GAIOX vs. SPY
Compare and contrast key facts about American Funds Growth and Income Portfolio (GAIOX) and SPDR S&P 500 ETF (SPY).
GAIOX is managed by American Funds. It was launched on May 18, 2012. 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: GAIOX or SPY.
Correlation
The correlation between GAIOX and SPY 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. SPY - Performance Comparison
Key characteristics
GAIOX:
1.33
SPY:
1.88
GAIOX:
1.76
SPY:
2.53
GAIOX:
1.25
SPY:
1.35
GAIOX:
2.02
SPY:
2.83
GAIOX:
6.73
SPY:
11.74
GAIOX:
2.00%
SPY:
2.02%
GAIOX:
10.19%
SPY:
12.64%
GAIOX:
-26.85%
SPY:
-55.19%
GAIOX:
-1.52%
SPY:
-0.42%
Returns By Period
In the year-to-date period, GAIOX achieves a 4.46% return, which is significantly higher than SPY's 4.15% return. Over the past 10 years, GAIOX has underperformed SPY with an annualized return of 6.09%, while SPY has yielded a comparatively higher 13.18% annualized return.
GAIOX
4.46%
1.43%
3.96%
13.74%
6.61%
6.09%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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GAIOX vs. SPY - Expense Ratio Comparison
GAIOX has a 0.66% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
GAIOX vs. SPY — Risk-Adjusted Performance Rank
GAIOX
SPY
GAIOX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Growth and Income Portfolio (GAIOX) 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
GAIOX vs. SPY - Dividend Comparison
GAIOX's dividend yield for the trailing twelve months is around 1.79%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAIOX American Funds Growth and Income Portfolio | 1.79% | 1.87% | 2.03% | 2.07% | 1.28% | 1.59% | 6.25% | 2.10% | 1.68% | 1.95% | 1.87% | 4.60% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GAIOX vs. SPY - Drawdown Comparison
The maximum GAIOX drawdown since its inception was -26.85%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GAIOX and SPY. For additional features, visit the drawdowns tool.
Volatility
GAIOX vs. SPY - Volatility Comparison
The current volatility for American Funds Growth and Income Portfolio (GAIOX) is 2.23%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.93%. This indicates that GAIOX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.