GDVD vs. SPY
Compare and contrast key facts about Copper Place Global Dividend Growth ETF (GDVD) and SPDR S&P 500 ETF (SPY).
GDVD and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GDVD is an actively managed fund by Global X. It was launched on Mar 30, 2022. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDVD or SPY.
Correlation
The correlation between GDVD and SPY is 0.02, 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.
Performance
GDVD vs. SPY - Performance Comparison
Key characteristics
Returns By Period
GDVD
N/A
N/A
N/A
N/A
N/A
N/A
SPY
4.03%
2.03%
10.70%
23.63%
14.37%
13.24%
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GDVD vs. SPY - Expense Ratio Comparison
GDVD has a 0.88% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
GDVD vs. SPY — Risk-Adjusted Performance Rank
GDVD
SPY
GDVD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Copper Place Global Dividend Growth ETF (GDVD) and SPDR S&P 500 ETF (SPY). 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
GDVD vs. SPY - Dividend Comparison
GDVD has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDVD Copper Place Global Dividend Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GDVD vs. SPY - Drawdown Comparison
Volatility
GDVD vs. SPY - Volatility Comparison
The current volatility for Copper Place Global Dividend Growth ETF (GDVD) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.15%. This indicates that GDVD experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.