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.
Correlation
The correlation between GFFFX and SPGP is 0.84, 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
GFFFX vs. SPGP - Performance Comparison
Key characteristics
GFFFX:
0.15
SPGP:
-0.22
GFFFX:
0.35
SPGP:
-0.17
GFFFX:
1.06
SPGP:
0.98
GFFFX:
0.14
SPGP:
-0.21
GFFFX:
0.41
SPGP:
-0.75
GFFFX:
8.79%
SPGP:
6.49%
GFFFX:
24.88%
SPGP:
21.79%
GFFFX:
-44.33%
SPGP:
-42.08%
GFFFX:
-15.65%
SPGP:
-13.57%
Returns By Period
In the year-to-date period, GFFFX achieves a -4.03% return, which is significantly higher than SPGP's -7.63% return. Over the past 10 years, GFFFX has underperformed SPGP with an annualized return of 5.33%, while SPGP has yielded a comparatively higher 12.14% annualized return.
GFFFX
-4.03%
1.82%
-7.24%
5.82%
8.69%
5.33%
SPGP
-7.63%
-3.84%
-7.18%
-1.45%
15.69%
12.14%
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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.
Risk-Adjusted Performance
GFFFX vs. SPGP — Risk-Adjusted Performance Rank
GFFFX
SPGP
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 9.62%, more than SPGP's 1.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GFFFX American Funds The Growth Fund of America | 9.62% | 9.23% | 7.64% | 4.32% | 8.42% | 4.51% | 7.38% | 12.29% | 7.27% | 6.87% | 9.13% | 10.90% |
SPGP Invesco S&P 500 GARP ETF | 1.58% | 1.38% | 1.24% | 1.22% | 0.69% | 1.10% | 0.86% | 0.95% | 0.68% | 0.89% | 1.12% | 1.52% |
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
American Funds The Growth Fund of America (GFFFX) and Invesco S&P 500 GARP ETF (SPGP) have volatilities of 15.27% and 15.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.