Correlation
The correlation between LRGC and SSSYX is 0.96, 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.
LRGC vs. SSSYX
Compare and contrast key facts about AB US Large Cap Strategic Equities ETF (LRGC) and State Street Equity 500 Index Fund Class K (SSSYX).
LRGC is an actively managed fund by AB Funds. It was launched on Sep 19, 2023. SSSYX is a passively managed fund by State Street Global Advisors that tracks the performance of the S&P 500 Index. It was launched on Sep 17, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LRGC or SSSYX.
Performance
LRGC vs. SSSYX - Performance Comparison
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Key characteristics
LRGC:
0.55
SSSYX:
0.73
LRGC:
0.80
SSSYX:
1.04
LRGC:
1.11
SSSYX:
1.15
LRGC:
0.47
SSSYX:
0.69
LRGC:
1.69
SSSYX:
2.61
LRGC:
5.40%
SSSYX:
4.93%
LRGC:
19.65%
SSSYX:
19.75%
LRGC:
-19.38%
SSSYX:
-33.77%
LRGC:
-5.19%
SSSYX:
-3.44%
Returns By Period
In the year-to-date period, LRGC achieves a -0.09% return, which is significantly lower than SSSYX's 1.03% return.
LRGC
-0.09%
5.54%
-3.05%
9.89%
N/A
N/A
N/A
SSSYX
1.03%
5.62%
-1.38%
13.46%
14.36%
15.86%
12.77%
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LRGC vs. SSSYX - Expense Ratio Comparison
LRGC has a 0.48% expense ratio, which is higher than SSSYX's 0.02% expense ratio.
Risk-Adjusted Performance
LRGC vs. SSSYX — Risk-Adjusted Performance Rank
LRGC
SSSYX
LRGC vs. SSSYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB US Large Cap Strategic Equities ETF (LRGC) and State Street Equity 500 Index Fund Class K (SSSYX). 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.
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Dividends
LRGC vs. SSSYX - Dividend Comparison
LRGC's dividend yield for the trailing twelve months is around 0.46%, less than SSSYX's 1.61% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|---|
LRGC AB US Large Cap Strategic Equities ETF | 0.46% | 0.46% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SSSYX State Street Equity 500 Index Fund Class K | 1.61% | 1.63% | 1.78% | 2.16% | 2.76% | 1.86% | 4.44% | 5.17% | 5.94% | 1.66% | 1.84% |
Drawdowns
LRGC vs. SSSYX - Drawdown Comparison
The maximum LRGC drawdown since its inception was -19.38%, smaller than the maximum SSSYX drawdown of -33.77%. Use the drawdown chart below to compare losses from any high point for LRGC and SSSYX.
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Volatility
LRGC vs. SSSYX - Volatility Comparison
AB US Large Cap Strategic Equities ETF (LRGC) and State Street Equity 500 Index Fund Class K (SSSYX) have volatilities of 4.75% and 4.82%, 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.
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