HAE vs. SPYD

Last updated Jun 4, 2026

HAE (Haemonetics Corporation) is a stock, while SPYD (State Street SPDR Portfolio S&P 500 High Dividend ETF) is S&P 500 fund tracking the S&P 500 High Dividend Index. Over the past 10 years, HAE returned 8.74%/yr vs 8.59%/yr for SPYD. At a 0.38 correlation, their price movements are largely independent.

Performance

HAE vs. SPYD - Performance Comparison

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

Returns By Period

In the year-to-date period, HAE achieves a -17.80% return, which is significantly lower than SPYD's 10.34% return. Both investments have delivered pretty close results over the past 10 years, with HAE having a 8.74% annualized return and SPYD not far behind at 8.59%.

HAE

• 1D: -0.74%
• 1M: 19.09%
• YTD: -17.80%
• 6M: -19.57%
• 1Y: -5.43%
• 3Y*: -9.24%
• 5Y*: 3.65%
• 10Y*: 8.74%

SPYD

• 1D: -0.44%
• 1M: 1.57%
• YTD: 10.34%
• 6M: 10.97%
• 1Y: 16.38%
• 3Y*: 14.37%
• 5Y*: 6.76%
• 10Y*: 8.59%

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

HAE vs. SPYD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HAE Haemonetics Corporation	-17.80%	2.65%	-8.69%	8.72%	48.28%	-55.33%	3.35%	14.84%	72.26%	44.48%
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF	10.34%	4.65%	15.34%	3.91%	-1.17%	32.73%	-11.64%	21.20%	-4.89%	12.67%

Correlation

The correlation between HAE and SPYD is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.38
Correlation (All Time) Calculated using the full available price history since Oct 23, 2015	0.38

Return for Risk

HAE vs. SPYD — Risk / Return Rank

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

HAE

HAE Risk / Return Rank: 36
HAE Sharpe Ratio Rank: 37
HAE Sortino Ratio Rank: 36
HAE Omega Ratio Rank: 37
HAE Calmar Ratio Rank: 36
HAE Martin Ratio Rank: 36

SPYD

SPYD Risk / Return Rank: 41
SPYD Sharpe Ratio Rank: 39
SPYD Sortino Ratio Rank: 42
SPYD Omega Ratio Rank: 36
SPYD Calmar Ratio Rank: 46
SPYD Martin Ratio Rank: 41

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.

HAE vs. SPYD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Haemonetics Corporation (HAE) 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.

	HAE	SPYD	Difference
Sharpe ratio Return per unit of total volatility	-0.10	1.42	-1.52
Sortino ratio Return per unit of downside risk	0.23	2.15	-1.92
Omega ratio Gain probability vs. loss probability	1.04	1.24	-0.20
Calmar ratio Return relative to maximum drawdown	-0.14	2.33	-2.47
Martin ratio Return relative to average drawdown	-0.21	6.77	-6.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HAE vs. SPYD - Sharpe Ratio Comparison

The current HAE Sharpe Ratio is -0.10, which is lower than the SPYD Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of HAE 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.

Sharpe Ratios by Period

	HAE	SPYD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.10	1.42	-1.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	0.42	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.44	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.47	-0.26

Drawdowns

HAE vs. SPYD - Drawdown Comparison

The maximum HAE drawdown since its inception was -68.62%, which is greater than SPYD's maximum drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for HAE and SPYD.

Drawdown Indicators

	HAE	SPYD	Difference
Max Drawdown Largest peak-to-trough decline	-68.62%	-46.42%	-22.20%
Max Drawdown (1Y) Largest decline over 1 year	-40.06%	-7.05%	-33.01%
Max Drawdown (3Y) Largest decline over 3 years	-51.04%	-16.13%	-34.91%
Max Drawdown (5Y) Largest decline over 5 years	-51.04%	-22.25%	-28.79%
Max Drawdown (10Y) Largest decline over 10 years	-68.62%	-46.42%	-22.20%
Current Drawdown Current decline from peak	-52.77%	-1.11%	-51.66%
Average Drawdown Average peak-to-trough decline	-23.85%	-6.17%	-17.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.55%	2.43%	+23.12%

Volatility

HAE vs. SPYD - Volatility Comparison

Haemonetics Corporation (HAE) has a higher volatility of 13.71% compared to State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) at 2.57%. This indicates that HAE'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.

Volatility by Period

	HAE	SPYD	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.71%	2.57%	+11.14%
Volatility (6M) Calculated over the trailing 6-month period	25.84%	7.71%	+18.13%
Volatility (1Y) Calculated over the trailing 1-year period	52.57%	11.62%	+40.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.79%	16.13%	+23.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.84%	19.78%	+20.06%

Dividends

HAE vs. SPYD - Dividend Comparison

HAE has not paid dividends to shareholders, while SPYD's dividend yield for the trailing twelve months is around 4.21%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HAE Haemonetics Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF	4.21%	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

Can I hold both HAE and SPYD in my portfolio?

HAE and SPYD have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HAE or SPYD?

HAE has higher volatility (13.71%) compared to SPYD (2.57%). In terms of maximum drawdown, HAE dropped -68.62% vs SPYD's -46.42%.

Which has better risk-adjusted returns?

SPYD currently has the higher Sharpe Ratio (1.42 vs -0.10), 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.