Correlation
The correlation between POEAX and SPY is 0.95, 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.
POEAX vs. SPY
Compare and contrast key facts about Pacific Funds Portfolio Optimization Aggressive-Growth (POEAX) and SPDR S&P 500 ETF (SPY).
POEAX is managed by Pacific Funds Series Trust. It was launched on Dec 30, 2003. 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: POEAX or SPY.
Performance
POEAX vs. SPY - Performance Comparison
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Key characteristics
POEAX:
0.65
SPY:
0.70
POEAX:
0.93
SPY:
1.02
POEAX:
1.13
SPY:
1.15
POEAX:
0.58
SPY:
0.68
POEAX:
2.36
SPY:
2.57
POEAX:
4.32%
SPY:
4.93%
POEAX:
17.61%
SPY:
20.42%
POEAX:
-57.49%
SPY:
-55.19%
POEAX:
-2.18%
SPY:
-3.55%
Returns By Period
In the year-to-date period, POEAX achieves a 2.35% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, POEAX has underperformed SPY with an annualized return of 8.38%, while SPY has yielded a comparatively higher 12.73% annualized return.
POEAX
2.35%
5.29%
-1.71%
10.60%
9.30%
10.77%
8.38%
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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POEAX vs. SPY - Expense Ratio Comparison
POEAX has a 0.60% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
POEAX vs. SPY — Risk-Adjusted Performance Rank
POEAX
SPY
POEAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacific Funds Portfolio Optimization Aggressive-Growth (POEAX) 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.
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Dividends
POEAX vs. SPY - Dividend Comparison
POEAX's dividend yield for the trailing twelve months is around 2.07%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
POEAX Pacific Funds Portfolio Optimization Aggressive-Growth | 2.07% | 2.12% | 1.67% | 36.10% | 10.62% | 3.32% | 7.91% | 24.81% | 4.03% | 7.09% | 3.16% | 2.04% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
POEAX vs. SPY - Drawdown Comparison
The maximum POEAX drawdown since its inception was -57.49%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for POEAX and SPY.
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Volatility
POEAX vs. SPY - Volatility Comparison
The current volatility for Pacific Funds Portfolio Optimization Aggressive-Growth (POEAX) is 4.10%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.86%. This indicates that POEAX 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.
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