HNASX vs. XLG
Compare and contrast key facts about Homestead Growth Fund (HNASX) and Invesco S&P 500® Top 50 ETF (XLG).
HNASX is managed by Homestead. It was launched on Jan 22, 2001. XLG is a passively managed fund by Invesco that tracks the performance of the Russell Top 50 Index. It was launched on May 10, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HNASX or XLG.
Key characteristics
| HNASX | XLG | |
|---|---|---|
| YTD Return | 22.10% | 23.06% |
| 1Y Return | 35.11% | 31.88% |
| 3Y Return (Ann) | 6.11% | 10.99% |
| 5Y Return (Ann) | 16.08% | 16.87% |
| 10Y Return (Ann) | 15.01% | 12.77% |
| Sharpe Ratio | 2.12 | 2.12 |
| Daily Std Dev | 16.34% | 14.93% |
| Max Drawdown | -53.78% | -53.81% |
| Current Drawdown | -2.89% | -3.65% |
Correlation
The correlation between HNASX and XLG is 0.89, 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
HNASX vs. XLG - Performance Comparison
The year-to-date returns for both investments are quite close, with HNASX having a 22.10% return and XLG slightly higher at 23.06%. Over the past 10 years, HNASX has outperformed XLG with an annualized return of 15.01%, while XLG has yielded a comparatively lower 12.77% annualized 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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HNASX vs. XLG - Expense Ratio Comparison
HNASX has a 0.84% expense ratio, which is higher than XLG's 0.20% expense ratio.
Risk-Adjusted Performance
HNASX vs. XLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Homestead Growth Fund (HNASX) and Invesco S&P 500® Top 50 ETF (XLG). 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
HNASX vs. XLG - Dividend Comparison
HNASX's dividend yield for the trailing twelve months is around 3.07%, more than XLG's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HNASX Homestead Growth Fund | 3.07% | 2.57% | 6.80% | 9.12% | 4.73% | 4.55% | 11.39% | 6.41% | 1.54% | 6.52% | 10.15% | 3.38% |
XLG Invesco S&P 500® Top 50 ETF | 0.59% | 0.97% | 1.34% | 0.94% | 1.25% | 1.58% | 2.00% | 1.85% | 2.00% | 2.09% | 1.97% | 1.97% |
Drawdowns
HNASX vs. XLG - Drawdown Comparison
The maximum HNASX drawdown since its inception was -53.78%, roughly equal to the maximum XLG drawdown of -53.81%. Use the drawdown chart below to compare losses from any high point for HNASX and XLG. For additional features, visit the drawdowns tool.
Volatility
HNASX vs. XLG - Volatility Comparison
Homestead Growth Fund (HNASX) and Invesco S&P 500® Top 50 ETF (XLG) have volatilities of 4.91% and 4.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.