AMCPX vs. SPY
Compare and contrast key facts about American Funds AMCAP Fund Class A (AMCPX) and SPDR S&P 500 ETF (SPY).
AMCPX is managed by American Funds. It was launched on Jan 5, 1967. 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: AMCPX or SPY.
Performance
AMCPX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, AMCPX achieves a 18.63% return, which is significantly lower than SPY's 26.08% return. Over the past 10 years, AMCPX has underperformed SPY with an annualized return of 4.82%, while SPY has yielded a comparatively higher 13.10% annualized return.
AMCPX
18.63%
0.53%
8.10%
22.91%
6.54%
4.82%
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| AMCPX | SPY | |
|---|---|---|
| Sharpe Ratio | 1.69 | 2.70 |
| Sortino Ratio | 2.31 | 3.60 |
| Omega Ratio | 1.30 | 1.50 |
| Calmar Ratio | 1.02 | 3.90 |
| Martin Ratio | 10.80 | 17.52 |
| Ulcer Index | 2.18% | 1.87% |
| Daily Std Dev | 13.96% | 12.14% |
| Max Drawdown | -52.11% | -55.19% |
| Current Drawdown | -5.12% | -0.85% |
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AMCPX vs. SPY - Expense Ratio Comparison
AMCPX has a 0.65% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between AMCPX and SPY is 0.91, 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.
Risk-Adjusted Performance
AMCPX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds AMCAP Fund Class A (AMCPX) 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
AMCPX vs. SPY - Dividend Comparison
AMCPX's dividend yield for the trailing twelve months is around 0.27%, less than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMCPX American Funds AMCAP Fund Class A | 0.27% | 0.57% | 0.00% | 0.00% | 0.19% | 0.53% | 0.64% | 0.41% | 0.44% | 3.70% | 3.29% | 8.41% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
AMCPX vs. SPY - Drawdown Comparison
The maximum AMCPX drawdown since its inception was -52.11%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AMCPX and SPY. For additional features, visit the drawdowns tool.
Volatility
AMCPX vs. SPY - Volatility Comparison
American Funds AMCAP Fund Class A (AMCPX) has a higher volatility of 4.35% compared to SPDR S&P 500 ETF (SPY) at 3.98%. This indicates that AMCPX'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.