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ANOIX vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ANOIXSPY
YTD Return0.64%7.26%
1Y Return10.08%25.03%
3Y Return (Ann)-4.77%8.37%
5Y Return (Ann)9.35%13.44%
10Y Return (Ann)10.73%12.49%
Sharpe Ratio0.622.35
Daily Std Dev17.12%11.68%
Max Drawdown-59.46%-55.19%
Current Drawdown-24.57%-2.85%

Correlation

-0.50.00.51.00.8

The correlation between ANOIX and SPY is 0.83, 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

ANOIX vs. SPY - Performance Comparison

In the year-to-date period, ANOIX achieves a 0.64% return, which is significantly lower than SPY's 7.26% return. Over the past 10 years, ANOIX has underperformed SPY with an annualized return of 10.73%, while SPY has yielded a comparatively higher 12.49% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


400.00%450.00%500.00%550.00%600.00%650.00%700.00%750.00%NovemberDecember2024FebruaryMarchApril
689.33%
559.54%
ANOIX
SPY

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


American Century Small Cap Growth Fund

SPDR S&P 500 ETF

ANOIX vs. SPY - Expense Ratio Comparison

ANOIX has a 1.17% expense ratio, which is higher than SPY's 0.09% expense ratio.


ANOIX
American Century Small Cap Growth Fund
Expense ratio chart for ANOIX: current value at 1.17% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.17%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

ANOIX vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Small Cap Growth Fund (ANOIX) 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.


ANOIX
Sharpe ratio
The chart of Sharpe ratio for ANOIX, currently valued at 0.62, compared to the broader market-1.000.001.002.003.004.000.62
Sortino ratio
The chart of Sortino ratio for ANOIX, currently valued at 0.99, compared to the broader market-2.000.002.004.006.008.0010.0012.000.99
Omega ratio
The chart of Omega ratio for ANOIX, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.001.11
Calmar ratio
The chart of Calmar ratio for ANOIX, currently valued at 0.28, compared to the broader market0.002.004.006.008.0010.0012.000.28
Martin ratio
The chart of Martin ratio for ANOIX, currently valued at 1.74, compared to the broader market0.0010.0020.0030.0040.0050.001.74
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 2.35, compared to the broader market-1.000.001.002.003.004.002.35
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 3.40, compared to the broader market-2.000.002.004.006.008.0010.0012.003.40
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.001.41
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 2.04, compared to the broader market0.002.004.006.008.0010.0012.002.04
Martin ratio
The chart of Martin ratio for SPY, currently valued at 9.60, compared to the broader market0.0010.0020.0030.0040.0050.009.60

ANOIX vs. SPY - Sharpe Ratio Comparison

The current ANOIX Sharpe Ratio is 0.62, which is lower than the SPY Sharpe Ratio of 2.35. The chart below compares the 12-month rolling Sharpe Ratio of ANOIX and SPY.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2024FebruaryMarchApril
0.62
2.35
ANOIX
SPY

Dividends

ANOIX vs. SPY - Dividend Comparison

ANOIX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.32%.


TTM20232022202120202019201820172016201520142013
ANOIX
American Century Small Cap Growth Fund
0.00%0.00%0.00%21.29%11.07%5.50%16.59%3.93%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.32%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

ANOIX vs. SPY - Drawdown Comparison

The maximum ANOIX drawdown since its inception was -59.46%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ANOIX and SPY. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2024FebruaryMarchApril
-24.57%
-2.85%
ANOIX
SPY

Volatility

ANOIX vs. SPY - Volatility Comparison

American Century Small Cap Growth Fund (ANOIX) has a higher volatility of 5.14% compared to SPDR S&P 500 ETF (SPY) at 3.58%. This indicates that ANOIX'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.


2.00%3.00%4.00%5.00%6.00%7.00%NovemberDecember2024FebruaryMarchApril
5.14%
3.58%
ANOIX
SPY