APGYX vs. SPY
Compare and contrast key facts about AB Large Cap Growth Fund Advisor Class (APGYX) and SPDR S&P 500 ETF (SPY).
APGYX is managed by AllianceBernstein. It was launched on Jan 10, 1996. 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: APGYX or SPY.
Key characteristics
APGYX | SPY | |
---|---|---|
YTD Return | 7.05% | 5.60% |
1Y Return | 28.43% | 23.55% |
3Y Return (Ann) | 6.66% | 7.83% |
5Y Return (Ann) | 15.05% | 13.05% |
10Y Return (Ann) | 15.53% | 12.30% |
Sharpe Ratio | 1.85 | 1.91 |
Daily Std Dev | 14.58% | 11.63% |
Max Drawdown | -66.33% | -55.19% |
Current Drawdown | -6.71% | -4.36% |
Correlation
The correlation between APGYX and SPY is 0.91, 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
APGYX vs. SPY - Performance Comparison
In the year-to-date period, APGYX achieves a 7.05% return, which is significantly higher than SPY's 5.60% return. Over the past 10 years, APGYX has outperformed SPY with an annualized return of 15.53%, while SPY has yielded a comparatively lower 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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APGYX vs. SPY - Expense Ratio Comparison
APGYX has a 0.59% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
APGYX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Large Cap Growth Fund Advisor Class (APGYX) 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
APGYX vs. SPY - Dividend Comparison
APGYX's dividend yield for the trailing twelve months is around 1.54%, more than SPY's 1.34% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
AB Large Cap Growth Fund Advisor Class | 1.54% | 1.65% | 0.86% | 7.17% | 2.59% | 3.43% | 9.08% | 3.77% | 2.67% | 8.57% | 14.37% | 4.01% |
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
APGYX vs. SPY - Drawdown Comparison
The maximum APGYX drawdown since its inception was -66.33%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for APGYX and SPY. For additional features, visit the drawdowns tool.
Volatility
APGYX vs. SPY - Volatility Comparison
AB Large Cap Growth Fund Advisor Class (APGYX) has a higher volatility of 5.15% compared to SPDR S&P 500 ETF (SPY) at 3.88%. This indicates that APGYX'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.