Correlation
The correlation between ARCIX and SPY is 0.22, 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.
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.
Performance
ARCIX vs. SPY - Performance Comparison
Loading data...
Key characteristics
ARCIX:
-0.01
SPY:
0.70
ARCIX:
-0.15
SPY:
1.02
ARCIX:
0.98
SPY:
1.15
ARCIX:
-0.19
SPY:
0.68
ARCIX:
-0.44
SPY:
2.57
ARCIX:
5.98%
SPY:
4.93%
ARCIX:
14.29%
SPY:
20.42%
ARCIX:
-54.26%
SPY:
-55.19%
ARCIX:
-6.37%
SPY:
-3.55%
Returns By Period
In the year-to-date period, ARCIX achieves a 2.75% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, ARCIX has underperformed SPY with an annualized return of 8.24%, while SPY has yielded a comparatively higher 12.73% annualized return.
ARCIX
2.75%
0.56%
3.52%
-0.20%
1.74%
21.44%
8.24%
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Loading data...
Dividends
ARCIX vs. SPY - Dividend Comparison
ARCIX's dividend yield for the trailing twelve months is around 2.05%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARCIX AQR Risk-Balanced Commodities Strategy Fund | 2.05% | 2.11% | 7.57% | 9.51% | 18.23% | 0.09% | 5.19% | 0.66% | 0.01% | 4.82% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.22% | 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 -54.26%, 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.
Loading data...
Volatility
ARCIX vs. SPY - Volatility Comparison
The current volatility for AQR Risk-Balanced Commodities Strategy Fund (ARCIX) is 3.21%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.86%. 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.
Loading data...