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.
Performance
APPLX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, APPLX achieves a 9.61% return, which is significantly lower than SPY's 26.47% return. Over the past 10 years, APPLX has underperformed SPY with an annualized return of 2.00%, while SPY has yielded a comparatively higher 13.14% annualized return.
APPLX
9.61%
3.22%
5.41%
20.55%
5.03%
2.00%
SPY
26.47%
3.03%
13.19%
32.65%
15.68%
13.14%
Key characteristics
| APPLX | SPY | |
|---|---|---|
| Sharpe Ratio | 1.65 | 2.69 |
| Sortino Ratio | 2.33 | 3.59 |
| Omega Ratio | 1.30 | 1.50 |
| Calmar Ratio | 0.79 | 3.88 |
| Martin Ratio | 8.77 | 17.47 |
| Ulcer Index | 2.34% | 1.87% |
| Daily Std Dev | 12.43% | 12.14% |
| Max Drawdown | -47.08% | -55.19% |
| Current Drawdown | -11.04% | -0.54% |
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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.
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.
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's dividend yield for the trailing twelve months is around 1.79%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APPLX Appleseed Fund | 1.79% | 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 | 1.18% | 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) and SPDR S&P 500 ETF (SPY) have volatilities of 3.94% and 3.98%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.