Two ETF - Growth & Value
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
SPHQ Invesco S&P 500® Quality ETF | Large Cap Blend Equities | 33.33% |
SPYG SPDR Portfolio S&P 500 Growth ETF | Large Cap Growth Equities | 33.33% |
SPYV SPDR Portfolio S&P 500 Value ETF | Large Cap Blend Equities | 33.33% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Two ETF - Growth & Value, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced every 3 months.
The earliest data available for this chart is Dec 6, 2005, corresponding to the inception date of SPHQ
Returns By Period
As of Jan 9, 2025, the Two ETF - Growth & Value returned 0.59% Year-To-Date and 13.20% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC | N/A | N/A | N/A | N/A | N/A | N/A |
| Two ETF - Growth & Value | 0.59% | -2.07% | 5.40% | 27.48% | 14.47% | 13.20% |
| Portfolio components: | ||||||
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.98% | -0.71% | 5.91% | 38.13% | 16.80% | 15.35% |
SPYV SPDR Portfolio S&P 500 Value ETF | 0.18% | -4.20% | 5.56% | 12.39% | 10.59% | 10.09% |
SPHQ Invesco S&P 500® Quality ETF | 0.31% | -2.37% | 4.46% | 26.11% | 14.55% | 13.14% |
Monthly Returns
The table below presents the monthly returns of Two ETF - Growth & Value, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.18% | 5.38% | 3.26% | -3.86% | 5.29% | 4.00% | 1.05% | 2.67% | 1.92% | -1.32% | 5.74% | -2.18% | 26.35% |
| 2023 | 5.76% | -2.27% | 4.38% | 1.59% | 0.33% | 6.37% | 3.39% | -0.95% | -4.64% | -2.34% | 8.35% | 4.48% | 26.26% |
| 2022 | -5.63% | -3.12% | 3.11% | -9.10% | 0.32% | -8.84% | 9.60% | -4.24% | -9.21% | 7.75% | 5.88% | -5.78% | -19.73% |
| 2021 | -0.76% | 2.03% | 4.05% | 4.99% | 0.71% | 3.54% | 2.72% | 2.91% | -4.75% | 7.11% | -0.44% | 4.25% | 29.11% |
| 2020 | -0.09% | -8.03% | -11.32% | 12.73% | 4.98% | 1.75% | 5.47% | 7.49% | -3.50% | -3.01% | 10.48% | 3.78% | 19.37% |
| 2019 | 7.69% | 3.78% | 2.33% | 3.87% | -6.29% | 6.89% | 1.27% | -1.42% | 1.80% | 2.22% | 3.54% | 3.05% | 31.89% |
| 2018 | 5.51% | -3.61% | -2.52% | -0.07% | 2.55% | 0.32% | 3.54% | 3.71% | 0.94% | -7.02% | 1.35% | -8.65% | -4.90% |
| 2017 | 1.75% | 3.90% | 0.18% | 0.93% | 1.52% | 0.43% | 1.71% | 0.09% | 2.30% | 2.05% | 3.21% | 1.23% | 21.00% |
| 2016 | -4.24% | 0.56% | 6.82% | 0.13% | 1.52% | 0.18% | 3.57% | -0.02% | -0.22% | -1.82% | 3.58% | 1.92% | 12.18% |
| 2015 | -2.97% | 5.54% | -1.42% | 0.32% | 1.40% | -1.87% | 2.30% | -5.81% | -2.30% | 8.04% | 0.50% | -1.55% | 1.40% |
| 2014 | -3.60% | 4.52% | 1.02% | 0.70% | 2.32% | 1.66% | -1.75% | 3.96% | -0.85% | 2.72% | 3.00% | 0.05% | 14.30% |
Expense Ratio
Two ETF - Growth & Value has an expense ratio of 0.08%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 76, Two ETF - Growth & Value is among the top 24% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
SPYG SPDR Portfolio S&P 500 Growth ETF | 2.18 | 2.81 | 1.39 | 3.02 | 11.85 |
SPYV SPDR Portfolio S&P 500 Value ETF | 1.15 | 1.67 | 1.20 | 1.55 | 4.92 |
SPHQ Invesco S&P 500® Quality ETF | 2.13 | 2.92 | 1.38 | 4.24 | 14.97 |
Dividends
Dividend yield
Two ETF - Growth & Value provided a 1.34% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.34% | 1.35% | 1.44% | 1.70% | 1.30% | 1.61% | 1.71% | 2.11% | 1.92% | 1.87% | 2.13% | 1.74% |
| Portfolio components: | ||||||||||||
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.60% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% |
SPYV SPDR Portfolio S&P 500 Value ETF | 2.28% | 2.29% | 1.75% | 2.23% | 2.10% | 2.38% | 2.25% | 2.97% | 2.77% | 2.39% | 2.53% | 2.19% |
SPHQ Invesco S&P 500® Quality ETF | 1.15% | 1.15% | 1.43% | 1.85% | 1.19% | 1.56% | 1.50% | 1.86% | 1.57% | 1.68% | 2.29% | 1.66% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Two ETF - Growth & Value. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Two ETF - Growth & Value was 55.45%, occurring on Mar 9, 2009. Recovery took 962 trading sessions.
The current Two ETF - Growth & Value drawdown is 2.81%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -55.45% | Oct 15, 2007 | 352 | Mar 9, 2009 | 962 | Jan 2, 2013 | 1314 |
| -32.85% | Feb 20, 2020 | 23 | Mar 23, 2020 | 94 | Aug 5, 2020 | 117 |
| -25.94% | Dec 28, 2021 | 200 | Oct 12, 2022 | 297 | Dec 18, 2023 | 497 |
| -19.73% | Oct 2, 2018 | 58 | Dec 24, 2018 | 70 | Apr 5, 2019 | 128 |
| -12.49% | May 9, 2006 | 25 | Jun 13, 2006 | 114 | Nov 22, 2006 | 139 |
Volatility
Volatility Chart
The current Two ETF - Growth & Value volatility is 4.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| SPYV | SPYG | SPHQ | |
|---|---|---|---|
| SPYV | 1.00 | 0.79 | 0.82 |
| SPYG | 0.79 | 1.00 | 0.89 |
| SPHQ | 0.82 | 0.89 | 1.00 |