KCMTX vs. SPY
Compare and contrast key facts about AXS Multi-Strategy Alternatives Fund (KCMTX) and SPDR S&P 500 ETF (SPY).
KCMTX is managed by AXS. It was launched on Aug 3, 2008. 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: KCMTX or SPY.
Correlation
The correlation between KCMTX and SPY is 0.83, 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
KCMTX vs. SPY - Performance Comparison
Key characteristics
Returns By Period
KCMTX
N/A
N/A
N/A
N/A
N/A
N/A
SPY
-0.66%
-3.32%
3.73%
23.70%
13.73%
13.18%
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KCMTX vs. SPY - Expense Ratio Comparison
KCMTX has a 1.68% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
KCMTX vs. SPY — Risk-Adjusted Performance Rank
KCMTX
SPY
KCMTX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AXS Multi-Strategy Alternatives Fund (KCMTX) 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
KCMTX vs. SPY - Dividend Comparison
KCMTX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.21%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KCMTX AXS Multi-Strategy Alternatives Fund | 100.70% | 100.70% | 1.04% | 0.00% | 24.73% | 0.00% | 0.85% | 23.04% | 12.82% | 3.60% | 0.59% | 8.57% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
KCMTX vs. SPY - Drawdown Comparison
Volatility
KCMTX vs. SPY - Volatility Comparison
The current volatility for AXS Multi-Strategy Alternatives Fund (KCMTX) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.61%. This indicates that KCMTX 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.