Correlation
The correlation between FOJCY and SPHD is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
FOJCY vs. SPHD
Compare and contrast key facts about Fortum Oyj ADR (FOJCY) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD).
SPHD is a passively managed fund by Invesco that tracks the performance of the S&P Low Volatility High Dividend index. It was launched on Oct 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FOJCY or SPHD.
Performance
FOJCY vs. SPHD - Performance Comparison
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Key characteristics
FOJCY:
0.79
SPHD:
0.77
FOJCY:
1.42
SPHD:
1.14
FOJCY:
1.19
SPHD:
1.16
FOJCY:
0.63
SPHD:
0.87
FOJCY:
4.83
SPHD:
2.74
FOJCY:
6.08%
SPHD:
4.22%
FOJCY:
36.65%
SPHD:
14.70%
FOJCY:
-69.62%
SPHD:
-41.39%
FOJCY:
-26.09%
SPHD:
-6.61%
Returns By Period
In the year-to-date period, FOJCY achieves a 34.45% return, which is significantly higher than SPHD's -0.25% return. Both investments have delivered pretty close results over the past 10 years, with FOJCY having a 8.39% annualized return and SPHD not far behind at 8.10%.
FOJCY
34.45%
3.37%
27.05%
28.69%
5.65%
5.44%
8.39%
SPHD
-0.25%
0.41%
-6.61%
11.24%
3.95%
11.80%
8.10%
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Risk-Adjusted Performance
FOJCY vs. SPHD — Risk-Adjusted Performance Rank
FOJCY
SPHD
FOJCY vs. SPHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortum Oyj ADR (FOJCY) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). 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.
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Dividends
FOJCY vs. SPHD - Dividend Comparison
FOJCY's dividend yield for the trailing twelve months is around 13.09%, more than SPHD's 3.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOJCY Fortum Oyj ADR | 13.09% | 8.93% | 6.80% | 7.49% | 4.41% | 9.97% | 5.00% | 6.20% | 5.90% | 15.90% | 9.89% | 6.98% |
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 3.45% | 3.41% | 4.48% | 3.89% | 3.45% | 4.89% | 4.07% | 4.40% | 3.14% | 3.83% | 3.49% | 3.24% |
Drawdowns
FOJCY vs. SPHD - Drawdown Comparison
The maximum FOJCY drawdown since its inception was -69.62%, which is greater than SPHD's maximum drawdown of -41.39%. Use the drawdown chart below to compare losses from any high point for FOJCY and SPHD.
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Volatility
FOJCY vs. SPHD - Volatility Comparison
Fortum Oyj ADR (FOJCY) has a higher volatility of 11.65% compared to Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) at 4.31%. This indicates that FOJCY's price experiences larger fluctuations and is considered to be riskier than SPHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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