HDIVX vs. SPY
Compare and contrast key facts about Janus Henderson Dividend & Income Builder Fund (HDIVX) and State Street SPDR S&P 500 ETF (SPY).
HDIVX is managed by Janus Henderson. It was launched on Jul 31, 2012. 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.
Performance
HDIVX vs. SPY - Performance Comparison
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HDIVX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HDIVX Janus Henderson Dividend & Income Builder Fund | -0.71% | 29.24% | 8.84% | 18.06% | -8.70% | 11.73% | 5.20% | 18.85% | -9.07% | 17.78% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, HDIVX achieves a -0.71% return, which is significantly higher than SPY's -4.37% return. Over the past 10 years, HDIVX has underperformed SPY with an annualized return of 8.84%, while SPY has yielded a comparatively higher 13.98% annualized return.
HDIVX
- 1D
- 0.33%
- 1M
- -11.00%
- YTD
- -0.71%
- 6M
- 2.87%
- 1Y
- 19.41%
- 3Y*
- 14.93%
- 5Y*
- 10.16%
- 10Y*
- 8.84%
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
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HDIVX vs. SPY - Expense Ratio Comparison
HDIVX has a 0.95% expense ratio, which is higher than SPY's 0.09% expense ratio.
Return for Risk
HDIVX vs. SPY — Risk / Return Rank
HDIVX
SPY
HDIVX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Dividend & Income Builder Fund (HDIVX) and State Street 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.
| HDIVX | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.28 | 0.93 | +0.35 |
Sortino ratioReturn per unit of downside risk | 1.64 | 1.45 | +0.18 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.22 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.53 | 1.53 | +0.01 |
Martin ratioReturn relative to average drawdown | 5.75 | 7.30 | -1.55 |
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
| HDIVX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 0.93 | +0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 0.69 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.78 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.56 | +0.14 |
Correlation
The correlation between HDIVX and SPY is 0.79, 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.
Dividends
HDIVX vs. SPY - Dividend Comparison
HDIVX's dividend yield for the trailing twelve months is around 7.28%, more than SPY's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDIVX Janus Henderson Dividend & Income Builder Fund | 7.28% | 7.60% | 6.54% | 3.11% | 4.14% | 4.59% | 3.26% | 3.20% | 4.19% | 2.76% | 3.12% | 3.02% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
HDIVX vs. SPY - Drawdown Comparison
The maximum HDIVX drawdown since its inception was -28.56%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HDIVX and SPY.
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Drawdown Indicators
| HDIVX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.56% | -55.19% | +26.63% |
Max Drawdown (1Y)Largest decline over 1 year | -11.29% | -12.05% | +0.76% |
Max Drawdown (5Y)Largest decline over 5 years | -23.00% | -24.50% | +1.50% |
Max Drawdown (10Y)Largest decline over 10 years | -28.56% | -33.72% | +5.16% |
Current DrawdownCurrent decline from peak | -11.00% | -6.24% | -4.76% |
Average DrawdownAverage peak-to-trough decline | -3.80% | -9.09% | +5.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.01% | 2.52% | +0.49% |
Volatility
HDIVX vs. SPY - Volatility Comparison
Janus Henderson Dividend & Income Builder Fund (HDIVX) has a higher volatility of 6.45% compared to State Street SPDR S&P 500 ETF (SPY) at 5.31%. This indicates that HDIVX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HDIVX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.45% | 5.31% | +1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 9.78% | 9.47% | +0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.56% | 19.05% | -4.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.40% | 17.06% | -3.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.38% | 17.92% | -4.54% |