AMSC vs. SPYG
Compare and contrast key facts about American Superconductor Corporation (AMSC) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMSC or SPYG.
Key characteristics
| AMSC | SPYG | |
|---|---|---|
| YTD Return | 81.51% | 24.49% |
| 1Y Return | 118.59% | 30.39% |
| 3Y Return (Ann) | 10.74% | 6.88% |
| 5Y Return (Ann) | 21.43% | 16.95% |
| 10Y Return (Ann) | 1.23% | 14.64% |
| Sharpe Ratio | 1.43 | 1.86 |
| Daily Std Dev | 76.22% | 16.26% |
| Max Drawdown | -99.57% | -67.79% |
| Current Drawdown | -97.08% | -3.98% |
Correlation
The correlation between AMSC and SPYG is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AMSC vs. SPYG - Performance Comparison
In the year-to-date period, AMSC achieves a 81.51% return, which is significantly higher than SPYG's 24.49% return. Over the past 10 years, AMSC has underperformed SPYG with an annualized return of 1.23%, while SPYG has yielded a comparatively higher 14.64% 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
AMSC vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Superconductor Corporation (AMSC) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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
AMSC vs. SPYG - Dividend Comparison
AMSC has not paid dividends to shareholders, while SPYG's dividend yield for the trailing twelve months is around 0.76%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMSC American Superconductor Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.76% | 1.15% | 1.03% | 0.62% | 0.90% | 1.37% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
Drawdowns
AMSC vs. SPYG - Drawdown Comparison
The maximum AMSC drawdown since its inception was -99.57%, which is greater than SPYG's maximum drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for AMSC and SPYG. For additional features, visit the drawdowns tool.
Volatility
AMSC vs. SPYG - Volatility Comparison
American Superconductor Corporation (AMSC) has a higher volatility of 21.67% compared to SPDR Portfolio S&P 500 Growth ETF (SPYG) at 6.82%. This indicates that AMSC's price experiences larger fluctuations and is considered to be riskier than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.