ARTGX vs. SPY
Compare and contrast key facts about Artisan Global Value Fund (ARTGX) and SPDR S&P 500 ETF (SPY).
ARTGX is managed by Artisan Partners Funds. It was launched on Dec 9, 2007. 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: ARTGX or SPY.
Key characteristics
| ARTGX | SPY | |
|---|---|---|
| YTD Return | 10.60% | 11.58% |
| 1Y Return | 24.18% | 29.17% |
| 3Y Return (Ann) | 6.78% | 9.98% |
| 5Y Return (Ann) | 10.77% | 14.95% |
| 10Y Return (Ann) | 7.77% | 12.88% |
| Sharpe Ratio | 2.50 | 2.67 |
| Daily Std Dev | 10.18% | 11.53% |
| Max Drawdown | -49.92% | -55.19% |
| Current Drawdown | -0.22% | -0.21% |
Correlation
The correlation between ARTGX and SPY is 0.87, 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
ARTGX vs. SPY - Performance Comparison
In the year-to-date period, ARTGX achieves a 10.60% return, which is significantly lower than SPY's 11.58% return. Over the past 10 years, ARTGX has underperformed SPY with an annualized return of 7.77%, while SPY has yielded a comparatively higher 12.88% 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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ARTGX vs. SPY - Expense Ratio Comparison
ARTGX has a 1.25% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ARTGX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Artisan Global Value Fund (ARTGX) 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
ARTGX vs. SPY - Dividend Comparison
ARTGX's dividend yield for the trailing twelve months is around 2.60%, more than SPY's 1.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARTGX Artisan Global Value Fund | 2.60% | 2.87% | 3.84% | 9.38% | 0.05% | 1.29% | 6.35% | 2.01% | 2.66% | 5.95% | 3.35% | 2.24% |
SPY SPDR S&P 500 ETF | 1.27% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
ARTGX vs. SPY - Drawdown Comparison
The maximum ARTGX drawdown since its inception was -49.92%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ARTGX and SPY. For additional features, visit the drawdowns tool.
Volatility
ARTGX vs. SPY - Volatility Comparison
The current volatility for Artisan Global Value Fund (ARTGX) is 2.59%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.40%. This indicates that ARTGX 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.