APPLX vs. SPY
Compare and contrast key facts about Appleseed Fund (APPLX) and SPDR S&P 500 ETF (SPY).
APPLX is managed by Appleseed Fund. It was launched on Dec 7, 2006. 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: APPLX or SPY.
Correlation
The correlation between APPLX and SPY is 0.72, 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
APPLX vs. SPY - Performance Comparison
Key characteristics
APPLX:
0.05
SPY:
2.21
APPLX:
0.15
SPY:
2.93
APPLX:
1.02
SPY:
1.41
APPLX:
0.03
SPY:
3.26
APPLX:
0.23
SPY:
14.40
APPLX:
2.76%
SPY:
1.90%
APPLX:
13.47%
SPY:
12.44%
APPLX:
-47.08%
SPY:
-55.19%
APPLX:
-19.01%
SPY:
-1.83%
Returns By Period
In the year-to-date period, APPLX achieves a -0.21% return, which is significantly lower than SPY's 26.72% return. Over the past 10 years, APPLX has underperformed SPY with an annualized return of 2.22%, while SPY has yielded a comparatively higher 13.04% annualized return.
APPLX
-0.21%
-8.96%
-1.96%
0.36%
1.49%
2.22%
SPY
26.72%
0.20%
10.28%
27.17%
14.87%
13.04%
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APPLX vs. SPY - Expense Ratio Comparison
APPLX has a 1.14% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
APPLX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Appleseed Fund (APPLX) 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
APPLX vs. SPY - Dividend Comparison
APPLX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APPLX Appleseed Fund | 0.00% | 1.96% | 0.00% | 1.02% | 1.46% | 2.68% | 0.07% | 0.63% | 1.47% | 0.00% | 0.00% | 0.02% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
APPLX vs. SPY - Drawdown Comparison
The maximum APPLX drawdown since its inception was -47.08%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for APPLX and SPY. For additional features, visit the drawdowns tool.
Volatility
APPLX vs. SPY - Volatility Comparison
Appleseed Fund (APPLX) has a higher volatility of 6.88% compared to SPDR S&P 500 ETF (SPY) at 3.83%. This indicates that APPLX'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.