ARCIX vs. SPY
Compare and contrast key facts about AQR Risk-Balanced Commodities Strategy Fund (ARCIX) and SPDR S&P 500 ETF (SPY).
ARCIX is managed by AQR Funds. It was launched on Jul 8, 2012. 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: ARCIX or SPY.
Correlation
The correlation between ARCIX and SPY is 0.23, 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
ARCIX vs. SPY - Performance Comparison
Key characteristics
ARCIX:
1.63
SPY:
1.97
ARCIX:
2.31
SPY:
2.64
ARCIX:
1.29
SPY:
1.36
ARCIX:
1.38
SPY:
2.97
ARCIX:
3.53
SPY:
12.34
ARCIX:
6.27%
SPY:
2.03%
ARCIX:
13.57%
SPY:
12.68%
ARCIX:
-54.25%
SPY:
-55.19%
ARCIX:
-0.53%
SPY:
-0.01%
Returns By Period
In the year-to-date period, ARCIX achieves a 8.49% return, which is significantly higher than SPY's 4.03% return. Over the past 10 years, ARCIX has underperformed SPY with an annualized return of 8.16%, while SPY has yielded a comparatively higher 13.22% annualized return.
ARCIX
8.49%
3.73%
15.57%
22.77%
17.99%
8.16%
SPY
4.03%
2.85%
10.70%
23.01%
14.30%
13.22%
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ARCIX vs. SPY - Expense Ratio Comparison
ARCIX has a 1.00% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ARCIX vs. SPY — Risk-Adjusted Performance Rank
ARCIX
SPY
ARCIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Risk-Balanced Commodities Strategy Fund (ARCIX) 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
ARCIX vs. SPY - Dividend Comparison
ARCIX's dividend yield for the trailing twelve months is around 1.95%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARCIX AQR Risk-Balanced Commodities Strategy Fund | 1.95% | 2.11% | 7.56% | 9.52% | 18.23% | 0.00% | 5.19% | 0.67% | 0.01% | 4.82% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ARCIX vs. SPY - Drawdown Comparison
The maximum ARCIX drawdown since its inception was -54.25%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ARCIX and SPY. For additional features, visit the drawdowns tool.
Volatility
ARCIX vs. SPY - Volatility Comparison
The current volatility for AQR Risk-Balanced Commodities Strategy Fund (ARCIX) is 2.97%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.15%. This indicates that ARCIX 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.