AMP vs. SPY
Compare and contrast key facts about Ameriprise Financial, Inc. (AMP) 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: AMP or SPY.
Key characteristics
| AMP | SPY | |
|---|---|---|
| YTD Return | 9.23% | 5.60% |
| 1Y Return | 42.82% | 23.55% |
| 3Y Return (Ann) | 18.91% | 7.83% |
| 5Y Return (Ann) | 25.23% | 13.05% |
| 10Y Return (Ann) | 16.54% | 12.30% |
| Sharpe Ratio | 1.99 | 1.91 |
| Daily Std Dev | 19.51% | 11.63% |
| Max Drawdown | -81.14% | -55.19% |
| Current Drawdown | -5.70% | -4.36% |
Correlation
The correlation between AMP and SPY is 0.74, 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
AMP vs. SPY - Performance Comparison
In the year-to-date period, AMP achieves a 9.23% return, which is significantly higher than SPY's 5.60% return. Over the past 10 years, AMP has outperformed SPY with an annualized return of 16.54%, while SPY has yielded a comparatively lower 12.30% 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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Risk-Adjusted Performance
AMP vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ameriprise Financial, Inc. (AMP) 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
AMP vs. SPY - Dividend Comparison
AMP's dividend yield for the trailing twelve months is around 1.31%, less than SPY's 1.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMP Ameriprise Financial, Inc. | 1.31% | 1.40% | 1.57% | 1.47% | 2.10% | 2.29% | 3.38% | 1.91% | 2.63% | 2.43% | 1.71% | 1.75% |
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
AMP vs. SPY - Drawdown Comparison
The maximum AMP drawdown since its inception was -81.14%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AMP and SPY. For additional features, visit the drawdowns tool.
Volatility
AMP vs. SPY - Volatility Comparison
Ameriprise Financial, Inc. (AMP) has a higher volatility of 5.73% compared to SPDR S&P 500 ETF (SPY) at 3.88%. This indicates that AMP'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.