ATSX.TO vs. SPYV
Compare and contrast key facts about Accelerate Enhanced Canadian Benchmark Alternative Fund (ATSX.TO) and SPDR Portfolio S&P 500 Value ETF (SPYV).
ATSX.TO and SPYV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPYV is a passively managed fund by State Street that tracks the performance of the S&P 500 Value. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ATSX.TO or SPYV.
Key characteristics
| ATSX.TO | SPYV | |
|---|---|---|
| YTD Return | 5.18% | 3.74% |
| 1Y Return | 10.12% | 21.09% |
| 3Y Return (Ann) | 8.02% | 8.99% |
| Sharpe Ratio | 0.62 | 1.84 |
| Daily Std Dev | 12.83% | 10.95% |
| Max Drawdown | -25.95% | -58.45% |
| Current Drawdown | -4.00% | -3.95% |
Correlation
The correlation between ATSX.TO and SPYV is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ATSX.TO vs. SPYV - Performance Comparison
In the year-to-date period, ATSX.TO achieves a 5.18% return, which is significantly higher than SPYV's 3.74% 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
ATSX.TO vs. SPYV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Accelerate Enhanced Canadian Benchmark Alternative Fund (ATSX.TO) and SPDR Portfolio S&P 500 Value ETF (SPYV). 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
ATSX.TO vs. SPYV - Dividend Comparison
ATSX.TO's dividend yield for the trailing twelve months is around 7.21%, more than SPYV's 1.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATSX.TO Accelerate Enhanced Canadian Benchmark Alternative Fund | 7.21% | 7.45% | 7.37% | 4.33% | 1.92% | 3.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYV SPDR Portfolio S&P 500 Value ETF | 1.86% | 1.75% | 2.22% | 2.10% | 2.38% | 2.25% | 2.97% | 2.77% | 2.39% | 2.53% | 2.19% | 1.96% |
Drawdowns
ATSX.TO vs. SPYV - Drawdown Comparison
The maximum ATSX.TO drawdown since its inception was -25.95%, smaller than the maximum SPYV drawdown of -58.45%. Use the drawdown chart below to compare losses from any high point for ATSX.TO and SPYV. For additional features, visit the drawdowns tool.
Volatility
ATSX.TO vs. SPYV - Volatility Comparison
Accelerate Enhanced Canadian Benchmark Alternative Fund (ATSX.TO) has a higher volatility of 4.69% compared to SPDR Portfolio S&P 500 Value ETF (SPYV) at 3.13%. This indicates that ATSX.TO's price experiences larger fluctuations and is considered to be riskier than SPYV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.