VCNIX vs. SPY
Compare and contrast key facts about VALIC Company I Nasdaq-100 Index Fund (VCNIX) and SPDR S&P 500 ETF (SPY).
VCNIX is managed by VALIC. It was launched on Oct 2, 2000. 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: VCNIX or SPY.
Correlation
The correlation between VCNIX and SPY is 0.89, 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
VCNIX vs. SPY - Performance Comparison
Key characteristics
VCNIX:
-0.28
SPY:
0.51
VCNIX:
-0.15
SPY:
0.86
VCNIX:
0.97
SPY:
1.13
VCNIX:
-0.25
SPY:
0.55
VCNIX:
-0.77
SPY:
2.26
VCNIX:
11.99%
SPY:
4.55%
VCNIX:
32.84%
SPY:
20.08%
VCNIX:
-54.41%
SPY:
-55.19%
VCNIX:
-28.65%
SPY:
-9.89%
Returns By Period
In the year-to-date period, VCNIX achieves a -24.70% return, which is significantly lower than SPY's -5.76% return. Over the past 10 years, VCNIX has underperformed SPY with an annualized return of 7.87%, while SPY has yielded a comparatively higher 11.99% annualized return.
VCNIX
-24.70%
-2.46%
-22.23%
-9.00%
4.92%
7.87%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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VCNIX vs. SPY - Expense Ratio Comparison
VCNIX has a 0.45% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
VCNIX vs. SPY — Risk-Adjusted Performance Rank
VCNIX
SPY
VCNIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VALIC Company I Nasdaq-100 Index Fund (VCNIX) 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
VCNIX vs. SPY - Dividend Comparison
VCNIX's dividend yield for the trailing twelve months is around 0.59%, less than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCNIX VALIC Company I Nasdaq-100 Index Fund | 0.59% | 0.30% | 0.26% | 0.32% | 0.28% | 0.58% | 0.35% | 0.55% | 0.63% | 0.65% | 0.88% | 0.69% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
VCNIX vs. SPY - Drawdown Comparison
The maximum VCNIX drawdown since its inception was -54.41%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VCNIX and SPY. For additional features, visit the drawdowns tool.
Volatility
VCNIX vs. SPY - Volatility Comparison
VALIC Company I Nasdaq-100 Index Fund (VCNIX) has a higher volatility of 16.85% compared to SPDR S&P 500 ETF (SPY) at 15.12%. This indicates that VCNIX'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.