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 0.88, 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:
1.76
SPLG:
2.26
GAIOX:
2.40
SPLG:
3.00
GAIOX:
1.32
SPLG:
1.42
GAIOX:
3.13
SPLG:
3.32
GAIOX:
11.70
SPLG:
14.73
GAIOX:
1.44%
SPLG:
1.90%
GAIOX:
9.54%
SPLG:
12.40%
GAIOX:
-26.85%
SPLG:
-54.50%
GAIOX:
-2.70%
SPLG:
-2.50%
Returns By Period
In the year-to-date period, GAIOX achieves a 14.88% return, which is significantly lower than SPLG's 26.00% return. Over the past 10 years, GAIOX has underperformed SPLG with an annualized return of 8.70%, while SPLG has yielded a comparatively higher 13.11% annualized return.
GAIOX
14.88%
0.10%
5.63%
15.73%
8.56%
8.70%
SPLG
26.00%
-0.14%
9.34%
26.48%
14.82%
13.11%
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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 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 1.81%, more than SPLG's 0.92% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAIOX American Funds Growth and Income Portfolio | 1.81% | 2.03% | 2.07% | 1.28% | 1.59% | 6.25% | 2.10% | 1.68% | 1.95% | 1.87% | 4.60% | 2.81% |
SPLG SPDR Portfolio S&P 500 ETF | 0.92% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% | 1.71% |
Drawdowns
GAIOX vs. SPLG - Drawdown Comparison
The maximum GAIOX drawdown since its inception was -26.85%, smaller than the maximum SPLG drawdown of -54.50%. 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 3.29%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 3.81%. 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.