SGENX vs. SPY
Compare and contrast key facts about First Eagle Global Fund Class A (SGENX) and SPDR S&P 500 ETF (SPY).
SGENX is managed by First Eagle. It was launched on Jan 1, 1979. 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: SGENX or SPY.
Key characteristics
| SGENX | SPY | |
|---|---|---|
| YTD Return | 15.18% | 26.83% |
| 1Y Return | 20.74% | 34.88% |
| 3Y Return (Ann) | 6.25% | 10.16% |
| 5Y Return (Ann) | 8.70% | 15.71% |
| 10Y Return (Ann) | 7.23% | 13.33% |
| Sharpe Ratio | 2.49 | 3.08 |
| Sortino Ratio | 3.45 | 4.10 |
| Omega Ratio | 1.44 | 1.58 |
| Calmar Ratio | 5.80 | 4.46 |
| Martin Ratio | 19.18 | 20.22 |
| Ulcer Index | 1.19% | 1.85% |
| Daily Std Dev | 9.20% | 12.18% |
| Max Drawdown | -37.60% | -55.19% |
| Current Drawdown | -2.85% | -0.26% |
Correlation
The correlation between SGENX and SPY is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SGENX vs. SPY - Performance Comparison
In the year-to-date period, SGENX achieves a 15.18% return, which is significantly lower than SPY's 26.83% return. Over the past 10 years, SGENX has underperformed SPY with an annualized return of 7.23%, while SPY has yielded a comparatively higher 13.33% 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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SGENX vs. SPY - Expense Ratio Comparison
SGENX has a 1.11% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SGENX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Eagle Global Fund Class A (SGENX) 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
SGENX vs. SPY - Dividend Comparison
SGENX's dividend yield for the trailing twelve months is around 1.12%, less than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SGENX First Eagle Global Fund Class A | 1.12% | 1.29% | 0.10% | 1.93% | 0.83% | 1.26% | 0.84% | 0.74% | 0.38% | 0.13% | 0.56% | 1.22% |
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
SGENX vs. SPY - Drawdown Comparison
The maximum SGENX drawdown since its inception was -37.60%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SGENX and SPY. For additional features, visit the drawdowns tool.
Volatility
SGENX vs. SPY - Volatility Comparison
The current volatility for First Eagle Global Fund Class A (SGENX) is 2.31%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.77%. This indicates that SGENX 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.