GAIOX vs. SPLG
Compare and contrast key facts about American Funds Growth and Income Portfolio (GAIOX) and SPDR Portfolio S&P 500 ETF (SPLG).
GAIOX is managed by American Funds. It was launched on May 18, 2012. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GAIOX or SPLG.
Correlation
The correlation between GAIOX and SPLG is 0.94, 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
GAIOX vs. SPLG - Performance Comparison
Key characteristics
GAIOX:
0.43
SPLG:
0.54
GAIOX:
0.67
SPLG:
0.87
GAIOX:
1.10
SPLG:
1.13
GAIOX:
0.43
SPLG:
0.55
GAIOX:
1.68
SPLG:
2.26
GAIOX:
3.54%
SPLG:
4.55%
GAIOX:
13.80%
SPLG:
19.28%
GAIOX:
-26.85%
SPLG:
-54.52%
GAIOX:
-6.63%
SPLG:
-9.92%
Returns By Period
In the year-to-date period, GAIOX achieves a -0.96% return, which is significantly higher than SPLG's -5.79% return. Over the past 10 years, GAIOX has underperformed SPLG with an annualized return of 5.48%, while SPLG has yielded a comparatively higher 12.21% annualized return.
GAIOX
-0.96%
-0.27%
-3.80%
5.67%
7.87%
5.48%
SPLG
-5.79%
-0.96%
-4.32%
9.73%
15.84%
12.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GAIOX vs. SPLG - Expense Ratio Comparison
GAIOX has a 0.66% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
GAIOX vs. SPLG — Risk-Adjusted Performance Rank
GAIOX
SPLG
GAIOX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Growth and Income Portfolio (GAIOX) and SPDR Portfolio S&P 500 ETF (SPLG). 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
GAIOX vs. SPLG - Dividend Comparison
GAIOX's dividend yield for the trailing twelve months is around 1.91%, more than SPLG's 1.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAIOX American Funds Growth and Income Portfolio | 1.91% | 1.87% | 2.03% | 2.07% | 1.28% | 1.59% | 6.25% | 2.10% | 1.68% | 1.95% | 1.87% | 4.60% |
SPLG SPDR Portfolio S&P 500 ETF | 1.38% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
GAIOX vs. SPLG - Drawdown Comparison
The maximum GAIOX drawdown since its inception was -26.85%, smaller than the maximum SPLG drawdown of -54.52%. Use the drawdown chart below to compare losses from any high point for GAIOX and SPLG. For additional features, visit the drawdowns tool.
Volatility
GAIOX vs. SPLG - Volatility Comparison
The current volatility for American Funds Growth and Income Portfolio (GAIOX) is 9.26%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 14.16%. This indicates that GAIOX experiences smaller price fluctuations and is considered to be less risky than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.