MAFIX vs. SPY
Compare and contrast key facts about Abbey Capital Multi Asset Fund Class I (MAFIX) and SPDR S&P 500 ETF (SPY).
MAFIX is managed by Abbey Capital. It was launched on Apr 11, 2018. 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: MAFIX or SPY.
Key characteristics
| MAFIX | SPY | |
|---|---|---|
| YTD Return | 8.39% | 27.04% |
| 1Y Return | 10.54% | 39.75% |
| 3Y Return (Ann) | 5.23% | 10.21% |
| 5Y Return (Ann) | 11.61% | 15.93% |
| Sharpe Ratio | 0.79 | 3.15 |
| Sortino Ratio | 1.13 | 4.19 |
| Omega Ratio | 1.15 | 1.59 |
| Calmar Ratio | 0.82 | 4.60 |
| Martin Ratio | 2.30 | 20.85 |
| Ulcer Index | 4.67% | 1.85% |
| Daily Std Dev | 13.55% | 12.29% |
| Max Drawdown | -13.28% | -55.19% |
| Current Drawdown | -5.96% | 0.00% |
Correlation
The correlation between MAFIX and SPY is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MAFIX vs. SPY - Performance Comparison
In the year-to-date period, MAFIX achieves a 8.39% return, which is significantly lower than SPY's 27.04% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MAFIX vs. SPY - Expense Ratio Comparison
MAFIX has a 1.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
MAFIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Abbey Capital Multi Asset Fund Class I (MAFIX) 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
MAFIX vs. SPY - Dividend Comparison
MAFIX's dividend yield for the trailing twelve months is around 0.91%, less than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAFIX Abbey Capital Multi Asset Fund Class I | 0.91% | 0.99% | 3.84% | 3.04% | 1.64% | 10.10% | 9.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
MAFIX vs. SPY - Drawdown Comparison
The maximum MAFIX drawdown since its inception was -13.28%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MAFIX and SPY. For additional features, visit the drawdowns tool.
Volatility
MAFIX vs. SPY - Volatility Comparison
Abbey Capital Multi Asset Fund Class I (MAFIX) has a higher volatility of 4.15% compared to SPDR S&P 500 ETF (SPY) at 3.95%. This indicates that MAFIX'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.