CTVA vs. SDY

Last updated Jun 26, 2026

CTVA (Corteva, Inc.) is a stock, while SDY (SPDR S&P Dividend ETF) is Mid Cap Value Equities fund tracking the S&P High Yield Dividend Aristocrats Index. Over the past 5 years, CTVA returned 14.30%/yr vs 7.09%/yr for SDY. A 0.54 correlation means they provide meaningful diversification when combined.

Performance

CTVA vs. SDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Corteva, Inc. (CTVA) and SPDR S&P Dividend ETF (SDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CTVA achieves a 22.32% return, which is significantly higher than SDY's 10.71% return.

CTVA

• 1D: 1.91%
• 1M: 3.44%
• YTD: 22.32%
• 6M: 21.78%
• 1Y: 12.52%
• 3Y*: 13.29%
• 5Y*: 14.30%
• 10Y*: —

SDY

• 1D: 0.65%
• 1M: 1.98%
• YTD: 10.71%
• 6M: 9.77%
• 1Y: 16.57%
• 3Y*: 11.03%
• 5Y*: 7.09%
• 10Y*: 9.87%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CTVA vs. SDY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
CTVA Corteva, Inc.	22.32%	18.89%	20.24%	-17.51%	25.58%	23.55%	33.49%	0.32%
SDY SPDR S&P Dividend ETF	10.71%	8.18%	8.45%	2.61%	-0.54%	25.32%	1.71%	11.62%

Correlation

The correlation between CTVA and SDY is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (All Time) Calculated using the full available price history since May 24, 2019	0.54

The correlation between CTVA and SDY shifts across timeframes, from 0.38 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CTVA vs. SDY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CTVA

CTVA Risk / Return Rank: 57
CTVA Sharpe Ratio Rank: 62
CTVA Sortino Ratio Rank: 52
CTVA Omega Ratio Rank: 54
CTVA Calmar Ratio Rank: 57
CTVA Martin Ratio Rank: 57

SDY

SDY Risk / Return Rank: 51
SDY Sharpe Ratio Rank: 54
SDY Sortino Ratio Rank: 59
SDY Omega Ratio Rank: 50
SDY Calmar Ratio Rank: 50
SDY Martin Ratio Rank: 41

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CTVA vs. SDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Corteva, Inc. (CTVA) and SPDR S&P Dividend ETF (SDY). 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.

	CTVA	SDY	Difference
Sharpe ratio: Return per unit of total volatility	0.54	1.60	-1.06
Sortino ratio: Return per unit of downside risk	0.83	2.42	-1.60
Omega ratio: Gain probability vs. loss probability	1.11	1.28	-0.16
Calmar ratio: Return relative to maximum drawdown	0.61	2.17	-1.56
Martin ratio: Return relative to average drawdown	1.29	5.83	-4.54

CTVA vs. SDY - Sharpe Ratio Comparison

The current CTVA Sharpe Ratio is 0.54, which is lower than the SDY Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of CTVA and SDY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CTVA vs. SDY - Drawdown Comparison

The maximum CTVA drawdown since its inception was -34.76%, smaller than the maximum SDY drawdown of -54.75%. Use the drawdown chart below to compare losses from any high point for CTVA and SDY.

Drawdown Indicators

	CTVA	SDY	Difference
Max Drawdown Largest peak-to-trough decline	-34.76%	-54.75%	+19.99%
Max Drawdown (1Y) Largest decline over 1 year	-20.71%	-7.67%	-13.04%
Max Drawdown (3Y) Largest decline over 3 years	-24.68%	-14.39%	-10.29%
Max Drawdown (5Y) Largest decline over 5 years	-34.76%	-15.21%	-19.55%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.70%	—
Current Drawdown Current decline from peak	-4.27%	-1.19%	-3.08%
Average Drawdown Average peak-to-trough decline	-10.53%	-6.20%	-4.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.72%	2.85%	+6.87%

Volatility

CTVA vs. SDY - Volatility Comparison

Corteva, Inc. (CTVA) has a higher volatility of 5.50% compared to SPDR S&P Dividend ETF (SDY) at 3.13%. This indicates that CTVA's price experiences larger fluctuations and is considered to be riskier than SDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CTVA	SDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.50%	3.13%	+2.37%
Volatility (6M) Calculated over the trailing 6-month period	15.50%	7.58%	+7.92%
Volatility (1Y) Calculated over the trailing 1-year period	23.29%	10.43%	+12.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.92%	13.99%	+12.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.60%	17.07%	+15.53%

Dividends

CTVA vs. SDY - Dividend Comparison

CTVA's dividend yield for the trailing twelve months is around 0.88%, less than SDY's 2.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CTVA Corteva, Inc.	0.88%	1.04%	1.16%	1.29%	0.99%	1.14%	1.34%	0.88%	0.00%	0.00%	0.00%	0.00%
SDY SPDR S&P Dividend ETF	2.45%	2.61%	2.56%	2.64%	2.55%	2.63%	2.85%	2.45%	2.73%	4.69%	3.30%	6.20%

Frequently Asked Questions

Can I hold both CTVA and SDY in my portfolio?

CTVA and SDY have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CTVA or SDY?

CTVA has higher volatility (5.50%) compared to SDY (3.13%). In terms of maximum drawdown, CTVA dropped -34.76% vs SDY's -54.75%.

Which has better risk-adjusted returns?

SDY currently has the higher Sharpe Ratio (1.60 vs 0.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.