TWHIX vs. SPY
Compare and contrast key facts about American Century Heritage Fund (TWHIX) and SPDR S&P 500 ETF (SPY).
TWHIX is managed by American Century Investments. It was launched on Nov 10, 1987. 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: TWHIX or SPY.
Correlation
The correlation between TWHIX and SPY is 0.82, 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
TWHIX vs. SPY - Performance Comparison
Key characteristics
TWHIX:
0.36
SPY:
1.88
TWHIX:
0.55
SPY:
2.53
TWHIX:
1.09
SPY:
1.35
TWHIX:
0.29
SPY:
2.83
TWHIX:
1.09
SPY:
11.74
TWHIX:
7.23%
SPY:
2.02%
TWHIX:
22.05%
SPY:
12.64%
TWHIX:
-58.72%
SPY:
-55.19%
TWHIX:
-18.24%
SPY:
-0.42%
Returns By Period
In the year-to-date period, TWHIX achieves a 6.31% return, which is significantly higher than SPY's 4.15% return. Over the past 10 years, TWHIX has underperformed SPY with an annualized return of 0.05%, while SPY has yielded a comparatively higher 13.18% annualized return.
TWHIX
6.31%
-0.08%
3.14%
10.01%
2.77%
0.05%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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TWHIX vs. SPY - Expense Ratio Comparison
TWHIX has a 1.00% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
TWHIX vs. SPY — Risk-Adjusted Performance Rank
TWHIX
SPY
TWHIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Heritage Fund (TWHIX) 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
TWHIX vs. SPY - Dividend Comparison
TWHIX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TWHIX American Century Heritage Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
TWHIX vs. SPY - Drawdown Comparison
The maximum TWHIX drawdown since its inception was -58.72%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TWHIX and SPY. For additional features, visit the drawdowns tool.
Volatility
TWHIX vs. SPY - Volatility Comparison
American Century Heritage Fund (TWHIX) has a higher volatility of 5.37% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that TWHIX'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.