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 0.19, 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:
1.51
AIG:
0.56
SPTE:
2.07
AIG:
0.87
SPTE:
1.27
AIG:
1.11
SPTE:
2.05
AIG:
0.12
SPTE:
6.59
AIG:
2.19
SPTE:
5.64%
AIG:
5.21%
SPTE:
24.56%
AIG:
20.40%
SPTE:
-18.14%
AIG:
-99.64%
SPTE:
-2.51%
AIG:
-94.19%
Returns By Period
In the year-to-date period, SPTE achieves a 34.16% return, which is significantly higher than AIG's 9.59% return.
SPTE
34.16%
3.18%
4.57%
34.92%
N/A
N/A
AIG
9.59%
-2.10%
-1.86%
11.53%
10.06%
5.09%
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Risk-Adjusted Performance
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 0.24%, less than AIG's 2.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPTE SP Funds S&P Global Technology ETF | 0.24% | 0.00% | 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. | 2.15% | 2.07% | 2.02% | 2.25% | 3.38% | 2.49% | 3.25% | 2.15% | 1.96% | 1.31% | 0.89% | 0.39% |
Drawdowns
SPTE vs. AIG - Drawdown Comparison
The maximum SPTE drawdown since its inception was -18.14%, 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
The current volatility for SP Funds S&P Global Technology ETF (SPTE) is 4.68%, while American International Group, Inc. (AIG) has a volatility of 5.70%. This indicates that SPTE experiences smaller price fluctuations and is considered to be less risky than AIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.