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:
0.43
SPY:
0.51
GAIOX:
0.67
SPY:
0.86
GAIOX:
1.10
SPY:
1.13
GAIOX:
0.43
SPY:
0.55
GAIOX:
1.68
SPY:
2.26
GAIOX:
3.54%
SPY:
4.55%
GAIOX:
13.80%
SPY:
20.08%
GAIOX:
-26.85%
SPY:
-55.19%
GAIOX:
-6.63%
SPY:
-9.89%
Returns By Period
In the year-to-date period, GAIOX achieves a -0.96% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, GAIOX has underperformed SPY with an annualized return of 5.35%, while SPY has yielded a comparatively higher 11.99% annualized return.
GAIOX
-0.96%
-1.72%
-3.80%
6.43%
7.99%
5.35%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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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 1.91%, more than SPY's 1.30% 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% |
SPY SPDR S&P 500 ETF | 1.30% | 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 9.26%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. 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.