Correlation
The correlation between HAE and SPYD is 0.46, 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.
HAE vs. SPYD
Compare and contrast key facts about Haemonetics Corporation (HAE) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD).
SPYD is a passively managed fund by State Street that tracks the performance of the S&P 500 High Dividend Index. It was launched on Oct 21, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HAE or SPYD.
Performance
HAE vs. SPYD - Performance Comparison
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Key characteristics
HAE:
-0.55
SPYD:
0.70
HAE:
-0.77
SPYD:
1.04
HAE:
0.90
SPYD:
1.14
HAE:
-0.40
SPYD:
0.68
HAE:
-1.12
SPYD:
2.08
HAE:
21.38%
SPYD:
5.29%
HAE:
36.76%
SPYD:
15.78%
HAE:
-68.62%
SPYD:
-46.42%
HAE:
-51.46%
SPYD:
-8.20%
Returns By Period
In the year-to-date period, HAE achieves a -13.28% return, which is significantly lower than SPYD's -0.81% return.
HAE
-13.28%
7.44%
-22.59%
-20.01%
2.29%
-9.20%
4.83%
SPYD
-0.81%
1.43%
-8.16%
11.00%
2.97%
13.74%
N/A
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Risk-Adjusted Performance
HAE vs. SPYD — Risk-Adjusted Performance Rank
HAE
SPYD
HAE vs. SPYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Haemonetics Corporation (HAE) and 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.
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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 4.50%.
| TTM | 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% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 4.50% | 4.31% | 4.66% | 5.01% | 3.69% | 4.96% | 4.42% | 4.75% | 4.64% | 4.34% | 1.13% |
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.
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Volatility
HAE vs. SPYD - Volatility Comparison
Haemonetics Corporation (HAE) has a higher volatility of 8.93% compared to SPDR Portfolio S&P 500 High Dividend ETF (SPYD) at 4.59%. 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.
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