SPTE vs. AIG
Compare and contrast key facts about SP Funds S&P Global Technology ETF (SPTE) and American International Group, Inc. (AIG).
SPTE is a passively managed fund by SP Funds that tracks the performance of the S&P Global 1200 Shariah Information Technology Capped Index - Benchmark TR Gross. It was launched on Nov 30, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPTE or AIG.
Correlation
The correlation between SPTE and AIG is 0.17, 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
SPTE vs. AIG - Performance Comparison
Key characteristics
SPTE:
0.05
AIG:
0.51
SPTE:
0.28
AIG:
0.84
SPTE:
1.04
AIG:
1.11
SPTE:
0.06
AIG:
0.13
SPTE:
0.19
AIG:
2.06
SPTE:
7.48%
AIG:
5.96%
SPTE:
31.01%
AIG:
24.16%
SPTE:
-25.54%
AIG:
-99.64%
SPTE:
-19.06%
AIG:
-93.48%
Returns By Period
In the year-to-date period, SPTE achieves a -14.72% return, which is significantly lower than AIG's 11.99% return.
SPTE
-14.72%
-9.95%
-13.81%
4.39%
N/A
N/A
AIG
11.99%
-3.01%
4.37%
13.55%
30.41%
6.25%
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Risk-Adjusted Performance
SPTE vs. AIG — Risk-Adjusted Performance Rank
SPTE
AIG
SPTE vs. AIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P Global Technology ETF (SPTE) and American International Group, Inc. (AIG). 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
SPTE vs. AIG - Dividend Comparison
SPTE's dividend yield for the trailing twelve months is around 0.60%, less than AIG's 1.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPTE SP Funds S&P Global Technology ETF | 0.60% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AIG American International Group, Inc. | 1.97% | 2.14% | 2.07% | 2.02% | 2.25% | 3.38% | 2.49% | 3.25% | 2.15% | 1.96% | 1.31% | 0.89% |
Drawdowns
SPTE vs. AIG - Drawdown Comparison
The maximum SPTE drawdown since its inception was -25.54%, smaller than the maximum AIG drawdown of -99.64%. Use the drawdown chart below to compare losses from any high point for SPTE and AIG. For additional features, visit the drawdowns tool.
Volatility
SPTE vs. AIG - Volatility Comparison
SP Funds S&P Global Technology ETF (SPTE) has a higher volatility of 17.66% compared to American International Group, Inc. (AIG) at 12.53%. This indicates that SPTE's price experiences larger fluctuations and is considered to be riskier than AIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.