SMCWX vs. SPY
Compare and contrast key facts about American Funds SMALLCAP World Fund Class A (SMCWX) and SPDR S&P 500 ETF (SPY).
SMCWX is managed by American Funds. It was launched on Apr 30, 1990. 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: SMCWX or SPY.
Correlation
The correlation between SMCWX and SPY is 0.77, 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
SMCWX vs. SPY - Performance Comparison
Key characteristics
SMCWX:
0.29
SPY:
1.88
SMCWX:
0.49
SPY:
2.53
SMCWX:
1.06
SPY:
1.35
SMCWX:
0.13
SPY:
2.83
SMCWX:
1.16
SPY:
11.74
SMCWX:
3.47%
SPY:
2.02%
SMCWX:
14.07%
SPY:
12.64%
SMCWX:
-61.27%
SPY:
-55.19%
SMCWX:
-25.53%
SPY:
-0.42%
Returns By Period
In the year-to-date period, SMCWX achieves a 2.39% return, which is significantly lower than SPY's 4.15% return. Over the past 10 years, SMCWX has underperformed SPY with an annualized return of 4.06%, while SPY has yielded a comparatively higher 13.18% annualized return.
SMCWX
2.39%
-0.81%
1.67%
5.19%
2.94%
4.06%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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SMCWX vs. SPY - Expense Ratio Comparison
SMCWX has a 1.02% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SMCWX vs. SPY — Risk-Adjusted Performance Rank
SMCWX
SPY
SMCWX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds SMALLCAP World Fund Class A (SMCWX) 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
SMCWX vs. SPY - Dividend Comparison
SMCWX's dividend yield for the trailing twelve months is around 0.58%, less than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMCWX American Funds SMALLCAP World Fund Class A | 0.58% | 0.60% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.35% | 0.00% | 10.48% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SMCWX vs. SPY - Drawdown Comparison
The maximum SMCWX drawdown since its inception was -61.27%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SMCWX and SPY. For additional features, visit the drawdowns tool.
Volatility
SMCWX vs. SPY - Volatility Comparison
American Funds SMALLCAP World Fund Class A (SMCWX) has a higher volatility of 3.48% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that SMCWX'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.