TGVFX vs. SPLG
Compare and contrast key facts about Touchstone Growth Opportunities Fund (TGVFX) and SPDR Portfolio S&P 500 ETF (SPLG).
TGVFX is managed by Touchstone. It was launched on Sep 29, 1995. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TGVFX or SPLG.
Key characteristics
| TGVFX | SPLG | |
|---|---|---|
| YTD Return | 19.75% | 19.06% |
| 1Y Return | 30.40% | 26.60% |
| 3Y Return (Ann) | 8.53% | 9.86% |
| 5Y Return (Ann) | 17.32% | 15.25% |
| 10Y Return (Ann) | 12.45% | 12.99% |
| Sharpe Ratio | 1.84 | 2.19 |
| Daily Std Dev | 16.83% | 12.66% |
| Max Drawdown | -69.41% | -54.50% |
| Current Drawdown | -3.37% | -0.51% |
Correlation
The correlation between TGVFX and SPLG is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TGVFX vs. SPLG - Performance Comparison
The year-to-date returns for both stocks are quite close, with TGVFX having a 19.75% return and SPLG slightly lower at 19.06%. Both investments have delivered pretty close results over the past 10 years, with TGVFX having a 12.45% annualized return and SPLG not far ahead at 12.99%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TGVFX vs. SPLG - Expense Ratio Comparison
TGVFX has a 1.25% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
TGVFX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Touchstone Growth Opportunities Fund (TGVFX) and SPDR Portfolio S&P 500 ETF (SPLG). 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
TGVFX vs. SPLG - Dividend Comparison
TGVFX's dividend yield for the trailing twelve months is around 2.22%, more than SPLG's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TGVFX Touchstone Growth Opportunities Fund | 2.22% | 2.66% | 2.40% | 17.21% | 10.29% | 17.22% | 11.32% | 9.98% | 3.67% | 0.00% | 12.48% | 4.23% |
SPLG SPDR Portfolio S&P 500 ETF | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% | 1.71% |
Drawdowns
TGVFX vs. SPLG - Drawdown Comparison
The maximum TGVFX drawdown since its inception was -69.41%, which is greater than SPLG's maximum drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for TGVFX and SPLG. For additional features, visit the drawdowns tool.
Volatility
TGVFX vs. SPLG - Volatility Comparison
Touchstone Growth Opportunities Fund (TGVFX) has a higher volatility of 6.16% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 4.23%. This indicates that TGVFX's price experiences larger fluctuations and is considered to be riskier than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.