AWEIX vs. SPY
Compare and contrast key facts about CIBC Atlas Disciplined Equity Fund (AWEIX) and SPDR S&P 500 ETF (SPY).
AWEIX is managed by CIBC Private Wealth Management. It was launched on Dec 1, 2005. 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: AWEIX or SPY.
Correlation
The correlation between AWEIX and SPY is 0.96, 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
AWEIX vs. SPY - Performance Comparison
Key characteristics
AWEIX:
0.99
SPY:
1.88
AWEIX:
1.32
SPY:
2.53
AWEIX:
1.19
SPY:
1.35
AWEIX:
1.10
SPY:
2.83
AWEIX:
3.77
SPY:
11.74
AWEIX:
3.33%
SPY:
2.02%
AWEIX:
12.71%
SPY:
12.64%
AWEIX:
-55.48%
SPY:
-55.19%
AWEIX:
-6.02%
SPY:
-0.42%
Returns By Period
In the year-to-date period, AWEIX achieves a 3.41% return, which is significantly lower than SPY's 4.15% return. Over the past 10 years, AWEIX has underperformed SPY with an annualized return of 8.11%, while SPY has yielded a comparatively higher 13.18% annualized return.
AWEIX
3.41%
0.91%
1.63%
12.59%
7.06%
8.11%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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AWEIX vs. SPY - Expense Ratio Comparison
AWEIX has a 0.72% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
AWEIX vs. SPY — Risk-Adjusted Performance Rank
AWEIX
SPY
AWEIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CIBC Atlas Disciplined Equity Fund (AWEIX) 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
AWEIX vs. SPY - Dividend Comparison
AWEIX's dividend yield for the trailing twelve months is around 0.60%, less than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AWEIX CIBC Atlas Disciplined Equity Fund | 0.60% | 0.62% | 0.88% | 0.92% | 0.48% | 0.59% | 0.81% | 1.80% | 0.81% | 0.91% | 0.98% | 0.80% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
AWEIX vs. SPY - Drawdown Comparison
The maximum AWEIX drawdown since its inception was -55.48%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AWEIX and SPY. For additional features, visit the drawdowns tool.
Volatility
AWEIX vs. SPY - Volatility Comparison
The current volatility for CIBC Atlas Disciplined Equity Fund (AWEIX) is 2.64%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.93%. This indicates that AWEIX 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.