IAAAX vs. SPY
Compare and contrast key facts about Transamerica Asset Allocation Growth Portfolio Fund (IAAAX) and SPDR S&P 500 ETF (SPY).
IAAAX is managed by Transamerica. It was launched on Feb 28, 2002. 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: IAAAX or SPY.
Performance
IAAAX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, IAAAX achieves a 18.26% return, which is significantly lower than SPY's 24.91% return. Over the past 10 years, IAAAX has underperformed SPY with an annualized return of 8.28%, while SPY has yielded a comparatively higher 13.04% annualized return.
IAAAX
18.26%
-0.69%
6.18%
26.09%
10.44%
8.28%
SPY
24.91%
0.61%
11.66%
32.24%
15.43%
13.04%
Key characteristics
| IAAAX | SPY | |
|---|---|---|
| Sharpe Ratio | 2.23 | 2.67 |
| Sortino Ratio | 3.03 | 3.56 |
| Omega Ratio | 1.40 | 1.50 |
| Calmar Ratio | 2.23 | 3.85 |
| Martin Ratio | 14.19 | 17.38 |
| Ulcer Index | 1.89% | 1.86% |
| Daily Std Dev | 12.04% | 12.17% |
| Max Drawdown | -56.57% | -55.19% |
| Current Drawdown | -1.86% | -1.77% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IAAAX vs. SPY - Expense Ratio Comparison
IAAAX has a 0.49% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between IAAAX and SPY 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.
Risk-Adjusted Performance
IAAAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica Asset Allocation Growth Portfolio Fund (IAAAX) 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
IAAAX vs. SPY - Dividend Comparison
IAAAX's dividend yield for the trailing twelve months is around 1.10%, less than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAAAX Transamerica Asset Allocation Growth Portfolio Fund | 1.10% | 1.30% | 0.53% | 3.02% | 0.71% | 1.68% | 1.65% | 2.09% | 1.72% | 1.61% | 1.46% | 2.01% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
IAAAX vs. SPY - Drawdown Comparison
The maximum IAAAX drawdown since its inception was -56.57%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IAAAX and SPY. For additional features, visit the drawdowns tool.
Volatility
IAAAX vs. SPY - Volatility Comparison
The current volatility for Transamerica Asset Allocation Growth Portfolio Fund (IAAAX) is 3.53%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.08%. This indicates that IAAAX 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.