PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ECH vs. SPYD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ECH vs. SPYD

Last updated Jun 20, 2026

ECH (iShares MSCI Chile ETF) and SPYD (State Street SPDR Portfolio S&P 500 High Dividend ETF) are both exchange-traded funds - ECH is a Foreign Large Cap Equities fund tracking the MSCI Chile Investable Market Index, while SPYD is a S&P 500 fund tracking the S&P 500 High Dividend Index. Both are passively managed. Over the past 10 years, ECH returned 4.44%/yr vs 8.52%/yr for SPYD. At a 0.44 correlation, their price movements are largely independent. ECH charges 0.59%/yr vs 0.07%/yr for SPYD.

Performance

ECH vs. SPYD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Chile ETF (ECH) and State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, ECH achieves a 2.23% return, which is significantly lower than SPYD's 10.94% return. Over the past 10 years, ECH has underperformed SPYD with an annualized return of 4.44%, while SPYD has yielded a comparatively higher 8.52% annualized return.

ECH

1D
-0.85%
1M
1.75%
YTD
2.23%
6M
5.27%
1Y
36.61%
3Y*
14.33%
5Y*
12.22%
10Y*
4.44%

SPYD

1D
-0.08%
1M
0.89%
YTD
10.94%
6M
11.30%
1Y
17.69%
3Y*
13.11%
5Y*
8.30%
10Y*
8.52%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ECH vs. SPYD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ECH
iShares MSCI Chile ETF		2.23%65.41%-8.67%9.01%25.12%-19.80%-7.13%-17.79%-18.98%41.79%
SPYD
State Street SPDR Portfolio S&P 500 High Dividend ETF		10.94%4.65%15.34%3.91%-1.17%32.73%-11.64%21.20%-4.89%12.67%

Correlation

The correlation between ECH and SPYD is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.30

Correlation (3Y)
Calculated over the trailing 3-year period

0.36

Correlation (5Y)
Calculated over the trailing 5-year period

0.41

Correlation (10Y)
Calculated over the trailing 10-year period

0.43

Correlation (All Time)
Calculated using the full available price history since Oct 22, 2015

0.44

The correlation between ECH and SPYD shifts across timeframes, from 0.30 (1 year) to 0.44 (all time), reflecting how their relationship changes across market environments.

ECH vs. SPYD - Sectors Allocation Comparison

Sectors
ECH
SPYD

Financial Services

21.8%
11.9%

Basic Materials

20.1%
3.0%

Industrials

15.7%
2.3%

Utilities

12.9%
11.2%

Consumer Cyclical

12.4%
7.3%

Real Estate

7.7%
26.5%

Consumer Defensive

7.6%
16.0%

Communication Services

1.7%
4.8%

Energy

-

8.5%

Healthcare

-

5.3%

Technology

-

3.2%

Financial Services

ECH
21.8%
SPYD
11.9%

Basic Materials

ECH
20.1%
SPYD
3.0%

Industrials

ECH
15.7%
SPYD
2.3%

Utilities

ECH
12.9%
SPYD
11.2%

Consumer Cyclical

ECH
12.4%
SPYD
7.3%

Real Estate

ECH
7.7%
SPYD
26.5%

Consumer Defensive

ECH
7.6%
SPYD
16.0%

Communication Services

ECH
1.7%
SPYD
4.8%

Energy

ECH

-

SPYD
8.5%

Healthcare

ECH

-

SPYD
5.3%

Technology

ECH

-

SPYD
3.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI Chile ETF

State Street SPDR Portfolio S&P 500 High Dividend ETF

Often compared with ECH:
ECH vs. EWZECH vs. EPUECH vs. EWWECH vs. EWZSECH vs. EPOLECH vs. EWYECH vs. SCHD
Often compared with SPYD:
SPYD vs. SCHDSPYD vs. SPYSPYD vs. VYMSPYD vs. SPYISPYD vs. HDVSPYD vs. JEPISPYD vs. SPHD

Return for Risk

ECH vs. SPYD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ECH
ECH Risk / Return Rank: 3939
Overall Rank
ECH Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
ECH Sortino Ratio Rank: 4040
Sortino Ratio Rank
ECH Omega Ratio Rank: 3939
Omega Ratio Rank
ECH Calmar Ratio Rank: 3939
Calmar Ratio Rank
ECH Martin Ratio Rank: 3232
Martin Ratio Rank
SPYD
SPYD Risk / Return Rank: 4646
Overall Rank
SPYD Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
SPYD Sortino Ratio Rank: 4747
Sortino Ratio Rank
SPYD Omega Ratio Rank: 4141
Omega Ratio Rank
SPYD Calmar Ratio Rank: 5353
Calmar Ratio Rank
SPYD Martin Ratio Rank: 4646
Martin Ratio Rank
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.

