Correlation
The correlation between USAAX and SPY is 0.91, 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.
USAAX vs. SPY
Compare and contrast key facts about USAA Growth Fund (USAAX) and SPDR S&P 500 ETF (SPY).
USAAX is managed by Victory Capital. It was launched on Apr 5, 1971. 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: USAAX or SPY.
Performance
USAAX vs. SPY - Performance Comparison
Loading data...
Key characteristics
USAAX:
0.59
SPY:
0.67
USAAX:
1.02
SPY:
1.03
USAAX:
1.15
SPY:
1.15
USAAX:
0.57
SPY:
0.69
USAAX:
1.51
SPY:
2.61
USAAX:
11.21%
SPY:
4.92%
USAAX:
28.84%
SPY:
20.44%
USAAX:
-67.51%
SPY:
-55.19%
USAAX:
-11.78%
SPY:
-3.44%
Returns By Period
In the year-to-date period, USAAX achieves a 0.65% return, which is significantly lower than SPY's 0.98% return. Over the past 10 years, USAAX has outperformed SPY with an annualized return of 13.70%, while SPY has yielded a comparatively lower 12.73% annualized return.
USAAX
0.65%
9.83%
1.74%
16.92%
21.56%
14.95%
13.70%
SPY
0.98%
6.45%
-0.84%
13.58%
14.08%
15.83%
12.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
USAAX vs. SPY - Expense Ratio Comparison
USAAX has a 0.84% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
USAAX vs. SPY — Risk-Adjusted Performance Rank
USAAX
SPY
USAAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Growth Fund (USAAX) 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.
Loading data...
Dividends
USAAX vs. SPY - Dividend Comparison
USAAX's dividend yield for the trailing twelve months is around 10.40%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USAAX USAA Growth Fund | 10.40% | 10.47% | 6.54% | 6.98% | 10.34% | 4.33% | 26.15% | 13.67% | 2.47% | 5.27% | 6.92% | 7.07% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
USAAX vs. SPY - Drawdown Comparison
The maximum USAAX drawdown since its inception was -67.51%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for USAAX and SPY.
Loading data...
Volatility
USAAX vs. SPY - Volatility Comparison
USAA Growth Fund (USAAX) has a higher volatility of 5.84% compared to SPDR S&P 500 ETF (SPY) at 4.85%. This indicates that USAAX'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.
Loading data...