HDIVX vs. SPY
Compare and contrast key facts about Janus Henderson Dividend & Income Builder Fund (HDIVX) and 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HDIVX or SPY.
Correlation
The correlation between HDIVX and SPY is 0.80, 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
HDIVX vs. SPY - Performance Comparison
Key characteristics
HDIVX:
0.61
SPY:
2.22
HDIVX:
0.88
SPY:
2.95
HDIVX:
1.12
SPY:
1.41
HDIVX:
0.67
SPY:
3.32
HDIVX:
1.99
SPY:
14.42
HDIVX:
3.78%
SPY:
1.93%
HDIVX:
12.36%
SPY:
12.58%
HDIVX:
-28.56%
SPY:
-55.19%
HDIVX:
-9.77%
SPY:
-2.28%
Returns By Period
In the year-to-date period, HDIVX achieves a 1.44% return, which is significantly higher than SPY's 1.00% return. Over the past 10 years, HDIVX has underperformed SPY with an annualized return of 6.06%, while SPY has yielded a comparatively higher 13.46% annualized return.
HDIVX
1.44%
-6.93%
-6.02%
7.52%
5.89%
6.06%
SPY
1.00%
-2.26%
7.41%
28.30%
14.67%
13.46%
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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.
Risk-Adjusted Performance
HDIVX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Dividend & Income Builder Fund (HDIVX) 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
HDIVX vs. SPY - Dividend Comparison
HDIVX's dividend yield for the trailing twelve months is around 2.37%, more than SPY's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDIVX Janus Henderson Dividend & Income Builder Fund | 2.37% | 2.40% | 3.10% | 4.14% | 3.30% | 3.26% | 3.20% | 3.27% | 2.76% | 3.12% | 3.03% | 2.96% |
SPY SPDR S&P 500 ETF | 1.19% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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. For additional features, visit the drawdowns tool.
Volatility
HDIVX vs. SPY - Volatility Comparison
Janus Henderson Dividend & Income Builder Fund (HDIVX) has a higher volatility of 5.53% compared to SPDR S&P 500 ETF (SPY) at 4.31%. 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.