TRSGX vs. SPY
Compare and contrast key facts about T. Rowe Price Spectrum Moderate Growth Allocation Fund (TRSGX) and SPDR S&P 500 ETF (SPY).
TRSGX is managed by T. Rowe Price. It was launched on Jul 28, 1994. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRSGX or SPY.
Correlation
The correlation between TRSGX and SPY is 0.93, 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
TRSGX vs. SPY - Performance Comparison
Key characteristics
TRSGX:
0.97
SPY:
2.20
TRSGX:
1.21
SPY:
2.91
TRSGX:
1.21
SPY:
1.41
TRSGX:
0.55
SPY:
3.35
TRSGX:
4.21
SPY:
13.99
TRSGX:
2.66%
SPY:
2.01%
TRSGX:
11.61%
SPY:
12.79%
TRSGX:
-55.27%
SPY:
-55.19%
TRSGX:
-12.08%
SPY:
-1.35%
Returns By Period
In the year-to-date period, TRSGX achieves a 1.78% return, which is significantly lower than SPY's 1.96% return. Over the past 10 years, TRSGX has underperformed SPY with an annualized return of 4.19%, while SPY has yielded a comparatively higher 13.29% annualized return.
TRSGX
1.78%
1.49%
-1.47%
9.70%
2.79%
4.19%
SPY
1.96%
1.09%
8.43%
25.46%
14.30%
13.29%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TRSGX vs. SPY - Expense Ratio Comparison
TRSGX has a 0.61% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
TRSGX vs. SPY — Risk-Adjusted Performance Rank
TRSGX
SPY
TRSGX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Spectrum Moderate Growth Allocation Fund (TRSGX) and SPDR S&P 500 ETF (SPY). 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
TRSGX vs. SPY - Dividend Comparison
TRSGX's dividend yield for the trailing twelve months is around 1.57%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRSGX T. Rowe Price Spectrum Moderate Growth Allocation Fund | 1.57% | 1.60% | 1.84% | 1.38% | 0.71% | 0.83% | 1.34% | 1.61% | 1.12% | 1.41% | 1.65% | 1.55% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
TRSGX vs. SPY - Drawdown Comparison
The maximum TRSGX drawdown since its inception was -55.27%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TRSGX and SPY. For additional features, visit the drawdowns tool.
Volatility
TRSGX vs. SPY - Volatility Comparison
T. Rowe Price Spectrum Moderate Growth Allocation Fund (TRSGX) has a higher volatility of 7.71% compared to SPDR S&P 500 ETF (SPY) at 5.10%. This indicates that TRSGX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.