SPIDX vs. SGOL
Compare and contrast key facts about Invesco S&P 500 Index Fund (SPIDX) and Aberdeen Standard Physical Gold Shares ETF (SGOL).
SPIDX is managed by Invesco. It was launched on Sep 26, 1997. SGOL is a passively managed fund by Abrdn Plc that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Sep 9, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPIDX or SGOL.
Key characteristics
| SPIDX | SGOL | |
|---|---|---|
| YTD Return | 26.61% | 25.79% |
| 1Y Return | 37.18% | 33.35% |
| 3Y Return (Ann) | 9.92% | 11.57% |
| 5Y Return (Ann) | 15.64% | 11.91% |
| 10Y Return (Ann) | 13.09% | 7.86% |
| Sharpe Ratio | 3.02 | 2.32 |
| Sortino Ratio | 4.02 | 3.08 |
| Omega Ratio | 1.57 | 1.40 |
| Calmar Ratio | 4.39 | 5.07 |
| Martin Ratio | 19.79 | 15.08 |
| Ulcer Index | 1.87% | 2.26% |
| Daily Std Dev | 12.28% | 14.67% |
| Max Drawdown | -55.30% | -45.51% |
| Current Drawdown | -0.29% | -6.72% |
Correlation
The correlation between SPIDX and SGOL is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SPIDX vs. SGOL - Performance Comparison
The year-to-date returns for both stocks are quite close, with SPIDX having a 26.61% return and SGOL slightly lower at 25.79%. Over the past 10 years, SPIDX has outperformed SGOL with an annualized return of 13.09%, while SGOL has yielded a comparatively lower 7.86% 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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SPIDX vs. SGOL - Expense Ratio Comparison
SPIDX has a 0.29% expense ratio, which is higher than SGOL's 0.17% expense ratio.
Risk-Adjusted Performance
SPIDX vs. SGOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Index Fund (SPIDX) and Aberdeen Standard Physical Gold Shares ETF (SGOL). 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
SPIDX vs. SGOL - Dividend Comparison
SPIDX's dividend yield for the trailing twelve months is around 0.97%, while SGOL has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPIDX Invesco S&P 500 Index Fund | 0.97% | 1.23% | 1.13% | 0.98% | 1.28% | 1.50% | 1.81% | 1.49% | 1.49% | 1.74% | 1.38% | 1.60% |
SGOL Aberdeen Standard Physical Gold Shares ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SPIDX vs. SGOL - Drawdown Comparison
The maximum SPIDX drawdown since its inception was -55.30%, which is greater than SGOL's maximum drawdown of -45.51%. Use the drawdown chart below to compare losses from any high point for SPIDX and SGOL. For additional features, visit the drawdowns tool.
Volatility
SPIDX vs. SGOL - Volatility Comparison
The current volatility for Invesco S&P 500 Index Fund (SPIDX) is 3.86%, while Aberdeen Standard Physical Gold Shares ETF (SGOL) has a volatility of 5.37%. This indicates that SPIDX experiences smaller price fluctuations and is considered to be less risky than SGOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.