EQIN vs. SPYV

Last updated Jun 24, 2026

EQIN (Columbia U.S. Equity Income ETF) and SPYV (SPDR Portfolio S&P 500 Value ETF) are both exchange-traded funds - EQIN is a Large Cap Value Equities fund actively managed by Columbia, while SPYV is a S&P 500 fund tracking the S&P 500 Value Index. EQIN is actively managed, while SPYV is passively managed. Over the past 10 years, EQIN returned 12.50%/yr vs 12.11%/yr for SPYV. Their correlation of 0.81 suggests significant overlap in exposure. EQIN charges 0.35%/yr vs 0.04%/yr for SPYV.

Performance

EQIN vs. SPYV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia U.S. Equity Income ETF (EQIN) and SPDR Portfolio S&P 500 Value ETF (SPYV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EQIN achieves a 9.64% return, which is significantly higher than SPYV's 7.47% return. Both investments have delivered pretty close results over the past 10 years, with EQIN having a 12.50% annualized return and SPYV not far behind at 12.11%.

EQIN

• 1D: 0.74%
• 1M: 2.08%
• YTD: 9.64%
• 6M: 8.95%
• 1Y: 18.62%
• 3Y*: 15.26%
• 5Y*: 10.50%
• 10Y*: 12.50%

SPYV

• 1D: -0.28%
• 1M: -0.41%
• YTD: 7.47%
• 6M: 6.91%
• 1Y: 20.05%
• 3Y*: 15.17%
• 5Y*: 11.21%
• 10Y*: 12.11%

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

EQIN vs. SPYV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EQIN Columbia U.S. Equity Income ETF	9.64%	9.37%	13.82%	11.58%	0.66%	31.18%	0.67%	30.67%	-12.22%	20.05%
SPYV SPDR Portfolio S&P 500 Value ETF	7.47%	13.18%	12.24%	22.20%	-5.28%	24.91%	1.38%	31.70%	-9.01%	15.40%

Correlation

The correlation between EQIN and SPYV is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.81
Correlation (All Time) Calculated using the full available price history since Jun 17, 2016	0.81

The correlation between EQIN and SPYV has been stable across timeframes, ranging from 0.81 to 0.90 - a consistent structural relationship.

EQIN vs. SPYV - Sectors Allocation Comparison

Sectors	EQIN	SPYV
Financial Services	27.1%	14.5%
Energy	13.3%	7.0%
Industrials	13.1%	10.5%
Consumer Defensive	11.7%	8.9%
Technology	9.7%	22.4%
Consumer Cyclical	7.8%	11.1%
Communication Services	6.2%	3.2%
Healthcare	5.1%	11.5%
Utilities	3.7%	4.3%
Basic Materials	2.2%	3.3%
Real Estate	-	3.4%

Return for Risk

EQIN vs. SPYV — Risk / Return Rank

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

EQIN

EQIN Risk / Return Rank: 63
EQIN Sharpe Ratio Rank: 59
EQIN Sortino Ratio Rank: 63
EQIN Omega Ratio Rank: 55
EQIN Calmar Ratio Rank: 74
EQIN Martin Ratio Rank: 63

SPYV

SPYV Risk / Return Rank: 65
SPYV Sharpe Ratio Rank: 64
SPYV Sortino Ratio Rank: 64
SPYV Omega Ratio Rank: 62
SPYV Calmar Ratio Rank: 67
SPYV Martin Ratio Rank: 69

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.

EQIN vs. SPYV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia U.S. Equity Income ETF (EQIN) and SPDR Portfolio S&P 500 Value ETF (SPYV). 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.

