EFIV vs. PHDG
Compare and contrast key facts about State Street SPDR S&P 500 ESG ETF (EFIV) and Invesco S&P 500 Downside Hedged ETF (PHDG).
EFIV and PHDG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EFIV is a passively managed fund by State Street that tracks the performance of the S&P 500 ESG Index. It was launched on Jul 27, 2020. PHDG is a passively managed fund by Invesco that tracks the performance of the S&P 500 Dynamic VEQTOR Index. It was launched on Dec 6, 2012. Both EFIV and PHDG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
EFIV vs. PHDG - Performance Comparison
Loading graphics...
EFIV vs. PHDG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EFIV State Street SPDR S&P 500 ESG ETF | -4.39% | 18.47% | 23.80% | 27.92% | -17.76% | 31.70% | 16.69% |
PHDG Invesco S&P 500 Downside Hedged ETF | 1.32% | 2.72% | 10.95% | 8.18% | -14.09% | 15.67% | 4.71% |
Returns By Period
In the year-to-date period, EFIV achieves a -4.39% return, which is significantly lower than PHDG's 1.32% return.
EFIV
- 1D
- 2.85%
- 1M
- -5.17%
- YTD
- -4.39%
- 6M
- -0.28%
- 1Y
- 19.21%
- 3Y*
- 18.43%
- 5Y*
- 12.58%
- 10Y*
- —
PHDG
- 1D
- 1.24%
- 1M
- -0.47%
- YTD
- 1.32%
- 6M
- 2.31%
- 1Y
- 5.85%
- 3Y*
- 6.85%
- 5Y*
- 3.87%
- 10Y*
- 5.84%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EFIV vs. PHDG - Expense Ratio Comparison
EFIV has a 0.10% expense ratio, which is lower than PHDG's 0.39% expense ratio.
Return for Risk
EFIV vs. PHDG — Risk / Return Rank
EFIV
PHDG
EFIV vs. PHDG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR S&P 500 ESG ETF (EFIV) and Invesco S&P 500 Downside Hedged ETF (PHDG). 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.
| EFIV | PHDG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 0.56 | +0.51 |
Sortino ratioReturn per unit of downside risk | 1.62 | 0.78 | +0.84 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.12 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.61 | 0.74 | +0.86 |
Martin ratioReturn relative to average drawdown | 7.57 | 2.08 | +5.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| EFIV | PHDG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 0.56 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.75 | 0.36 | +0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.49 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 0.46 | +0.46 |
Correlation
The correlation between EFIV and PHDG is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
EFIV vs. PHDG - Dividend Comparison
EFIV's dividend yield for the trailing twelve months is around 1.08%, less than PHDG's 2.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFIV State Street SPDR S&P 500 ESG ETF | 1.08% | 1.03% | 1.20% | 1.37% | 1.64% | 1.19% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PHDG Invesco S&P 500 Downside Hedged ETF | 2.09% | 2.10% | 1.94% | 1.93% | 1.35% | 0.44% | 0.63% | 1.80% | 1.56% | 1.83% | 2.29% | 1.64% |
Drawdowns
EFIV vs. PHDG - Drawdown Comparison
The maximum EFIV drawdown since its inception was -24.52%, which is greater than PHDG's maximum drawdown of -17.70%. Use the drawdown chart below to compare losses from any high point for EFIV and PHDG.
Loading graphics...
Drawdown Indicators
| EFIV | PHDG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.52% | -17.70% | -6.82% |
Max Drawdown (1Y)Largest decline over 1 year | -12.50% | -9.08% | -3.42% |
Max Drawdown (5Y)Largest decline over 5 years | -24.52% | -17.06% | -7.46% |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.06% | — |
Current DrawdownCurrent decline from peak | -6.86% | -2.18% | -4.68% |
Average DrawdownAverage peak-to-trough decline | -4.92% | -6.32% | +1.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 3.26% | -0.61% |
Volatility
EFIV vs. PHDG - Volatility Comparison
State Street SPDR S&P 500 ESG ETF (EFIV) has a higher volatility of 5.18% compared to Invesco S&P 500 Downside Hedged ETF (PHDG) at 2.76%. This indicates that EFIV's price experiences larger fluctuations and is considered to be riskier than PHDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EFIV | PHDG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.18% | 2.76% | +2.42% |
Volatility (6M)Calculated over the trailing 6-month period | 9.22% | 6.33% | +2.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.16% | 10.61% | +7.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.94% | 10.91% | +6.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.96% | 11.89% | +5.07% |