HKND vs. SPYG
Compare and contrast key facts about Humankind US Stock ETF (HKND) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
HKND and SPYG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HKND is a passively managed fund by Humankind that tracks the performance of the Humankind US Equity Index. It was launched on Feb 24, 2021. 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. Both HKND and SPYG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HKND or SPYG.
Key characteristics
| HKND | SPYG | |
|---|---|---|
| YTD Return | 7.31% | 13.74% |
| 1Y Return | 16.84% | 32.75% |
| 3Y Return (Ann) | 6.22% | 8.98% |
| Sharpe Ratio | 1.70 | 2.38 |
| Daily Std Dev | 10.07% | 13.86% |
| Max Drawdown | -19.01% | -67.79% |
| Current Drawdown | -0.63% | 0.00% |
Correlation
The correlation between HKND and SPYG is 0.78, 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
HKND vs. SPYG - Performance Comparison
In the year-to-date period, HKND achieves a 7.31% return, which is significantly lower than SPYG's 13.74% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HKND vs. SPYG - Expense Ratio Comparison
HKND has a 0.11% expense ratio, which is higher than SPYG's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
HKND vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Humankind US Stock ETF (HKND) and 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.
Dividends
HKND vs. SPYG - Dividend Comparison
HKND's dividend yield for the trailing twelve months is around 1.62%, more than SPYG's 0.92% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HKND Humankind US Stock ETF | 1.62% | 1.74% | 1.76% | 1.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.92% | 1.15% | 1.03% | 0.62% | 0.90% | 1.37% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
Drawdowns
HKND vs. SPYG - Drawdown Comparison
The maximum HKND drawdown since its inception was -19.01%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for HKND and SPYG. For additional features, visit the drawdowns tool.
Volatility
HKND vs. SPYG - Volatility Comparison
The current volatility for Humankind US Stock ETF (HKND) is 2.56%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.06%. This indicates that HKND experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.