ALG vs. SPY
Compare and contrast key facts about Alamo Group Inc. (ALG) 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: ALG or SPY.
Correlation
The correlation between ALG and SPY is 0.34, 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
ALG vs. SPY - Performance Comparison
Key characteristics
ALG:
-0.28
SPY:
2.21
ALG:
-0.22
SPY:
2.93
ALG:
0.97
SPY:
1.41
ALG:
-0.29
SPY:
3.26
ALG:
-0.49
SPY:
14.43
ALG:
16.50%
SPY:
1.90%
ALG:
28.85%
SPY:
12.41%
ALG:
-69.22%
SPY:
-55.19%
ALG:
-17.17%
SPY:
-2.74%
Returns By Period
In the year-to-date period, ALG achieves a -9.90% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, ALG has outperformed SPY with an annualized return of 15.01%, while SPY has yielded a comparatively lower 12.97% annualized return.
ALG
-9.90%
-1.77%
7.98%
-8.89%
9.89%
15.01%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ALG vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alamo Group Inc. (ALG) 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
ALG vs. SPY - Dividend Comparison
ALG's dividend yield for the trailing twelve months is around 0.55%, less than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALG Alamo Group Inc. | 0.55% | 0.42% | 0.51% | 0.38% | 0.38% | 0.38% | 0.57% | 0.35% | 0.47% | 0.61% | 0.58% | 0.46% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
ALG vs. SPY - Drawdown Comparison
The maximum ALG drawdown since its inception was -69.22%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ALG and SPY. For additional features, visit the drawdowns tool.
Volatility
ALG vs. SPY - Volatility Comparison
Alamo Group Inc. (ALG) has a higher volatility of 6.79% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that ALG'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.