AMRMX vs. SPLG
Compare and contrast key facts about American Funds American Mutual Fund Class A (AMRMX) and SPDR Portfolio S&P 500 ETF (SPLG).
AMRMX is managed by American Funds. It was launched on Feb 21, 1950. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMRMX or SPLG.
Key characteristics
| AMRMX | SPLG | |
|---|---|---|
| YTD Return | 4.48% | 7.70% |
| 1Y Return | 11.29% | 24.57% |
| 3Y Return (Ann) | 7.00% | 8.63% |
| 5Y Return (Ann) | 9.51% | 13.72% |
| 10Y Return (Ann) | 9.37% | 12.73% |
| Sharpe Ratio | 1.36 | 2.23 |
| Daily Std Dev | 8.97% | 11.53% |
| Max Drawdown | -47.60% | -54.50% |
| Current Drawdown | -2.43% | -2.49% |
Correlation
The correlation between AMRMX and SPLG is 0.80, 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
AMRMX vs. SPLG - Performance Comparison
In the year-to-date period, AMRMX achieves a 4.48% return, which is significantly lower than SPLG's 7.70% return. Over the past 10 years, AMRMX has underperformed SPLG with an annualized return of 9.37%, while SPLG has yielded a comparatively higher 12.73% 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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AMRMX vs. SPLG - Expense Ratio Comparison
AMRMX has a 0.58% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
AMRMX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American Mutual Fund Class A (AMRMX) and SPDR Portfolio S&P 500 ETF (SPLG). 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
AMRMX vs. SPLG - Dividend Comparison
AMRMX's dividend yield for the trailing twelve months is around 3.61%, more than SPLG's 1.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMRMX American Funds American Mutual Fund Class A | 3.61% | 3.75% | 4.88% | 4.67% | 1.74% | 4.76% | 6.61% | 6.09% | 4.82% | 6.51% | 5.44% | 4.49% |
SPLG SPDR Portfolio S&P 500 ETF | 1.37% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% | 1.71% |
Drawdowns
AMRMX vs. SPLG - Drawdown Comparison
The maximum AMRMX drawdown since its inception was -47.60%, smaller than the maximum SPLG drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for AMRMX and SPLG. For additional features, visit the drawdowns tool.
Volatility
AMRMX vs. SPLG - Volatility Comparison
The current volatility for American Funds American Mutual Fund Class A (AMRMX) is 2.76%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 3.62%. This indicates that AMRMX experiences smaller price fluctuations and is considered to be less risky than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.