AKRIX vs. SPY
Compare and contrast key facts about Akre Focus Fund (AKRIX) and SPDR S&P 500 ETF (SPY).
AKRIX is managed by Akre. It was launched on Aug 31, 2009. 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: AKRIX or SPY.
Key characteristics
| AKRIX | SPY | |
|---|---|---|
| YTD Return | 0.60% | 5.94% |
| 1Y Return | 19.23% | 22.56% |
| 3Y Return (Ann) | 3.89% | 7.95% |
| 5Y Return (Ann) | 10.54% | 13.35% |
| 10Y Return (Ann) | 13.19% | 12.34% |
| Sharpe Ratio | 1.36 | 1.93 |
| Daily Std Dev | 14.22% | 11.63% |
| Max Drawdown | -31.77% | -55.19% |
| Current Drawdown | -8.00% | -4.05% |
Correlation
The correlation between AKRIX and SPY is 0.87, 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
AKRIX vs. SPY - Performance Comparison
In the year-to-date period, AKRIX achieves a 0.60% return, which is significantly lower than SPY's 5.94% return. Over the past 10 years, AKRIX has outperformed SPY with an annualized return of 13.19%, while SPY has yielded a comparatively lower 12.34% 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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AKRIX vs. SPY - Expense Ratio Comparison
AKRIX has a 1.04% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
AKRIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Akre Focus Fund (AKRIX) 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
AKRIX vs. SPY - Dividend Comparison
AKRIX's dividend yield for the trailing twelve months is around 3.40%, more than SPY's 1.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AKRIX Akre Focus Fund | 3.40% | 3.42% | 6.49% | 3.54% | 0.00% | 2.92% | 0.54% | 0.60% | 0.18% | 0.00% | 2.05% | 1.93% |
SPY SPDR S&P 500 ETF | 1.34% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
AKRIX vs. SPY - Drawdown Comparison
The maximum AKRIX drawdown since its inception was -31.77%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AKRIX and SPY. For additional features, visit the drawdowns tool.
Volatility
AKRIX vs. SPY - Volatility Comparison
Akre Focus Fund (AKRIX) has a higher volatility of 4.34% compared to SPDR S&P 500 ETF (SPY) at 3.91%. This indicates that AKRIX'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.