ANCFX vs. SPY
Compare and contrast key facts about American Funds Fundamental Investors Class A (ANCFX) and SPDR S&P 500 ETF (SPY).
ANCFX is managed by American Funds. It was launched on Jan 8, 1978. 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: ANCFX or SPY.
Key characteristics
ANCFX | SPY | |
---|---|---|
YTD Return | 6.82% | 5.60% |
1Y Return | 26.32% | 23.55% |
3Y Return (Ann) | 7.37% | 7.83% |
5Y Return (Ann) | 11.68% | 13.05% |
10Y Return (Ann) | 11.47% | 12.30% |
Sharpe Ratio | 2.03 | 1.91 |
Daily Std Dev | 12.21% | 11.63% |
Max Drawdown | -52.56% | -55.19% |
Current Drawdown | -4.26% | -4.36% |
Correlation
The correlation between ANCFX and SPY is 0.92, 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
ANCFX vs. SPY - Performance Comparison
In the year-to-date period, ANCFX achieves a 6.82% return, which is significantly higher than SPY's 5.60% return. Over the past 10 years, ANCFX has underperformed SPY with an annualized return of 11.47%, while SPY has yielded a comparatively higher 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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ANCFX vs. SPY - Expense Ratio Comparison
ANCFX has a 0.59% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ANCFX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Fundamental Investors Class A (ANCFX) 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
ANCFX vs. SPY - Dividend Comparison
ANCFX's dividend yield for the trailing twelve months is around 5.44%, more than SPY's 1.34% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
American Funds Fundamental Investors Class A | 5.44% | 5.80% | 4.98% | 10.97% | 2.61% | 7.34% | 10.96% | 7.68% | 4.66% | 6.28% | 9.83% | 3.46% |
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
ANCFX vs. SPY - Drawdown Comparison
The maximum ANCFX drawdown since its inception was -52.56%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ANCFX and SPY. For additional features, visit the drawdowns tool.
Volatility
ANCFX vs. SPY - Volatility Comparison
American Funds Fundamental Investors Class A (ANCFX) has a higher volatility of 4.26% compared to SPDR S&P 500 ETF (SPY) at 3.88%. This indicates that ANCFX'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.