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:
-0.68
SPY:
0.26
ALG:
-0.90
SPY:
0.52
ALG:
0.90
SPY:
1.08
ALG:
-0.66
SPY:
0.28
ALG:
-1.21
SPY:
1.32
ALG:
16.55%
SPY:
3.91%
ALG:
29.48%
SPY:
19.59%
ALG:
-69.22%
SPY:
-55.19%
ALG:
-24.61%
SPY:
-12.63%
Returns By Period
In the year-to-date period, ALG achieves a -7.80% return, which is significantly higher than SPY's -8.62% return. Both investments have delivered pretty close results over the past 10 years, with ALG having a 11.38% annualized return and SPY not far ahead at 11.75%.
ALG
-7.80%
-6.38%
-3.02%
-21.72%
12.22%
11.38%
SPY
-8.62%
-4.17%
-7.29%
4.39%
15.62%
11.75%
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Risk-Adjusted Performance
ALG vs. SPY — Risk-Adjusted Performance Rank
ALG
SPY
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 0.63%, less than SPY's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALG Alamo Group Inc. | 0.63% | 0.56% | 0.42% | 0.51% | 0.38% | 0.38% | 0.38% | 0.57% | 0.35% | 0.47% | 0.61% | 0.58% |
SPY SPDR S&P 500 ETF | 1.34% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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
The current volatility for Alamo Group Inc. (ALG) is 13.09%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.63%. This indicates that ALG experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.