HDGYX vs. SPYD
Compare and contrast key facts about The Hartford Dividend and Growth Fund (HDGYX) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD).
HDGYX is managed by Hartford. It was launched on Jul 22, 1996. 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: HDGYX or SPYD.
Correlation
The correlation between HDGYX and SPYD is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HDGYX vs. SPYD - Performance Comparison
Key characteristics
HDGYX:
0.47
SPYD:
1.38
HDGYX:
0.63
SPYD:
1.93
HDGYX:
1.11
SPYD:
1.25
HDGYX:
0.46
SPYD:
1.77
HDGYX:
2.40
SPYD:
7.63
HDGYX:
2.47%
SPYD:
2.30%
HDGYX:
12.52%
SPYD:
12.68%
HDGYX:
-53.48%
SPYD:
-46.42%
HDGYX:
-12.04%
SPYD:
-7.51%
Returns By Period
In the year-to-date period, HDGYX achieves a 3.93% return, which is significantly lower than SPYD's 15.26% return.
HDGYX
3.93%
-10.04%
-4.57%
4.80%
6.62%
4.66%
SPYD
15.26%
-5.68%
10.33%
16.00%
6.87%
N/A
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HDGYX vs. SPYD - Expense Ratio Comparison
HDGYX has a 0.69% expense ratio, which is higher than SPYD's 0.07% expense ratio.
Risk-Adjusted Performance
HDGYX vs. SPYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Dividend and Growth Fund (HDGYX) 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.
Dividends
HDGYX vs. SPYD - Dividend Comparison
HDGYX's dividend yield for the trailing twelve months is around 1.64%, less than SPYD's 4.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDGYX The Hartford Dividend and Growth Fund | 1.64% | 1.49% | 1.54% | 1.19% | 1.62% | 1.67% | 2.07% | 1.70% | 1.78% | 1.98% | 1.78% | 1.74% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 4.31% | 4.66% | 5.01% | 3.69% | 4.96% | 4.42% | 4.75% | 4.64% | 4.34% | 1.13% | 0.00% | 0.00% |
Drawdowns
HDGYX vs. SPYD - Drawdown Comparison
The maximum HDGYX drawdown since its inception was -53.48%, which is greater than SPYD's maximum drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for HDGYX and SPYD. For additional features, visit the drawdowns tool.
Volatility
HDGYX vs. SPYD - Volatility Comparison
The Hartford Dividend and Growth Fund (HDGYX) has a higher volatility of 8.65% compared to SPDR Portfolio S&P 500 High Dividend ETF (SPYD) at 4.44%. This indicates that HDGYX'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.