DHS vs. SPY
Compare and contrast key facts about WisdomTree US High Dividend Fund (DHS) and SPDR S&P 500 ETF (SPY).
DHS and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DHS is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree U.S. High Dividend Index. It was launched on Jun 16, 2006. 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. Both DHS and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DHS or SPY.
Performance
DHS vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, DHS achieves a 22.22% return, which is significantly lower than SPY's 24.40% return. Over the past 10 years, DHS has underperformed SPY with an annualized return of 8.61%, while SPY has yielded a comparatively higher 13.04% annualized return.
DHS
22.22%
1.68%
13.93%
30.17%
9.40%
8.61%
SPY
24.40%
0.59%
11.33%
31.86%
15.23%
13.04%
Key characteristics
| DHS | SPY | |
|---|---|---|
| Sharpe Ratio | 2.45 | 2.64 |
| Sortino Ratio | 3.45 | 3.53 |
| Omega Ratio | 1.44 | 1.49 |
| Calmar Ratio | 2.87 | 3.81 |
| Martin Ratio | 15.74 | 17.21 |
| Ulcer Index | 1.91% | 1.86% |
| Daily Std Dev | 12.26% | 12.15% |
| Max Drawdown | -67.25% | -55.19% |
| Current Drawdown | -0.79% | -2.17% |
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DHS vs. SPY - Expense Ratio Comparison
DHS has a 0.38% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between DHS and SPY is 0.83, 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.
Risk-Adjusted Performance
DHS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree US High Dividend Fund (DHS) 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
DHS vs. SPY - Dividend Comparison
DHS's dividend yield for the trailing twelve months is around 3.54%, more than SPY's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHS WisdomTree US High Dividend Fund | 3.54% | 4.31% | 3.42% | 3.29% | 4.14% | 3.69% | 3.75% | 3.00% | 3.25% | 3.53% | 2.91% | 3.19% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
DHS vs. SPY - Drawdown Comparison
The maximum DHS drawdown since its inception was -67.25%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DHS and SPY. For additional features, visit the drawdowns tool.
Volatility
DHS vs. SPY - Volatility Comparison
WisdomTree US High Dividend Fund (DHS) and SPDR S&P 500 ETF (SPY) have volatilities of 4.02% and 4.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.