AX vs. SPY
Compare and contrast key facts about Axos Financial, Inc. (AX) and SPDR S&P 500 ETF (SPY).
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: AX or SPY.
Correlation
The correlation between AX and SPY is 0.39, 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.
Performance
AX vs. SPY - Performance Comparison
Key characteristics
AX:
0.77
SPY:
0.72
AX:
1.50
SPY:
1.13
AX:
1.18
SPY:
1.17
AX:
0.95
SPY:
0.76
AX:
1.90
SPY:
3.04
AX:
17.47%
SPY:
4.72%
AX:
42.05%
SPY:
20.06%
AX:
-70.49%
SPY:
-55.19%
AX:
-22.21%
SPY:
-7.25%
Returns By Period
In the year-to-date period, AX achieves a -3.55% return, which is significantly lower than SPY's -3.01% return. Over the past 10 years, AX has underperformed SPY with an annualized return of 11.25%, while SPY has yielded a comparatively higher 12.45% annualized return.
AX
-3.55%
3.04%
2.31%
17.59%
25.21%
11.25%
SPY
-3.01%
0.40%
-0.12%
13.65%
16.65%
12.45%
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Risk-Adjusted Performance
AX vs. SPY — Risk-Adjusted Performance Rank
AX
SPY
AX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Axos Financial, Inc. (AX) 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
AX vs. SPY - Dividend Comparison
AX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.26%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AX Axos Financial, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.26% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
AX vs. SPY - Drawdown Comparison
The maximum AX drawdown since its inception was -70.49%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AX and SPY. For additional features, visit the drawdowns tool.
Volatility
AX vs. SPY - Volatility Comparison
Axos Financial, Inc. (AX) has a higher volatility of 16.69% compared to SPDR S&P 500 ETF (SPY) at 15.07%. This indicates that AX'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.