ARMH vs. SPHD
ARMH (Arm Holdings PLC ADRhedged ETF) and SPHD (Invesco S&P 500® High Dividend Low Volatility ETF) are both exchange-traded funds - ARMH is a Technology Equities fund actively managed by Precidian, while SPHD is a Dividend fund tracking the S&P 500 Low Volatility High Dividend Index. ARMH is actively managed, while SPHD is passively managed. Their -0.69 correlation means they have often moved in opposite directions in the past. ARMH charges 0.19%/yr vs 0.30%/yr for SPHD.
Performance
ARMH vs. SPHD - Performance Comparison
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Returns By Period
ARMH
- 1D
- -0.07%
- 1M
- -24.02%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SPHD
- 1D
- 0.42%
- 1M
- 1.31%
- 6M
- 7.84%
- YTD
- 12.76%
- 1Y
- 15.99%
- 3Y*
- 12.75%
- 5Y*
- 8.21%
- 10Y*
- 7.28%
- ALL TIME*
- 9.85%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $185.31K | $454.05K | $691.73K | |
| $46.06M | $45.99M | $42.71M |
ARMH vs. SPHD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ARMH Arm Holdings PLC ADRhedged ETF | -22.64% |
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 5.61% |
Correlation
The correlation between ARMH and SPHD is -0.69, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 28, 2026 | -0.69 |
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Return for Risk
ARMH vs. SPHD — Risk / Return Rank
ARMH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SPHD
ARMH vs. SPHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arm Holdings PLC ADRhedged ETF (ARMH) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ARMH | SPHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.23 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.19 | — |
| Martin ratioReturn relative to average drawdown | — | 5.46 | — |
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Drawdowns
ARMH vs. SPHD - Drawdown Comparison
The maximum ARMH drawdown since its inception was -48.81%, which is greater than SPHD's maximum drawdown of -41.39%. Use the drawdown chart below to compare losses from any high point for ARMH and SPHD.
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Drawdown Indicators
| ARMH | SPHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.81% | -41.39% | -7.42% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.33% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.29% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.50% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.39% | — |
Current DrawdownCurrent decline from peak | -45.83% | -1.83% | -44.00% |
Average DrawdownAverage peak-to-trough decline | -23.50% | -4.66% | -18.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.94% | — |
Volatility
ARMH vs. SPHD - Volatility Comparison
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Volatility by Period
| ARMH | SPHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.36% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.03% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 97.98% | 11.80% | +86.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 97.98% | 14.24% | +83.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.98% | 17.67% | +80.31% |
ARMH vs. SPHD - Expense Ratio Comparison
ARMH has a 0.19% expense ratio, which is lower than SPHD's 0.30% expense ratio.
Dividends
ARMH vs. SPHD - Dividend Comparison
ARMH has not paid dividends to shareholders, while SPHD's dividend yield for the trailing twelve months is around 4.54%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARMH Arm Holdings PLC ADRhedged ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 4.54% | 4.02% | 3.41% | 4.48% | 3.89% | 3.45% | 4.89% | 4.07% | 4.40% | 3.14% | 3.83% | 3.49% |
Frequently Asked Questions
ARMH and SPHD have a correlation of -0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ARMH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ARMH is cheaper with a 0.19% expense ratio, compared with 0.30% for SPHD.
SPHD has the higher dividend yield at 4.54%, compared with 0.00% for ARMH.
ARMH is categorized as Technology Equities, while SPHD is Dividend. They also come from different issuers: Precidian and Invesco. Their fees differ too: 0.19% for ARMH and 0.30% for SPHD.
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