HIDE vs. SPY
Compare and contrast key facts about Alpha Architect High Inflation And Deflation ETF (HIDE) and SPDR S&P 500 ETF (SPY).
HIDE and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HIDE is an actively managed fund by Alpha Architect. It was launched on Nov 16, 2022. 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: HIDE or SPY.
Correlation
The correlation between HIDE and SPY is 0.32, 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
HIDE vs. SPY - Performance Comparison
Key characteristics
HIDE:
0.38
SPY:
0.72
HIDE:
0.55
SPY:
1.13
HIDE:
1.07
SPY:
1.17
HIDE:
0.40
SPY:
0.76
HIDE:
1.00
SPY:
3.04
HIDE:
2.07%
SPY:
4.72%
HIDE:
5.50%
SPY:
20.06%
HIDE:
-5.15%
SPY:
-55.19%
HIDE:
-2.67%
SPY:
-7.25%
Returns By Period
In the year-to-date period, HIDE achieves a 1.12% return, which is significantly higher than SPY's -3.01% return.
HIDE
1.12%
-1.43%
0.13%
1.98%
N/A
N/A
SPY
-3.01%
5.60%
-0.12%
12.26%
16.60%
12.50%
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HIDE vs. SPY - Expense Ratio Comparison
HIDE has a 0.29% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
HIDE vs. SPY — Risk-Adjusted Performance Rank
HIDE
SPY
HIDE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alpha Architect High Inflation And Deflation ETF (HIDE) 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
HIDE vs. SPY - Dividend Comparison
HIDE's dividend yield for the trailing twelve months is around 2.83%, more than SPY's 1.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HIDE Alpha Architect High Inflation And Deflation ETF | 2.83% | 2.86% | 3.90% | 6.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.26% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
HIDE vs. SPY - Drawdown Comparison
The maximum HIDE drawdown since its inception was -5.15%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HIDE and SPY. For additional features, visit the drawdowns tool.
Volatility
HIDE vs. SPY - Volatility Comparison
The current volatility for Alpha Architect High Inflation And Deflation ETF (HIDE) is 3.27%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.07%. This indicates that HIDE experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.