ANDIX vs. SPY
Compare and contrast key facts about AQR International Defensive Style Fund (ANDIX) and SPDR S&P 500 ETF (SPY).
ANDIX is managed by AQR Funds. It was launched on Jul 9, 2012. 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: ANDIX or SPY.
Key characteristics
| ANDIX | SPY | |
|---|---|---|
| YTD Return | -0.94% | 5.60% |
| 1Y Return | 1.03% | 23.55% |
| 3Y Return (Ann) | -0.23% | 7.83% |
| 5Y Return (Ann) | 3.63% | 13.05% |
| 10Y Return (Ann) | 3.65% | 12.30% |
| Sharpe Ratio | 0.05 | 1.91 |
| Daily Std Dev | 11.11% | 11.63% |
| Max Drawdown | -28.99% | -55.19% |
| Current Drawdown | -7.39% | -4.36% |
Correlation
The correlation between ANDIX and SPY is 0.75, 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
ANDIX vs. SPY - Performance Comparison
In the year-to-date period, ANDIX achieves a -0.94% return, which is significantly lower than SPY's 5.60% return. Over the past 10 years, ANDIX has underperformed SPY with an annualized return of 3.65%, 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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ANDIX vs. SPY - Expense Ratio Comparison
ANDIX has a 0.55% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ANDIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR International Defensive Style Fund (ANDIX) 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
ANDIX vs. SPY - Dividend Comparison
ANDIX's dividend yield for the trailing twelve months is around 3.04%, more than SPY's 1.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANDIX AQR International Defensive Style Fund | 3.04% | 3.02% | 2.00% | 2.53% | 1.73% | 2.50% | 2.40% | 3.30% | 1.47% | 2.09% | 5.20% | 2.40% |
SPY 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
ANDIX vs. SPY - Drawdown Comparison
The maximum ANDIX drawdown since its inception was -28.99%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ANDIX and SPY. For additional features, visit the drawdowns tool.
Volatility
ANDIX vs. SPY - Volatility Comparison
The current volatility for AQR International Defensive Style Fund (ANDIX) is 3.03%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.88%. This indicates that ANDIX 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.