CAIBX vs. SPYD
Compare and contrast key facts about American Funds Capital Income Builder Class A (CAIBX) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD).
CAIBX is managed by American Funds. It was launched on Jul 30, 1987. SPYD is a passively managed fund by State Street that tracks the performance of the S&P 500 High Dividend Index. It was launched on Oct 21, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CAIBX or SPYD.
Key characteristics
| CAIBX | SPYD | |
|---|---|---|
| YTD Return | 11.60% | 20.38% |
| 1Y Return | 21.25% | 40.23% |
| 3Y Return (Ann) | 4.95% | 7.95% |
| 5Y Return (Ann) | 6.71% | 8.31% |
| Sharpe Ratio | 2.72 | 2.87 |
| Sortino Ratio | 3.83 | 4.08 |
| Omega Ratio | 1.52 | 1.52 |
| Calmar Ratio | 2.66 | 2.00 |
| Martin Ratio | 18.66 | 20.04 |
| Ulcer Index | 1.14% | 1.96% |
| Daily Std Dev | 7.82% | 13.67% |
| Max Drawdown | -42.73% | -46.42% |
| Current Drawdown | -2.08% | -1.12% |
Correlation
The correlation between CAIBX and SPYD is 0.79, 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
CAIBX vs. SPYD - Performance Comparison
In the year-to-date period, CAIBX achieves a 11.60% return, which is significantly lower than SPYD's 20.38% 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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CAIBX vs. SPYD - Expense Ratio Comparison
CAIBX has a 0.59% expense ratio, which is higher than SPYD's 0.07% expense ratio.
Risk-Adjusted Performance
CAIBX vs. SPYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Capital Income Builder Class A (CAIBX) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD). 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
CAIBX vs. SPYD - Dividend Comparison
CAIBX's dividend yield for the trailing twelve months is around 3.13%, less than SPYD's 4.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAIBX American Funds Capital Income Builder Class A | 3.13% | 3.36% | 3.43% | 3.14% | 3.38% | 3.29% | 3.80% | 3.41% | 3.52% | 3.60% | 4.63% | 3.30% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 4.05% | 4.66% | 5.01% | 3.69% | 4.96% | 4.42% | 4.75% | 4.64% | 4.34% | 1.13% | 0.00% | 0.00% |
Drawdowns
CAIBX vs. SPYD - Drawdown Comparison
The maximum CAIBX drawdown since its inception was -42.73%, smaller than the maximum SPYD drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for CAIBX and SPYD. For additional features, visit the drawdowns tool.
Volatility
CAIBX vs. SPYD - Volatility Comparison
The current volatility for American Funds Capital Income Builder Class A (CAIBX) is 2.02%, while SPDR Portfolio S&P 500 High Dividend ETF (SPYD) has a volatility of 3.63%. This indicates that CAIBX experiences smaller price fluctuations and is considered to be less risky than SPYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.