AUEIX vs. SPY
Compare and contrast key facts about AQR Large Cap Defensive Style Fund (AUEIX) and SPDR S&P 500 ETF (SPY).
AUEIX is managed by AQR Funds. It was launched on Jul 9, 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: AUEIX or SPY.
Correlation
The correlation between AUEIX and SPY is 0.92, 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
AUEIX vs. SPY - Performance Comparison
Key characteristics
AUEIX:
-0.26
SPY:
2.21
AUEIX:
-0.16
SPY:
2.93
AUEIX:
0.95
SPY:
1.41
AUEIX:
-0.22
SPY:
3.26
AUEIX:
-1.74
SPY:
14.43
AUEIX:
3.20%
SPY:
1.90%
AUEIX:
21.27%
SPY:
12.41%
AUEIX:
-33.57%
SPY:
-55.19%
AUEIX:
-24.70%
SPY:
-2.74%
Returns By Period
In the year-to-date period, AUEIX achieves a -7.15% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, AUEIX has underperformed SPY with an annualized return of 8.56%, while SPY has yielded a comparatively higher 12.97% annualized return.
AUEIX
-7.15%
-21.30%
-15.25%
-6.30%
4.15%
8.56%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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AUEIX vs. SPY - Expense Ratio Comparison
AUEIX has a 0.37% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
AUEIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AQR Large Cap Defensive Style Fund (AUEIX) 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
AUEIX vs. SPY - Dividend Comparison
AUEIX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.86%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AUEIX AQR Large Cap Defensive Style Fund | 0.00% | 2.38% | 1.39% | 1.06% | 1.29% | 1.10% | 1.22% | 1.44% | 1.45% | 0.95% | 1.98% | 0.63% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
AUEIX vs. SPY - Drawdown Comparison
The maximum AUEIX drawdown since its inception was -33.57%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AUEIX and SPY. For additional features, visit the drawdowns tool.
Volatility
AUEIX vs. SPY - Volatility Comparison
AQR Large Cap Defensive Style Fund (AUEIX) has a higher volatility of 21.83% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that AUEIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.