HDPMX vs. SPYG
Compare and contrast key facts about Hodges Fund (HDPMX) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG).
HDPMX is managed by Hodges. It was launched on Oct 9, 1992. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Performance
HDPMX vs. SPYG - Performance Comparison
Loading graphics...
HDPMX vs. SPYG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HDPMX Hodges Fund | -1.37% | 24.06% | 29.32% | 29.81% | -21.80% | 29.50% | 29.58% | 23.02% | -34.39% | 13.87% |
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | -6.91% | 22.09% | 35.99% | 30.02% | -29.41% | 32.01% | 33.46% | 30.84% | -0.12% | 27.24% |
Returns By Period
In the year-to-date period, HDPMX achieves a -1.37% return, which is significantly higher than SPYG's -6.91% return. Over the past 10 years, HDPMX has underperformed SPYG with an annualized return of 12.56%, while SPYG has yielded a comparatively higher 15.90% annualized return.
HDPMX
- 1D
- 4.12%
- 1M
- -8.51%
- YTD
- -1.37%
- 6M
- -0.05%
- 1Y
- 30.10%
- 3Y*
- 24.05%
- 5Y*
- 11.02%
- 10Y*
- 12.56%
SPYG
- 1D
- 1.32%
- 1M
- -4.24%
- YTD
- -6.91%
- 6M
- -5.21%
- 1Y
- 23.24%
- 3Y*
- 22.39%
- 5Y*
- 12.53%
- 10Y*
- 15.90%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HDPMX vs. SPYG - Expense Ratio Comparison
HDPMX has a 1.17% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Return for Risk
HDPMX vs. SPYG — Risk / Return Rank
HDPMX
SPYG
HDPMX vs. SPYG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hodges Fund (HDPMX) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.
| HDPMX | SPYG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 1.04 | -0.05 |
Sortino ratioReturn per unit of downside risk | 1.51 | 1.62 | -0.12 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.23 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.64 | 1.75 | -0.12 |
Martin ratioReturn relative to average drawdown | 7.04 | 6.81 | +0.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HDPMX | SPYG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 1.04 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.60 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.78 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.32 | +0.05 |
Correlation
The correlation between HDPMX and SPYG is 0.76, 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
HDPMX vs. SPYG - Dividend Comparison
HDPMX's dividend yield for the trailing twelve months is around 9.63%, more than SPYG's 0.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDPMX Hodges Fund | 9.63% | 9.50% | 15.93% | 0.72% | 0.49% | 0.00% | 0.00% | 0.00% | 10.67% | 7.26% | 0.00% | 1.04% |
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | 0.57% | 0.52% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.37% | 1.51% | 1.41% | 1.55% | 1.57% |
Drawdowns
HDPMX vs. SPYG - Drawdown Comparison
The maximum HDPMX drawdown since its inception was -69.66%, roughly equal to the maximum SPYG drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for HDPMX and SPYG.
Loading graphics...
Drawdown Indicators
| HDPMX | SPYG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.66% | -67.63% | -2.03% |
Max Drawdown (1Y)Largest decline over 1 year | -18.36% | -13.76% | -4.60% |
Max Drawdown (5Y)Largest decline over 5 years | -36.68% | -32.67% | -4.01% |
Max Drawdown (10Y)Largest decline over 10 years | -67.16% | -32.67% | -34.49% |
Current DrawdownCurrent decline from peak | -9.47% | -9.06% | -0.41% |
Average DrawdownAverage peak-to-trough decline | -15.82% | -24.48% | +8.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.27% | 3.55% | +0.72% |
Volatility
HDPMX vs. SPYG - Volatility Comparison
Hodges Fund (HDPMX) has a higher volatility of 9.77% compared to State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) at 7.32%. This indicates that HDPMX's price experiences larger fluctuations and is considered to be riskier than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HDPMX | SPYG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.77% | 7.32% | +2.45% |
Volatility (6M)Calculated over the trailing 6-month period | 17.75% | 12.90% | +4.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.81% | 22.42% | +9.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.61% | 21.13% | +8.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.34% | 20.57% | +9.77% |