POGRX vs. SPY
Compare and contrast key facts about PrimeCap Odyssey Growth Fund (POGRX) and SPDR S&P 500 ETF (SPY).
POGRX is managed by PRIMECAP Odyssey Funds. It was launched on Nov 1, 2004. 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: POGRX or SPY.
Key characteristics
| POGRX | SPY | |
|---|---|---|
| YTD Return | 10.15% | 21.01% |
| 1Y Return | 23.68% | 32.86% |
| 3Y Return (Ann) | 3.70% | 8.37% |
| 5Y Return (Ann) | 11.38% | 14.97% |
| 10Y Return (Ann) | 11.57% | 12.86% |
| Sharpe Ratio | 1.04 | 2.83 |
| Sortino Ratio | 1.64 | 3.76 |
| Omega Ratio | 1.29 | 1.53 |
| Calmar Ratio | 1.99 | 4.05 |
| Martin Ratio | 3.96 | 18.38 |
| Ulcer Index | 6.42% | 1.85% |
| Daily Std Dev | 24.35% | 12.02% |
| Max Drawdown | -51.63% | -55.19% |
| Current Drawdown | -2.55% | -2.53% |
Correlation
The correlation between POGRX and SPY is 0.90, 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
POGRX vs. SPY - Performance Comparison
In the year-to-date period, POGRX achieves a 10.15% return, which is significantly lower than SPY's 21.01% return. Over the past 10 years, POGRX has underperformed SPY with an annualized return of 11.57%, while SPY has yielded a comparatively higher 12.86% annualized 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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POGRX vs. SPY - Expense Ratio Comparison
POGRX has a 0.65% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
POGRX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PrimeCap Odyssey Growth Fund (POGRX) 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
POGRX vs. SPY - Dividend Comparison
POGRX's dividend yield for the trailing twelve months is around 12.06%, more than SPY's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
POGRX PrimeCap Odyssey Growth Fund | 12.06% | 13.28% | 12.36% | 13.68% | 12.50% | 5.13% | 2.45% | 1.54% | 3.49% | 1.29% | 3.10% | 2.26% |
SPY SPDR S&P 500 ETF | 1.23% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
POGRX vs. SPY - Drawdown Comparison
The maximum POGRX drawdown since its inception was -51.63%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for POGRX and SPY. For additional features, visit the drawdowns tool.
Volatility
POGRX vs. SPY - Volatility Comparison
PrimeCap Odyssey Growth Fund (POGRX) has a higher volatility of 3.48% compared to SPDR S&P 500 ETF (SPY) at 3.15%. This indicates that POGRX'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.