AMRGX vs. SPY
Compare and contrast key facts about American Growth Fund Series One (AMRGX) and SPDR S&P 500 ETF (SPY).
AMRGX is managed by American Growth. It was launched on Jul 31, 1958. 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: AMRGX or SPY.
Correlation
The correlation between AMRGX and SPY is 0.83, 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
AMRGX vs. SPY - Performance Comparison
Key characteristics
AMRGX:
-0.32
SPY:
0.30
AMRGX:
-0.28
SPY:
0.56
AMRGX:
0.96
SPY:
1.08
AMRGX:
-0.18
SPY:
0.31
AMRGX:
-0.66
SPY:
1.40
AMRGX:
10.92%
SPY:
4.18%
AMRGX:
22.78%
SPY:
19.64%
AMRGX:
-84.03%
SPY:
-55.19%
AMRGX:
-37.28%
SPY:
-13.86%
Returns By Period
The year-to-date returns for both investments are quite close, with AMRGX having a -10.01% return and SPY slightly higher at -9.91%. Over the past 10 years, AMRGX has underperformed SPY with an annualized return of 3.60%, while SPY has yielded a comparatively higher 11.59% annualized return.
AMRGX
-10.01%
-5.75%
-22.37%
-6.02%
1.43%
3.60%
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
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AMRGX vs. SPY - Expense Ratio Comparison
AMRGX has a 4.07% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
AMRGX vs. SPY — Risk-Adjusted Performance Rank
AMRGX
SPY
AMRGX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Growth Fund Series One (AMRGX) 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
AMRGX vs. SPY - Dividend Comparison
AMRGX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.36%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMRGX American Growth Fund Series One | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
AMRGX vs. SPY - Drawdown Comparison
The maximum AMRGX drawdown since its inception was -84.03%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AMRGX and SPY. For additional features, visit the drawdowns tool.
Volatility
AMRGX vs. SPY - Volatility Comparison
The current volatility for American Growth Fund Series One (AMRGX) is 12.63%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that AMRGX 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.