SPRVX vs. AIEQ
Compare and contrast key facts about Sprucegrove International Equity Fund (SPRVX) and AI Powered Equity ETF (AIEQ).
SPRVX is managed by Sprucegrove Investment Management Ltd. It was launched on Sep 29, 1985. AIEQ is an actively managed fund by ETFMG. It was launched on Oct 17, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPRVX or AIEQ.
Correlation
The correlation between SPRVX and AIEQ is 0.61, 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
SPRVX vs. AIEQ - Performance Comparison
Key characteristics
SPRVX:
-0.25
AIEQ:
1.02
SPRVX:
-0.24
AIEQ:
1.44
SPRVX:
0.97
AIEQ:
1.19
SPRVX:
-0.13
AIEQ:
0.76
SPRVX:
-0.49
AIEQ:
4.49
SPRVX:
6.81%
AIEQ:
3.89%
SPRVX:
13.22%
AIEQ:
17.05%
SPRVX:
-32.35%
AIEQ:
-38.97%
SPRVX:
-20.15%
AIEQ:
-4.47%
Returns By Period
In the year-to-date period, SPRVX achieves a 2.81% return, which is significantly lower than AIEQ's 3.61% return.
SPRVX
2.81%
5.59%
-8.36%
-3.90%
N/A
N/A
AIEQ
3.61%
4.06%
17.28%
14.88%
7.47%
N/A
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SPRVX vs. AIEQ - Expense Ratio Comparison
SPRVX has a 0.76% expense ratio, which is lower than AIEQ's 0.80% expense ratio.
Risk-Adjusted Performance
SPRVX vs. AIEQ — Risk-Adjusted Performance Rank
SPRVX
AIEQ
SPRVX vs. AIEQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprucegrove International Equity Fund (SPRVX) and AI Powered Equity ETF (AIEQ). 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
SPRVX vs. AIEQ - Dividend Comparison
SPRVX's dividend yield for the trailing twelve months is around 2.38%, more than AIEQ's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
SPRVX Sprucegrove International Equity Fund | 2.38% | 2.45% | 2.65% | 5.31% | 1.87% | 0.00% | 0.00% | 0.00% | 0.00% |
AIEQ AI Powered Equity ETF | 0.63% | 0.65% | 0.97% | 0.11% | 1.76% | 0.39% | 0.60% | 9.11% | 0.16% |
Drawdowns
SPRVX vs. AIEQ - Drawdown Comparison
The maximum SPRVX drawdown since its inception was -32.35%, smaller than the maximum AIEQ drawdown of -38.97%. Use the drawdown chart below to compare losses from any high point for SPRVX and AIEQ. For additional features, visit the drawdowns tool.
Volatility
SPRVX vs. AIEQ - Volatility Comparison
The current volatility for Sprucegrove International Equity Fund (SPRVX) is 3.80%, while AI Powered Equity ETF (AIEQ) has a volatility of 4.07%. This indicates that SPRVX experiences smaller price fluctuations and is considered to be less risky than AIEQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.