AOD vs. SPY
Compare and contrast key facts about Abrdn Total Dynamic Dividend Fund (AOD) and SPDR S&P 500 ETF (SPY).
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: AOD or SPY.
Key characteristics
| AOD | SPY | |
|---|---|---|
| YTD Return | 7.38% | 11.74% |
| 1Y Return | 11.89% | 28.12% |
| 3Y Return (Ann) | 2.34% | 10.36% |
| 5Y Return (Ann) | 9.15% | 14.97% |
| 10Y Return (Ann) | 8.38% | 12.97% |
| Sharpe Ratio | 1.05 | 2.56 |
| Daily Std Dev | 11.81% | 11.48% |
| Max Drawdown | -72.28% | -55.19% |
| Current Drawdown | -1.99% | -0.06% |
Correlation
The correlation between AOD and SPY is 0.73, 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
AOD vs. SPY - Performance Comparison
In the year-to-date period, AOD achieves a 7.38% return, which is significantly lower than SPY's 11.74% return. Over the past 10 years, AOD has underperformed SPY with an annualized return of 8.38%, while SPY has yielded a comparatively higher 12.97% 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
AOD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Abrdn Total Dynamic Dividend Fund (AOD) 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
AOD vs. SPY - Dividend Comparison
AOD's dividend yield for the trailing twelve months is around 7.52%, more than SPY's 1.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOD Abrdn Total Dynamic Dividend Fund | 7.52% | 8.56% | 8.85% | 6.75% | 7.80% | 7.71% | 9.57% | 7.29% | 9.10% | 8.93% | 8.65% | 8.40% |
SPY SPDR S&P 500 ETF | 1.27% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
AOD vs. SPY - Drawdown Comparison
The maximum AOD drawdown since its inception was -72.28%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AOD and SPY. For additional features, visit the drawdowns tool.
Volatility
AOD vs. SPY - Volatility Comparison
The current volatility for Abrdn Total Dynamic Dividend Fund (AOD) is 2.57%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.37%. This indicates that AOD 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.