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 0.93, 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
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Key characteristics
GAIOX:
0.57
SPLG:
0.69
GAIOX:
0.91
SPLG:
1.14
GAIOX:
1.13
SPLG:
1.17
GAIOX:
0.61
SPLG:
0.76
GAIOX:
2.29
SPLG:
2.93
GAIOX:
3.69%
SPLG:
4.86%
GAIOX:
13.87%
SPLG:
19.51%
GAIOX:
-26.85%
SPLG:
-54.52%
GAIOX:
-2.76%
SPLG:
-4.60%
Returns By Period
In the year-to-date period, GAIOX achieves a 3.14% return, which is significantly higher than SPLG's -0.23% return. Over the past 10 years, GAIOX has underperformed SPLG with an annualized return of 5.76%, while SPLG has yielded a comparatively higher 12.66% annualized return.
GAIOX
3.14%
7.52%
-1.85%
7.85%
8.81%
5.76%
SPLG
-0.23%
9.17%
-1.99%
13.40%
17.52%
12.66%
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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 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.
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Dividends
GAIOX vs. SPLG - Dividend Comparison
GAIOX's dividend yield for the trailing twelve months is around 1.83%, more than SPLG's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAIOX American Funds Growth and Income Portfolio | 1.83% | 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 | 1.31% | 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.
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Volatility
GAIOX vs. SPLG - Volatility Comparison
The current volatility for American Funds Growth and Income Portfolio (GAIOX) is 3.90%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 6.30%. 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.
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