SPIDX vs. T
Compare and contrast key facts about Invesco S&P 500 Index Fund (SPIDX) and AT&T Inc. (T).
SPIDX is managed by Invesco. It was launched on Sep 26, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPIDX or T.
Key characteristics
| SPIDX | T | |
|---|---|---|
| YTD Return | 26.84% | 41.36% |
| 1Y Return | 39.48% | 51.76% |
| 3Y Return (Ann) | 9.97% | 13.16% |
| 5Y Return (Ann) | 15.69% | 0.84% |
| 10Y Return (Ann) | 13.11% | 4.40% |
| Sharpe Ratio | 3.10 | 2.63 |
| Sortino Ratio | 4.12 | 3.63 |
| Omega Ratio | 1.58 | 1.46 |
| Calmar Ratio | 4.54 | 1.61 |
| Martin Ratio | 20.50 | 15.18 |
| Ulcer Index | 1.87% | 3.40% |
| Daily Std Dev | 12.39% | 19.63% |
| Max Drawdown | -55.30% | -64.66% |
| Current Drawdown | 0.00% | -0.89% |
Correlation
The correlation between SPIDX and T is 0.48, 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
SPIDX vs. T - Performance Comparison
In the year-to-date period, SPIDX achieves a 26.84% return, which is significantly lower than T's 41.36% return. Over the past 10 years, SPIDX has outperformed T with an annualized return of 13.11%, while T has yielded a comparatively lower 4.40% 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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Risk-Adjusted Performance
SPIDX vs. T - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Index Fund (SPIDX) and AT&T Inc. (T). 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. T - Dividend Comparison
SPIDX's dividend yield for the trailing twelve months is around 0.97%, less than T's 4.97% yield.
| 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% |
T AT&T Inc. | 4.97% | 6.62% | 6.66% | 8.45% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% | 5.48% | 5.12% |
Drawdowns
SPIDX vs. T - Drawdown Comparison
The maximum SPIDX drawdown since its inception was -55.30%, smaller than the maximum T drawdown of -64.66%. Use the drawdown chart below to compare losses from any high point for SPIDX and T. For additional features, visit the drawdowns tool.
Volatility
SPIDX vs. T - Volatility Comparison
The current volatility for Invesco S&P 500 Index Fund (SPIDX) is 3.92%, while AT&T Inc. (T) has a volatility of 6.91%. This indicates that SPIDX experiences smaller price fluctuations and is considered to be less risky than T based on this measure. The chart below showcases a comparison of their rolling one-month volatility.