SCAUX vs. SPLG
Compare and contrast key facts about Invesco Income Advantage U.S. Fund (SCAUX) and SPDR Portfolio S&P 500 ETF (SPLG).
SCAUX is managed by Invesco. It was launched on Mar 30, 2006. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SCAUX or SPLG.
Correlation
The correlation between SCAUX and SPLG is 0.80, 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
SCAUX vs. SPLG - Performance Comparison
Key characteristics
SCAUX:
1.59
SPLG:
1.47
SCAUX:
2.18
SPLG:
2.00
SCAUX:
1.31
SPLG:
1.27
SCAUX:
2.34
SPLG:
2.23
SCAUX:
9.80
SPLG:
9.00
SCAUX:
1.52%
SPLG:
2.08%
SCAUX:
9.37%
SPLG:
12.79%
SCAUX:
-63.35%
SPLG:
-54.52%
SCAUX:
-2.15%
SPLG:
-3.07%
Returns By Period
In the year-to-date period, SCAUX achieves a 2.77% return, which is significantly higher than SPLG's 1.38% return. Over the past 10 years, SCAUX has underperformed SPLG with an annualized return of 4.33%, while SPLG has yielded a comparatively higher 12.97% annualized return.
SCAUX
2.77%
-0.35%
6.32%
14.15%
7.31%
4.33%
SPLG
1.38%
-1.29%
6.14%
17.39%
16.51%
12.97%
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SCAUX vs. SPLG - Expense Ratio Comparison
SCAUX has a 1.05% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
SCAUX vs. SPLG — Risk-Adjusted Performance Rank
SCAUX
SPLG
SCAUX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Income Advantage U.S. Fund (SCAUX) and SPDR Portfolio S&P 500 ETF (SPLG). 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
SCAUX vs. SPLG - Dividend Comparison
SCAUX's dividend yield for the trailing twelve months is around 5.72%, more than SPLG's 1.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCAUX Invesco Income Advantage U.S. Fund | 5.72% | 6.35% | 6.61% | 6.67% | 2.27% | 1.57% | 1.40% | 1.17% | 2.24% | 2.67% | 3.33% | 2.85% |
SPLG SPDR Portfolio S&P 500 ETF | 1.26% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
SCAUX vs. SPLG - Drawdown Comparison
The maximum SCAUX drawdown since its inception was -63.35%, which is greater than SPLG's maximum drawdown of -54.52%. Use the drawdown chart below to compare losses from any high point for SCAUX and SPLG. For additional features, visit the drawdowns tool.
Volatility
SCAUX vs. SPLG - Volatility Comparison
The current volatility for Invesco Income Advantage U.S. Fund (SCAUX) is 2.75%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 3.64%. This indicates that SCAUX experiences smaller price fluctuations and is considered to be less risky than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.