Correlation
The correlation between AMRGX and SPY is 0.84, 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.
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.
Performance
AMRGX vs. SPY - Performance Comparison
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Key characteristics
AMRGX:
0.19
SPY:
0.70
AMRGX:
0.30
SPY:
1.02
AMRGX:
1.04
SPY:
1.15
AMRGX:
0.10
SPY:
0.68
AMRGX:
0.30
SPY:
2.57
AMRGX:
7.27%
SPY:
4.93%
AMRGX:
20.57%
SPY:
20.42%
AMRGX:
-79.73%
SPY:
-55.19%
AMRGX:
-11.28%
SPY:
-3.55%
Returns By Period
In the year-to-date period, AMRGX achieves a -5.08% return, which is significantly lower than SPY's 0.87% return. Over the past 10 years, AMRGX has underperformed SPY with an annualized return of 8.36%, while SPY has yielded a comparatively higher 12.73% annualized return.
AMRGX
-5.08%
2.37%
-10.79%
3.98%
10.15%
9.37%
8.36%
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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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.
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Dividends
AMRGX vs. SPY - Dividend Comparison
AMRGX's dividend yield for the trailing twelve months is around 13.05%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMRGX American Growth Fund Series One | 13.05% | 12.39% | 8.17% | 7.77% | 12.21% | 2.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.22% | 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 -79.73%, 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.
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Volatility
AMRGX vs. SPY - Volatility Comparison
American Growth Fund Series One (AMRGX) and SPDR S&P 500 ETF (SPY) have volatilities of 5.07% and 4.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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