HG vs. SPHY
Compare and contrast key facts about Hamilton Insurance Group Ltd. (HG) and SPDR Portfolio High Yield Bond ETF (SPHY).
SPHY is a passively managed fund by State Street that tracks the performance of the ICE BofAML US High Yield Index. It was launched on Jun 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HG or SPHY.
Correlation
The correlation between HG and SPHY is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HG vs. SPHY - Performance Comparison
Key characteristics
HG:
0.78
SPHY:
2.62
HG:
1.39
SPHY:
3.85
HG:
1.16
SPHY:
1.50
HG:
1.27
SPHY:
4.51
HG:
3.65
SPHY:
18.69
HG:
7.36%
SPHY:
0.55%
HG:
34.37%
SPHY:
3.95%
HG:
-21.07%
SPHY:
-21.97%
HG:
-10.85%
SPHY:
0.00%
Returns By Period
In the year-to-date period, HG achieves a -4.62% return, which is significantly lower than SPHY's 1.93% return.
HG
-4.62%
-8.10%
-5.42%
27.46%
N/A
N/A
SPHY
1.93%
0.65%
4.25%
10.42%
4.46%
4.62%
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Risk-Adjusted Performance
HG vs. SPHY — Risk-Adjusted Performance Rank
HG
SPHY
HG vs. SPHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton Insurance Group Ltd. (HG) and SPDR Portfolio High Yield Bond ETF (SPHY). 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
HG vs. SPHY - Dividend Comparison
HG has not paid dividends to shareholders, while SPHY's dividend yield for the trailing twelve months is around 7.67%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HG Hamilton Insurance Group Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHY SPDR Portfolio High Yield Bond ETF | 7.67% | 7.80% | 7.30% | 6.46% | 5.13% | 5.63% | 5.73% | 4.09% | 4.41% | 4.28% | 4.29% | 3.98% |
Drawdowns
HG vs. SPHY - Drawdown Comparison
The maximum HG drawdown since its inception was -21.07%, roughly equal to the maximum SPHY drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for HG and SPHY. For additional features, visit the drawdowns tool.
Volatility
HG vs. SPHY - Volatility Comparison
Hamilton Insurance Group Ltd. (HG) has a higher volatility of 6.81% compared to SPDR Portfolio High Yield Bond ETF (SPHY) at 0.83%. This indicates that HG's price experiences larger fluctuations and is considered to be riskier than SPHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.