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.
Key characteristics
| HDGYX | SPYD | |
|---|---|---|
| YTD Return | 16.52% | 20.54% |
| 1Y Return | 26.80% | 38.43% |
| 3Y Return (Ann) | 4.43% | 8.22% |
| 5Y Return (Ann) | 9.21% | 8.14% |
| Sharpe Ratio | 2.74 | 2.76 |
| Sortino Ratio | 3.73 | 3.93 |
| Omega Ratio | 1.51 | 1.50 |
| Calmar Ratio | 2.43 | 1.92 |
| Martin Ratio | 18.44 | 19.30 |
| Ulcer Index | 1.44% | 1.96% |
| Daily Std Dev | 9.72% | 13.73% |
| Max Drawdown | -53.48% | -46.42% |
| Current Drawdown | -0.31% | -1.00% |
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
In the year-to-date period, HDGYX achieves a 16.52% return, which is significantly lower than SPYD's 20.54% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 1.46%, less than SPYD's 4.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDGYX The Hartford Dividend and Growth Fund | 1.46% | 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 | 4.04% | 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 current volatility for The Hartford Dividend and Growth Fund (HDGYX) is 3.07%, while SPDR Portfolio S&P 500 High Dividend ETF (SPYD) has a volatility of 3.65%. This indicates that HDGYX experiences smaller price fluctuations and is considered to be less risky than SPYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.