRFX or SPY.
Correlation
The correlation between AGRFX and SPY is 0.88, 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
AGRFX vs. SPY - Performance Comparison
Key characteristics
AGRFX:
-0.22
SPY:
0.56
AGRFX:
-0.09
SPY:
0.92
AGRFX:
0.98
SPY:
1.14
AGRFX:
-0.19
SPY:
0.59
AGRFX:
-0.43
SPY:
2.32
AGRFX:
14.93%
SPY:
4.80%
AGRFX:
28.98%
SPY:
20.01%
AGRFX:
-61.88%
SPY:
-55.19%
AGRFX:
-24.86%
SPY:
-8.17%
Returns By Period
In the year-to-date period, AGRFX achieves a -5.23% return, which is significantly lower than SPY's -3.97% return. Over the past 10 years, AGRFX has underperformed SPY with an annualized return of 5.09%, while SPY has yielded a comparatively higher 12.19% annualized return.
AGRFX
-5.23%
12.97%
-19.97%
-7.93%
5.16%
5.09%
SPY
-3.97%
11.26%
-4.45%
9.89%
15.66%
12.19%
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AGRFX vs. SPY - Expense Ratio Comparison
AGRFX has a 1.12% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
AGRFX vs. SPY — Risk-Adjusted Performance Rank
AGRFX
SPY
AGRFX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Growth Fund (AGRFX) 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
AGRFX vs. SPY - Dividend Comparison
AGRFX's dividend yield for the trailing twelve months is around 22.19%, more than SPY's 1.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGRFX AB Growth Fund | 22.19% | 21.03% | 6.89% | 1.69% | 9.79% | 5.79% | 7.80% | 16.01% | 9.33% | 1.03% | 9.76% | 4.89% |
SPY SPDR S&P 500 ETF | 1.28% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
AGRFX vs. SPY - Drawdown Comparison
The maximum AGRFX drawdown since its inception was -61.88%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AGRFX and SPY. For additional features, visit the drawdowns tool.
Volatility
AGRFX vs. SPY - Volatility Comparison
AB Growth Fund (AGRFX) and SPDR S&P 500 ETF (SPY) have volatilities of 12.04% and 12.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.