HOMZ vs. SPY
Compare and contrast key facts about Hoya Capital Housing ETF (HOMZ) and SPDR S&P 500 ETF (SPY).
HOMZ and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HOMZ is a passively managed fund by Pettee Investors that tracks the performance of the Hoya Capital Housing 100 Index. It was launched on Mar 19, 2019. 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. Both HOMZ and SPY 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: HOMZ or SPY.
Key characteristics
| HOMZ | SPY | |
|---|---|---|
| YTD Return | 5.01% | 9.93% |
| 1Y Return | 27.59% | 28.39% |
| 3Y Return (Ann) | 5.00% | 9.37% |
| 5Y Return (Ann) | 13.69% | 14.68% |
| Sharpe Ratio | 1.35 | 2.46 |
| Daily Std Dev | 19.98% | 11.52% |
| Max Drawdown | -48.10% | -55.19% |
| Current Drawdown | -1.78% | -0.43% |
Correlation
The correlation between HOMZ and SPY is 0.80, 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
HOMZ vs. SPY - Performance Comparison
In the year-to-date period, HOMZ achieves a 5.01% return, which is significantly lower than SPY's 9.93% 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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HOMZ vs. SPY - Expense Ratio Comparison
HOMZ has a 0.30% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
HOMZ vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hoya Capital Housing ETF (HOMZ) 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
HOMZ vs. SPY - Dividend Comparison
HOMZ's dividend yield for the trailing twelve months is around 2.06%, more than SPY's 1.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HOMZ Hoya Capital Housing ETF | 2.06% | 2.08% | 2.03% | 1.19% | 3.17% | 1.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.29% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
HOMZ vs. SPY - Drawdown Comparison
The maximum HOMZ drawdown since its inception was -48.10%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HOMZ and SPY. For additional features, visit the drawdowns tool.
Volatility
HOMZ vs. SPY - Volatility Comparison
Hoya Capital Housing ETF (HOMZ) has a higher volatility of 4.61% compared to SPDR S&P 500 ETF (SPY) at 3.62%. This indicates that HOMZ's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.