ARGFX vs. ^SP400
Compare and contrast key facts about Ariel Fund (ARGFX) and S&P 400 (^SP400).
ARGFX is managed by Ariel Investments. It was launched on Nov 6, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARGFX or ^SP400.
Key characteristics
| ARGFX | ^SP400 | |
|---|---|---|
| YTD Return | 17.83% | 16.59% |
| 1Y Return | 25.87% | 27.58% |
| 3Y Return (Ann) | -3.75% | 3.71% |
| 5Y Return (Ann) | 4.13% | 10.17% |
| 10Y Return (Ann) | 0.62% | 8.56% |
| Sharpe Ratio | 1.42 | 1.77 |
| Sortino Ratio | 1.99 | 2.52 |
| Omega Ratio | 1.25 | 1.31 |
| Calmar Ratio | 0.81 | 2.08 |
| Martin Ratio | 7.33 | 9.92 |
| Ulcer Index | 3.69% | 2.84% |
| Daily Std Dev | 19.05% | 15.89% |
| Max Drawdown | -73.49% | -56.32% |
| Current Drawdown | -11.51% | -2.49% |
Correlation
The correlation between ARGFX and ^SP400 is 0.86, 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
ARGFX vs. ^SP400 - Performance Comparison
In the year-to-date period, ARGFX achieves a 17.83% return, which is significantly higher than ^SP400's 16.59% return. Over the past 10 years, ARGFX has underperformed ^SP400 with an annualized return of 0.62%, while ^SP400 has yielded a comparatively higher 8.56% 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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Risk-Adjusted Performance
ARGFX vs. ^SP400 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ariel Fund (ARGFX) and S&P 400 (^SP400). 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.
Drawdowns
ARGFX vs. ^SP400 - Drawdown Comparison
The maximum ARGFX drawdown since its inception was -73.49%, which is greater than ^SP400's maximum drawdown of -56.32%. Use the drawdown chart below to compare losses from any high point for ARGFX and ^SP400. For additional features, visit the drawdowns tool.
Volatility
ARGFX vs. ^SP400 - Volatility Comparison
Ariel Fund (ARGFX) and S&P 400 (^SP400) have volatilities of 5.57% and 5.33%, 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.