HDAW vs. SPY
Compare and contrast key facts about Xtrackers MSCI All World ex US High Dividend Yield Equity ETF (HDAW) and SPDR S&P 500 ETF (SPY).
HDAW and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HDAW is a passively managed fund by Deutsche Bank that tracks the performance of the MSCI ACWI ex USA High Dividend Yield US Dollar Hedged Index. It was launched on Aug 12, 2015. 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. Both HDAW and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HDAW or SPY.
Correlation
The correlation between HDAW and SPY is 0.58, 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.
Performance
HDAW vs. SPY - Performance Comparison
Key characteristics
Returns By Period
HDAW
N/A
N/A
N/A
N/A
N/A
N/A
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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HDAW vs. SPY - Expense Ratio Comparison
HDAW has a 0.20% expense ratio, which is higher than SPY's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
HDAW vs. SPY — Risk-Adjusted Performance Rank
HDAW
SPY
HDAW vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI All World ex US High Dividend Yield Equity ETF (HDAW) 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
HDAW vs. SPY - Dividend Comparison
HDAW has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.15%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ETF | 2.68% | 2.68% | 4.85% | 1.35% | 4.84% | 4.27% | 3.95% | 4.02% | 4.09% | 1.42% | 0.11% | 0.00% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
HDAW vs. SPY - Drawdown Comparison
Volatility
HDAW vs. SPY - Volatility Comparison
The current volatility for Xtrackers MSCI All World ex US High Dividend Yield Equity ETF (HDAW) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.00%. This indicates that HDAW 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.