AGX vs. SPY
Compare and contrast key facts about Argan, Inc. (AGX) and SPDR S&P 500 ETF (SPY).
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: AGX or SPY.
Correlation
The correlation between AGX and SPY is 0.24, 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
AGX vs. SPY - Performance Comparison
Key characteristics
AGX:
5.59
SPY:
2.18
AGX:
6.19
SPY:
2.88
AGX:
1.83
SPY:
1.40
AGX:
9.47
SPY:
3.30
AGX:
57.72
SPY:
13.79
AGX:
5.08%
SPY:
2.01%
AGX:
52.41%
SPY:
12.78%
AGX:
-94.35%
SPY:
-55.19%
AGX:
-5.63%
SPY:
0.00%
Returns By Period
In the year-to-date period, AGX achieves a 27.64% return, which is significantly higher than SPY's 4.04% return. Over the past 10 years, AGX has outperformed SPY with an annualized return of 21.32%, while SPY has yielded a comparatively lower 13.49% annualized return.
AGX
27.64%
21.84%
131.83%
305.02%
36.82%
21.32%
SPY
4.04%
1.41%
13.98%
27.23%
14.93%
13.49%
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Risk-Adjusted Performance
AGX vs. SPY — Risk-Adjusted Performance Rank
AGX
SPY
AGX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Argan, Inc. (AGX) 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
AGX vs. SPY - Dividend Comparison
AGX's dividend yield for the trailing twelve months is around 0.56%, less than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGX Argan, Inc. | 0.56% | 0.93% | 2.24% | 2.71% | 1.94% | 4.50% | 2.49% | 1.98% | 2.22% | 1.42% | 2.16% | 2.08% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
AGX vs. SPY - Drawdown Comparison
The maximum AGX drawdown since its inception was -94.35%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AGX and SPY. For additional features, visit the drawdowns tool.
Volatility
AGX vs. SPY - Volatility Comparison
Argan, Inc. (AGX) has a higher volatility of 14.90% compared to SPDR S&P 500 ETF (SPY) at 4.11%. This indicates that AGX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.