	EQIN	SPYV	Difference
Sharpe ratio: Return per unit of total volatility	1.80	2.02	-0.22
Sortino ratio: Return per unit of downside risk	2.65	2.84	-0.19
Omega ratio: Gain probability vs. loss probability	1.31	1.36	-0.05
Calmar ratio: Return relative to maximum drawdown	3.46	3.24	+0.22
Martin ratio: Return relative to average drawdown	10.30	12.32	-2.02

EQIN vs. SPYV - Sharpe Ratio Comparison

The current EQIN Sharpe Ratio is 1.80, which is comparable to the SPYV Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of EQIN and SPYV, 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

EQIN vs. SPYV - Drawdown Comparison

The maximum EQIN drawdown since its inception was -42.16%, smaller than the maximum SPYV drawdown of -58.45%. Use the drawdown chart below to compare losses from any high point for EQIN and SPYV.

Drawdown Indicators

	EQIN	SPYV	Difference
Max Drawdown Largest peak-to-trough decline	-42.16%	-58.45%	+16.29%
Max Drawdown (1Y) Largest decline over 1 year	-5.41%	-6.22%	+0.81%
Max Drawdown (3Y) Largest decline over 3 years	-12.05%	-17.54%	+5.49%
Max Drawdown (5Y) Largest decline over 5 years	-18.51%	-17.89%	-0.62%
Max Drawdown (10Y) Largest decline over 10 years	-42.16%	-36.89%	-5.27%
Current Drawdown Current decline from peak	-0.91%	-1.24%	+0.33%
Average Drawdown Average peak-to-trough decline	-4.87%	-8.70%	+3.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.81%	1.63%	+0.18%

Volatility

EQIN vs. SPYV - Volatility Comparison

The current volatility for Columbia U.S. Equity Income ETF (EQIN) is 2.75%, while SPDR Portfolio S&P 500 Value ETF (SPYV) has a volatility of 2.90%. This indicates that EQIN experiences smaller price fluctuations and is considered to be less risky than SPYV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQIN	SPYV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.75%	2.90%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	7.60%	7.33%	+0.27%
Volatility (1Y) Calculated over the trailing 1-year period	10.40%	9.97%	+0.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.61%	14.38%	+0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.59%	16.93%	+1.66%

EQIN vs. SPYV - Expense Ratio Comparison

EQIN has a 0.35% expense ratio, which is higher than SPYV's 0.04% expense ratio.

Dividends

EQIN vs. SPYV - Dividend Comparison

EQIN's dividend yield for the trailing twelve months is around 1.88%, more than SPYV's 1.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQIN Columbia U.S. Equity Income ETF	1.88%	2.05%	4.34%	2.41%	2.71%	2.57%	2.54%	2.70%	7.81%	11.52%	2.44%	0.00%
SPYV SPDR Portfolio S&P 500 Value ETF	1.73%	1.77%	2.29%	1.75%	2.22%	2.10%	2.38%	2.25%	2.97%	2.77%	2.39%	2.53%

Frequently Asked Questions

Can I hold both EQIN and SPYV in my portfolio?

EQIN and SPYV have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EQIN or SPYV?

SPYV has higher volatility (2.90%) compared to EQIN (2.75%). In terms of maximum drawdown, EQIN dropped -42.16% vs SPYV's -58.45%.

Which ETF is better, EQIN or SPYV?

On 10-year performance, EQIN leads with 12.50% vs 12.11% for SPYV. On fees, SPYV is cheaper at 0.04% per year. On volatility, EQIN has been the lower-risk option at 2.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EQIN or SPYV?

Over the 10-year period, EQIN has performed better with a 12.50% return vs 12.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EQIN or SPYV?

SPYV is cheaper with a 0.04% expense ratio, compared with 0.35% for EQIN.

Which ETF pays a higher dividend yield, EQIN or SPYV?

EQIN has the higher dividend yield at 1.88%, compared with 1.73% for SPYV.

What is the main difference between EQIN and SPYV?

EQIN is categorized as Large Cap Value Equities, while SPYV is S&P 500. They also come from different issuers: Columbia and State Street. Their fees differ too: 0.35% for EQIN and 0.04% for SPYV.

Which has better risk-adjusted returns?

SPYV currently has the higher Sharpe Ratio (2.02 vs 1.80), 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.