HCMKX vs. SPHD
Compare and contrast key facts about HCM Income Plus Fund (HCMKX) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD).
HCMKX is managed by Howard Capital Management. It was launched on Nov 8, 2016. 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.
Performance
HCMKX vs. SPHD - Performance Comparison
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HCMKX vs. SPHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HCMKX HCM Income Plus Fund | -6.85% | 15.06% | 32.19% | 20.68% | -24.98% | 8.97% | 39.45% | 14.64% | -4.75% | 5.72% |
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 4.26% | 3.41% | 18.08% | 1.32% | 0.58% | 24.98% | -9.98% | 20.26% | -6.17% | 10.80% |
Returns By Period
In the year-to-date period, HCMKX achieves a -6.85% return, which is significantly lower than SPHD's 4.26% return.
HCMKX
- 1D
- 1.27%
- 1M
- -5.37%
- YTD
- -6.85%
- 6M
- -5.50%
- 1Y
- 17.82%
- 3Y*
- 18.62%
- 5Y*
- 6.62%
- 10Y*
- —
SPHD
- 1D
- -0.36%
- 1M
- -5.48%
- YTD
- 4.26%
- 6M
- 1.88%
- 1Y
- 3.30%
- 3Y*
- 9.85%
- 5Y*
- 6.98%
- 10Y*
- 7.20%
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HCMKX vs. SPHD - Expense Ratio Comparison
HCMKX has a 2.10% expense ratio, which is higher than SPHD's 0.30% expense ratio.
Return for Risk
HCMKX vs. SPHD — Risk / Return Rank
HCMKX
SPHD
HCMKX vs. SPHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HCM Income Plus Fund (HCMKX) 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.
| HCMKX | SPHD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 0.23 | +0.88 |
Sortino ratioReturn per unit of downside risk | 1.59 | 0.42 | +1.17 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.05 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.58 | 0.25 | +1.33 |
Martin ratioReturn relative to average drawdown | 5.17 | 0.80 | +4.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HCMKX | SPHD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 0.23 | +0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.49 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.41 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.58 | +0.07 |
Correlation
The correlation between HCMKX and SPHD is 0.41, 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.
Dividends
HCMKX vs. SPHD - Dividend Comparison
HCMKX's dividend yield for the trailing twelve months is around 3.92%, less than SPHD's 4.32% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HCMKX HCM Income Plus Fund | 3.92% | 3.66% | 19.48% | 0.04% | 0.00% | 0.20% | 0.27% | 0.16% | 5.97% | 0.21% | 0.00% | 0.00% |
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 4.32% | 4.02% | 3.41% | 4.48% | 3.89% | 3.45% | 4.89% | 4.07% | 4.40% | 3.14% | 3.83% | 3.49% |
Drawdowns
HCMKX vs. SPHD - Drawdown Comparison
The maximum HCMKX drawdown since its inception was -28.43%, smaller than the maximum SPHD drawdown of -41.39%. Use the drawdown chart below to compare losses from any high point for HCMKX and SPHD.
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Drawdown Indicators
| HCMKX | SPHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.43% | -41.39% | +12.96% |
Max Drawdown (1Y)Largest decline over 1 year | -11.14% | -11.33% | +0.19% |
Max Drawdown (5Y)Largest decline over 5 years | -28.43% | -19.50% | -8.93% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.39% | — |
Current DrawdownCurrent decline from peak | -10.01% | -5.48% | -4.53% |
Average DrawdownAverage peak-to-trough decline | -7.13% | -4.70% | -2.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.40% | 3.53% | -0.13% |
Volatility
HCMKX vs. SPHD - Volatility Comparison
HCM Income Plus Fund (HCMKX) has a higher volatility of 5.41% compared to Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) at 3.15%. This indicates that HCMKX'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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Volatility by Period
| HCMKX | SPHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.41% | 3.15% | +2.26% |
Volatility (6M)Calculated over the trailing 6-month period | 12.41% | 7.86% | +4.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.55% | 14.46% | +2.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.30% | 14.20% | +1.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.99% | 17.65% | -3.66% |