IALAX vs. SPY
Compare and contrast key facts about Transamerica Capital Growth Fund (IALAX) and SPDR S&P 500 ETF (SPY).
IALAX is managed by Transamerica. It was launched on Mar 1, 1999. 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: IALAX or SPY.
Correlation
The correlation between IALAX and SPY 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.
Performance
IALAX vs. SPY - Performance Comparison
Key characteristics
IALAX:
1.20
SPY:
0.54
IALAX:
1.69
SPY:
0.89
IALAX:
1.24
SPY:
1.13
IALAX:
0.78
SPY:
0.58
IALAX:
4.39
SPY:
2.39
IALAX:
9.82%
SPY:
4.51%
IALAX:
36.05%
SPY:
20.07%
IALAX:
-69.30%
SPY:
-55.19%
IALAX:
-35.79%
SPY:
-10.54%
Returns By Period
In the year-to-date period, IALAX achieves a -5.28% return, which is significantly higher than SPY's -6.44% return. Both investments have delivered pretty close results over the past 10 years, with IALAX having a 11.85% annualized return and SPY not far ahead at 11.95%.
IALAX
-5.28%
-5.12%
13.28%
39.23%
8.10%
11.85%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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IALAX vs. SPY - Expense Ratio Comparison
IALAX has a 1.01% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
IALAX vs. SPY — Risk-Adjusted Performance Rank
IALAX
SPY
IALAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica Capital Growth Fund (IALAX) 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
IALAX vs. SPY - Dividend Comparison
IALAX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.31%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IALAX Transamerica Capital Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 20.49% | 5.37% | 10.49% | 4.92% | 23.22% | 22.63% | 3.34% | 2.83% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
IALAX vs. SPY - Drawdown Comparison
The maximum IALAX drawdown since its inception was -69.30%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IALAX and SPY. For additional features, visit the drawdowns tool.
Volatility
IALAX vs. SPY - Volatility Comparison
Transamerica Capital Growth Fund (IALAX) has a higher volatility of 23.23% compared to SPDR S&P 500 ETF (SPY) at 15.13%. This indicates that IALAX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.