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.
Performance
SPTE vs. AIG - Performance Comparison
Returns By Period
In the year-to-date period, SPTE achieves a 30.01% return, which is significantly higher than AIG's 13.92% return.
SPTE
30.01%
-1.42%
8.81%
N/A
N/A
N/A
AIG
13.92%
-1.36%
-0.99%
19.43%
10.32%
5.78%
Key characteristics
| SPTE | AIG | |
|---|---|---|
| Daily Std Dev | 24.71% | 20.01% |
| Max Drawdown | -18.15% | -99.64% |
| Current Drawdown | -4.77% | -93.96% |
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Correlation
The correlation between SPTE and AIG is 0.18, 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.
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.
Not enough dataDividends
SPTE vs. AIG - Dividend Comparison
SPTE's dividend yield for the trailing twelve months is around 0.23%, less than AIG's 2.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPTE SP Funds S&P Global Technology ETF | 0.23% | 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. | 2.00% | 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 -18.15%, 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 5.94% compared to American International Group, Inc. (AIG) at 4.92%. 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.