AOMR vs. SPY
Compare and contrast key facts about Angel Oak Mortgage, Inc. (AOMR) 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: AOMR or SPY.
Correlation
The correlation between AOMR and SPY is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AOMR vs. SPY - Performance Comparison
Key characteristics
AOMR:
0.04
SPY:
0.70
AOMR:
0.28
SPY:
1.11
AOMR:
1.04
SPY:
1.17
AOMR:
0.03
SPY:
0.75
AOMR:
0.06
SPY:
2.96
AOMR:
18.58%
SPY:
4.74%
AOMR:
31.65%
SPY:
20.05%
AOMR:
-71.22%
SPY:
-55.19%
AOMR:
-19.11%
SPY:
-7.79%
Returns By Period
In the year-to-date period, AOMR achieves a 8.83% return, which is significantly higher than SPY's -3.56% return.
AOMR
8.83%
16.01%
14.35%
-1.85%
N/A
N/A
SPY
-3.56%
11.52%
-0.47%
11.62%
16.42%
12.25%
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Risk-Adjusted Performance
AOMR vs. SPY — Risk-Adjusted Performance Rank
AOMR
SPY
AOMR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Angel Oak Mortgage, Inc. (AOMR) 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
AOMR vs. SPY - Dividend Comparison
AOMR's dividend yield for the trailing twelve months is around 13.09%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOMR Angel Oak Mortgage, Inc. | 13.09% | 13.79% | 12.08% | 35.31% | 2.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
AOMR vs. SPY - Drawdown Comparison
The maximum AOMR drawdown since its inception was -71.22%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AOMR and SPY. For additional features, visit the drawdowns tool.
Volatility
AOMR vs. SPY - Volatility Comparison
Angel Oak Mortgage, Inc. (AOMR) has a higher volatility of 18.15% compared to SPDR S&P 500 ETF (SPY) at 14.12%. This indicates that AOMR'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.