MAGSX vs. SPY
Compare and contrast key facts about Madison Aggressive Allocation Fund (MAGSX) and SPDR S&P 500 ETF (SPY).
MAGSX is managed by Madison Funds. It was launched on Jun 29, 2006. 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: MAGSX or SPY.
Correlation
The correlation between MAGSX and SPY is 0.94, 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
MAGSX vs. SPY - Performance Comparison
Key characteristics
MAGSX:
1.23
SPY:
2.25
MAGSX:
1.72
SPY:
2.99
MAGSX:
1.22
SPY:
1.42
MAGSX:
1.57
SPY:
3.34
MAGSX:
7.23
SPY:
14.72
MAGSX:
1.43%
SPY:
1.90%
MAGSX:
8.45%
SPY:
12.45%
MAGSX:
-56.42%
SPY:
-55.19%
MAGSX:
-2.60%
SPY:
-0.73%
Returns By Period
In the year-to-date period, MAGSX achieves a 10.30% return, which is significantly lower than SPY's 28.14% return. Over the past 10 years, MAGSX has underperformed SPY with an annualized return of 5.70%, while SPY has yielded a comparatively higher 13.14% annualized return.
MAGSX
10.30%
-1.88%
3.54%
10.05%
4.68%
5.70%
SPY
28.14%
0.45%
10.77%
27.82%
15.01%
13.14%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MAGSX vs. SPY - Expense Ratio Comparison
MAGSX has a 0.71% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
MAGSX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Madison Aggressive Allocation Fund (MAGSX) 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
MAGSX vs. SPY - Dividend Comparison
MAGSX's dividend yield for the trailing twelve months is around 1.71%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAGSX Madison Aggressive Allocation Fund | 0.00% | 1.89% | 1.26% | 2.89% | 0.77% | 1.33% | 1.37% | 1.22% | 1.15% | 0.95% | 1.68% | 0.34% |
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
MAGSX vs. SPY - Drawdown Comparison
The maximum MAGSX drawdown since its inception was -56.42%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MAGSX and SPY. For additional features, visit the drawdowns tool.
Volatility
MAGSX vs. SPY - Volatility Comparison
The current volatility for Madison Aggressive Allocation Fund (MAGSX) is 2.75%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.96%. This indicates that MAGSX 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.