PGIIX vs. SPY
Compare and contrast key facts about Polen Global Growth Fund (PGIIX) and SPDR S&P 500 ETF (SPY).
PGIIX is managed by Polen Capital. It was launched on Dec 29, 2014. 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: PGIIX or SPY.
Correlation
The correlation between PGIIX and SPY is 0.88, 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
PGIIX vs. SPY - Performance Comparison
Key characteristics
PGIIX:
0.46
SPY:
1.75
PGIIX:
0.68
SPY:
2.36
PGIIX:
1.09
SPY:
1.32
PGIIX:
0.46
SPY:
2.66
PGIIX:
1.93
SPY:
11.01
PGIIX:
3.18%
SPY:
2.03%
PGIIX:
13.50%
SPY:
12.77%
PGIIX:
-38.63%
SPY:
-55.19%
PGIIX:
-4.87%
SPY:
-2.12%
Returns By Period
The year-to-date returns for both stocks are quite close, with PGIIX having a 2.37% return and SPY slightly lower at 2.36%. Over the past 10 years, PGIIX has underperformed SPY with an annualized return of 10.47%, while SPY has yielded a comparatively higher 12.96% annualized return.
PGIIX
2.37%
-0.73%
2.26%
3.59%
6.08%
10.47%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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PGIIX vs. SPY - Expense Ratio Comparison
PGIIX has a 0.99% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
PGIIX vs. SPY — Risk-Adjusted Performance Rank
PGIIX
SPY
PGIIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Polen Global Growth Fund (PGIIX) 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
PGIIX vs. SPY - Dividend Comparison
PGIIX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGIIX Polen Global Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.91% | 0.00% | 0.00% | 0.00% | 0.09% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PGIIX vs. SPY - Drawdown Comparison
The maximum PGIIX drawdown since its inception was -38.63%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PGIIX and SPY. For additional features, visit the drawdowns tool.
Volatility
PGIIX vs. SPY - Volatility Comparison
Polen Global Growth Fund (PGIIX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.36% and 3.38%, 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.