GFFFX vs. SPGP
Compare and contrast key facts about American Funds The Growth Fund of America (GFFFX) and Invesco S&P 500 GARP ETF (SPGP).
GFFFX is managed by American Funds. It was launched on Dec 1, 1973. SPGP is a passively managed fund by Invesco that tracks the performance of the S&P 500 GARP Index. It was launched on Jun 16, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GFFFX or SPGP.
Performance
GFFFX vs. SPGP - Performance Comparison
Returns By Period
In the year-to-date period, GFFFX achieves a 29.50% return, which is significantly higher than SPGP's 14.57% return. Both investments have delivered pretty close results over the past 10 years, with GFFFX having a 14.05% annualized return and SPGP not far ahead at 14.13%.
GFFFX
29.50%
4.46%
13.80%
38.19%
16.37%
14.05%
SPGP
14.57%
6.49%
8.00%
21.29%
14.30%
14.13%
Key characteristics
| GFFFX | SPGP | |
|---|---|---|
| Sharpe Ratio | 2.54 | 1.44 |
| Sortino Ratio | 3.33 | 2.03 |
| Omega Ratio | 1.46 | 1.25 |
| Calmar Ratio | 2.66 | 2.23 |
| Martin Ratio | 16.34 | 6.70 |
| Ulcer Index | 2.34% | 3.18% |
| Daily Std Dev | 15.05% | 14.79% |
| Max Drawdown | -44.33% | -42.08% |
| Current Drawdown | -0.94% | 0.00% |
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GFFFX vs. SPGP - Expense Ratio Comparison
GFFFX has a 0.40% expense ratio, which is higher than SPGP's 0.36% expense ratio.
Correlation
The correlation between GFFFX and SPGP is 0.81, 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.
Risk-Adjusted Performance
GFFFX vs. SPGP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Growth Fund of America (GFFFX) and Invesco S&P 500 GARP ETF (SPGP). 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
GFFFX vs. SPGP - Dividend Comparison
GFFFX's dividend yield for the trailing twelve months is around 0.62%, less than SPGP's 1.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GFFFX American Funds The Growth Fund of America | 0.62% | 0.80% | 0.59% | 0.30% | 0.44% | 0.96% | 0.99% | 0.72% | 0.84% | 0.90% | 10.90% | 7.53% |
SPGP Invesco S&P 500 GARP ETF | 1.30% | 1.24% | 1.22% | 0.69% | 1.10% | 0.86% | 0.95% | 0.68% | 0.89% | 1.12% | 1.52% | 2.11% |
Drawdowns
GFFFX vs. SPGP - Drawdown Comparison
The maximum GFFFX drawdown since its inception was -44.33%, which is greater than SPGP's maximum drawdown of -42.08%. Use the drawdown chart below to compare losses from any high point for GFFFX and SPGP. For additional features, visit the drawdowns tool.
Volatility
GFFFX vs. SPGP - Volatility Comparison
The current volatility for American Funds The Growth Fund of America (GFFFX) is 4.60%, while Invesco S&P 500 GARP ETF (SPGP) has a volatility of 4.91%. This indicates that GFFFX experiences smaller price fluctuations and is considered to be less risky than SPGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.