ECH vs. SPYD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Chile ETF (ECH) and State Street 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.

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.

ECHSPYDDifference
Sharpe ratioReturn per unit of total volatility
1.44
1.50

-0.06

Sortino ratioReturn per unit of downside risk
1.99
2.25

-0.25

Omega ratioGain probability vs. loss probability

1.25

1.26

-0.01

Calmar ratioReturn relative to maximum drawdown

1.86

2.52

-0.66

Martin ratioReturn relative to average drawdown

4.41

7.28

-2.88

ECH vs. SPYD - Sharpe Ratio Comparison

The current ECH Sharpe Ratio is 1.44, which is comparable to the SPYD Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of ECH and SPYD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

ECH vs. SPYD - Drawdown Comparison

The maximum ECH drawdown since its inception was -74.08%, which is greater than SPYD's maximum drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for ECH and SPYD.

Loading charts...

Drawdown Indicators

ECHSPYDDifference

Max Drawdown

Largest peak-to-trough decline

-74.08%

-46.42%

-27.66%

Max Drawdown (1Y)

Largest decline over 1 year

-19.74%

-7.05%

-12.69%

Max Drawdown (3Y)

Largest decline over 3 years

-25.59%

-16.13%

-9.46%

Max Drawdown (5Y)

Largest decline over 5 years

-25.59%

-22.25%

-3.34%

Max Drawdown (10Y)

Largest decline over 10 years

-66.89%

-46.42%

-20.47%

Current Drawdown

Current decline from peak

-24.03%

-3.30%

-20.73%

Average Drawdown

Average peak-to-trough decline

-37.48%

-6.15%

-31.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.33%

2.43%

+5.90%

Volatility

ECH vs. SPYD - Volatility Comparison

iShares MSCI Chile ETF (ECH) has a higher volatility of 9.09% compared to State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) at 3.57%. This indicates that ECH'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.

Loading charts...

Volatility by Period

ECHSPYDDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.09%

3.57%

+5.52%

Volatility (6M)

Calculated over the trailing 6-month period

21.20%

8.03%

+13.17%

Volatility (1Y)

Calculated over the trailing 1-year period

25.51%

11.84%

+13.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.63%

16.10%

+11.53%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.27%

19.79%

+7.48%

ECH vs. SPYD - Expense Ratio Comparison

ECH has a 0.59% expense ratio, which is higher than SPYD's 0.07% expense ratio.

Dividends

ECH vs. SPYD - Dividend Comparison

ECH's dividend yield for the trailing twelve months is around 1.93%, less than SPYD's 4.19% yield.

PositionTTM20252024202320222021202020192018201720162015
ECH
iShares MSCI Chile ETF		1.93%2.01%3.12%4.77%6.73%5.49%2.16%2.47%2.37%1.42%1.85%2.13%
SPYD
State Street SPDR Portfolio S&P 500 High Dividend ETF		4.19%4.52%4.31%4.66%5.01%3.68%4.95%4.42%4.75%4.63%4.34%1.13%

Frequently Asked Questions

ECH and SPYD have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ECH has higher volatility (9.09%) compared to SPYD (3.57%). In terms of maximum drawdown, ECH dropped -74.08% vs SPYD's -46.42%.

On 10-year performance, SPYD leads with 8.52% vs 4.44% for ECH. On fees, SPYD is cheaper at 0.07% per year. On volatility, SPYD has been the lower-risk option at 3.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, SPYD has performed better with a 8.52% return vs 4.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SPYD is cheaper with a 0.07% expense ratio, compared with 0.59% for ECH.

SPYD has the higher dividend yield at 4.19%, compared with 1.93% for ECH.

ECH is categorized as Foreign Large Cap Equities, while SPYD is S&P 500. ECH tracks MSCI Chile Investable Market Index, while SPYD tracks S&P 500 High Dividend Index. They also come from different issuers: iShares and State Street. Their fees differ too: 0.59% for ECH and 0.07% for SPYD.

SPYD currently has the higher Sharpe Ratio (1.50 vs 1.44), 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.

Portfolio Optimizer

Find the right allocation for ECH and SPYD

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer