DVY vs. SPYD
Compare and contrast key facts about iShares Select Dividend ETF (DVY) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD).
DVY and SPYD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DVY is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Dividend Index. It was launched on Nov 3, 2003. SPYD is a passively managed fund by State Street that tracks the performance of the S&P 500 High Dividend Index. It was launched on Oct 21, 2015. Both DVY and SPYD 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: DVY or SPYD.
Performance
DVY vs. SPYD - Performance Comparison
Returns By Period
In the year-to-date period, DVY achieves a 23.46% return, which is significantly higher than SPYD's 22.20% return.
DVY
23.46%
4.13%
17.26%
32.52%
10.45%
9.78%
SPYD
22.20%
1.64%
18.06%
35.66%
8.75%
N/A
Key characteristics
| DVY | SPYD | |
|---|---|---|
| Sharpe Ratio | 2.65 | 2.77 |
| Sortino Ratio | 3.63 | 3.83 |
| Omega Ratio | 1.47 | 1.50 |
| Calmar Ratio | 2.85 | 2.30 |
| Martin Ratio | 15.83 | 18.40 |
| Ulcer Index | 2.10% | 1.97% |
| Daily Std Dev | 12.55% | 13.05% |
| Max Drawdown | -62.59% | -46.42% |
| Current Drawdown | 0.00% | 0.00% |
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DVY vs. SPYD - Expense Ratio Comparison
DVY has a 0.39% expense ratio, which is higher than SPYD's 0.07% expense ratio.
Correlation
The correlation between DVY and SPYD is 0.95, 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
DVY vs. SPYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Select Dividend ETF (DVY) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD). 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
DVY vs. SPYD - Dividend Comparison
DVY's dividend yield for the trailing twelve months is around 3.31%, less than SPYD's 3.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVY iShares Select Dividend ETF | 3.31% | 3.82% | 3.43% | 3.12% | 3.66% | 3.41% | 3.58% | 3.00% | 3.04% | 3.45% | 3.03% | 3.06% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 3.99% | 4.66% | 5.01% | 3.69% | 4.96% | 4.42% | 4.75% | 4.64% | 4.34% | 1.13% | 0.00% | 0.00% |
Drawdowns
DVY vs. SPYD - Drawdown Comparison
The maximum DVY drawdown since its inception was -62.59%, which is greater than SPYD's maximum drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for DVY and SPYD. For additional features, visit the drawdowns tool.
Volatility
DVY vs. SPYD - Volatility Comparison
iShares Select Dividend ETF (DVY) has a higher volatility of 4.15% compared to SPDR Portfolio S&P 500 High Dividend ETF (SPYD) at 3.38%. This indicates that DVY's price experiences larger fluctuations and is considered to be riskier than SPYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.