AUNYX vs. SPY
Compare and contrast key facts about AB Municipal Bond Inflation Strategy (AUNYX) and State Street SPDR S&P 500 ETF (SPY).
AUNYX is managed by AllianceBernstein. It was launched on Jan 25, 2010. 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.
Performance
AUNYX vs. SPY - Performance Comparison
Loading graphics...
AUNYX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AUNYX AB Municipal Bond Inflation Strategy | 0.48% | 5.19% | 2.36% | 5.17% | -4.84% | 7.30% | 4.58% | 6.74% | -0.07% | 3.36% |
SPY State Street SPDR S&P 500 ETF | -3.65% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, AUNYX achieves a 0.48% return, which is significantly higher than SPY's -3.65% return. Over the past 10 years, AUNYX has underperformed SPY with an annualized return of 3.00%, while SPY has yielded a comparatively higher 14.06% annualized return.
AUNYX
- 1D
- 0.09%
- 1M
- -1.47%
- YTD
- 0.48%
- 6M
- 1.11%
- 1Y
- 4.23%
- 3Y*
- 3.37%
- 5Y*
- 2.64%
- 10Y*
- 3.00%
SPY
- 1D
- 0.75%
- 1M
- -4.28%
- YTD
- -3.65%
- 6M
- -1.42%
- 1Y
- 18.14%
- 3Y*
- 18.48%
- 5Y*
- 11.86%
- 10Y*
- 14.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AUNYX vs. SPY - Expense Ratio Comparison
AUNYX has a 0.50% expense ratio, which is higher than SPY's 0.09% expense ratio.
Return for Risk
AUNYX vs. SPY — Risk / Return Rank
AUNYX
SPY
AUNYX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Municipal Bond Inflation Strategy (AUNYX) and State Street 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.
| AUNYX | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.29 | 0.96 | +0.33 |
Sortino ratioReturn per unit of downside risk | 1.70 | 1.49 | +0.21 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.23 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.53 | -0.18 |
Martin ratioReturn relative to average drawdown | 5.60 | 7.27 | -1.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| AUNYX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 0.96 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | 0.70 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.79 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 0.56 | +0.27 |
Correlation
The correlation between AUNYX and SPY is 0.14, 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.
Dividends
AUNYX vs. SPY - Dividend Comparison
AUNYX's dividend yield for the trailing twelve months is around 3.29%, more than SPY's 1.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AUNYX AB Municipal Bond Inflation Strategy | 3.29% | 3.26% | 2.53% | 2.44% | 1.64% | 1.66% | 2.37% | 2.86% | 2.64% | 2.13% | 2.01% | 1.90% |
SPY State Street SPDR S&P 500 ETF | 1.13% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
AUNYX vs. SPY - Drawdown Comparison
The maximum AUNYX drawdown since its inception was -14.10%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AUNYX and SPY.
Loading graphics...
Drawdown Indicators
| AUNYX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.10% | -55.19% | +41.09% |
Max Drawdown (1Y)Largest decline over 1 year | -3.33% | -12.05% | +8.72% |
Max Drawdown (5Y)Largest decline over 5 years | -8.44% | -24.50% | +16.06% |
Max Drawdown (10Y)Largest decline over 10 years | -14.10% | -33.72% | +19.62% |
Current DrawdownCurrent decline from peak | -1.47% | -5.53% | +4.06% |
Average DrawdownAverage peak-to-trough decline | -1.39% | -9.09% | +7.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.81% | 2.54% | -1.73% |
Volatility
AUNYX vs. SPY - Volatility Comparison
The current volatility for AB Municipal Bond Inflation Strategy (AUNYX) is 1.10%, while State Street SPDR S&P 500 ETF (SPY) has a volatility of 5.35%. This indicates that AUNYX 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 graphics...
Volatility by Period
| AUNYX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | 5.35% | -4.25% |
Volatility (6M)Calculated over the trailing 6-month period | 1.49% | 9.50% | -8.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.23% | 19.06% | -15.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.40% | 17.06% | -13.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.58% | 17.92% | -14.34% |