SHRAX vs. SPY
Compare and contrast key facts about ClearBridge Aggressive Growth Fund (SHRAX) and SPDR S&P 500 ETF (SPY).
SHRAX is managed by Franklin Templeton. It was launched on Oct 24, 1983. 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: SHRAX or SPY.
Correlation
The correlation between SHRAX and SPY is 0.83, 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
SHRAX vs. SPY - Performance Comparison
Key characteristics
SHRAX:
-0.40
SPY:
1.46
SHRAX:
-0.33
SPY:
1.99
SHRAX:
0.94
SPY:
1.27
SHRAX:
-0.16
SPY:
2.23
SHRAX:
-1.06
SPY:
9.00
SHRAX:
8.78%
SPY:
2.08%
SHRAX:
23.53%
SPY:
12.83%
SHRAX:
-57.84%
SPY:
-55.19%
SHRAX:
-55.98%
SPY:
-3.06%
Returns By Period
In the year-to-date period, SHRAX achieves a 0.60% return, which is significantly lower than SPY's 1.38% return. Over the past 10 years, SHRAX has underperformed SPY with an annualized return of -7.37%, while SPY has yielded a comparatively higher 12.93% annualized return.
SHRAX
0.60%
-4.14%
-10.71%
-9.77%
-9.50%
-7.37%
SPY
1.38%
-1.27%
6.09%
17.34%
16.45%
12.93%
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SHRAX vs. SPY - Expense Ratio Comparison
SHRAX has a 1.11% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SHRAX vs. SPY — Risk-Adjusted Performance Rank
SHRAX
SPY
SHRAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ClearBridge Aggressive Growth Fund (SHRAX) 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
SHRAX vs. SPY - Dividend Comparison
SHRAX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHRAX ClearBridge Aggressive Growth Fund | 0.00% | 0.00% | 0.15% | 0.00% | 0.00% | 0.18% | 0.48% | 0.25% | 0.19% | 0.36% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SHRAX vs. SPY - Drawdown Comparison
The maximum SHRAX drawdown since its inception was -57.84%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SHRAX and SPY. For additional features, visit the drawdowns tool.
Volatility
SHRAX vs. SPY - Volatility Comparison
ClearBridge Aggressive Growth Fund (SHRAX) has a higher volatility of 5.73% compared to SPDR S&P 500 ETF (SPY) at 3.69%. This indicates that SHRAX'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.