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:
0.63
SPY:
2.21
TRSGX:
0.81
SPY:
2.93
TRSGX:
1.15
SPY:
1.41
TRSGX:
0.79
SPY:
3.26
TRSGX:
4.33
SPY:
14.43
TRSGX:
1.82%
SPY:
1.90%
TRSGX:
12.43%
SPY:
12.41%
TRSGX:
-51.79%
SPY:
-55.19%
TRSGX:
-9.43%
SPY:
-2.74%
Returns By Period
In the year-to-date period, TRSGX achieves a 6.01% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, TRSGX has underperformed SPY with an annualized return of 7.28%, while SPY has yielded a comparatively higher 12.97% annualized return.
TRSGX
6.01%
-7.72%
-2.62%
6.65%
6.03%
7.28%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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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 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 has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.86%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRSGX T. Rowe Price Spectrum Moderate Growth Allocation Fund | 0.00% | 1.84% | 1.38% | 0.71% | 0.83% | 1.34% | 1.61% | 1.12% | 1.41% | 1.65% | 1.55% | 1.05% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
TRSGX vs. SPY - Drawdown Comparison
The maximum TRSGX drawdown since its inception was -51.79%, smaller than 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 8.83% compared to SPDR S&P 500 ETF (SPY) at 3.72%. 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.