HSTIX vs. SPYG

Last updated Jun 23, 2026

HSTIX (Homestead Stock Index Fund) and SPYG (State Street SPDR Portfolio S&P 500 Growth ETF) are both funds - HSTIX is a Large Cap Blend Equities fund managed by Homestead, while SPYG is a S&P 500 fund tracking the S&P 500 Growth Index. Over the past 10 years, HSTIX returned 15.14%/yr vs 18.34%/yr for SPYG. Their correlation of 0.89 suggests significant overlap in exposure. HSTIX charges 0.50%/yr vs 0.04%/yr for SPYG.

Performance

HSTIX vs. SPYG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Homestead Stock Index Fund (HSTIX) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HSTIX achieves a 9.94% return, which is significantly lower than SPYG's 11.38% return. Over the past 10 years, HSTIX has underperformed SPYG with an annualized return of 15.14%, while SPYG has yielded a comparatively higher 18.34% annualized return.

HSTIX

• 1D: 1.09%
• 1M: 0.43%
• YTD: 9.94%
• 6M: 9.43%
• 1Y: 26.59%
• 3Y*: 20.91%
• 5Y*: 13.84%
• 10Y*: 15.14%

SPYG

• 1D: -0.71%
• 1M: 0.34%
• YTD: 11.38%
• 6M: 11.00%
• 1Y: 31.61%
• 3Y*: 26.51%
• 5Y*: 14.78%
• 10Y*: 18.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HSTIX vs. SPYG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HSTIX Homestead Stock Index Fund	9.94%	17.36%	24.40%	27.24%	-18.53%	28.07%	17.81%	30.77%	-4.98%	21.17%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	11.38%	22.09%	35.99%	30.02%	-29.41%	32.01%	33.46%	30.84%	-0.12%	27.24%

Correlation

The correlation between HSTIX and SPYG is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Oct 2, 2000	0.89

The correlation between HSTIX and SPYG has been stable across timeframes, ranging from 0.89 to 0.95 - a consistent structural relationship.

Return for Risk

HSTIX vs. SPYG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HSTIX

HSTIX Risk / Return Rank: 63
HSTIX Sharpe Ratio Rank: 61
HSTIX Sortino Ratio Rank: 56
HSTIX Omega Ratio Rank: 58
HSTIX Calmar Ratio Rank: 64
HSTIX Martin Ratio Rank: 75

SPYG

SPYG Risk / Return Rank: 54
SPYG Sharpe Ratio Rank: 57
SPYG Sortino Ratio Rank: 54
SPYG Omega Ratio Rank: 54
SPYG Calmar Ratio Rank: 48
SPYG Martin Ratio Rank: 54

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HSTIX vs. SPYG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Homestead Stock Index Fund (HSTIX) and State Street 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HSTIX	SPYG	Difference
Sharpe ratio: Return per unit of total volatility	2.12	1.86	+0.26
Sortino ratio: Return per unit of downside risk	2.87	2.53	+0.34
Omega ratio: Gain probability vs. loss probability	1.38	1.33	+0.06
Calmar ratio: Return relative to maximum drawdown	2.95	2.31	+0.64
Martin ratio: Return relative to average drawdown	13.29	9.21	+4.08

HSTIX vs. SPYG - Sharpe Ratio Comparison

The current HSTIX Sharpe Ratio is 2.12, which is comparable to the SPYG Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of HSTIX and SPYG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HSTIX vs. SPYG - Drawdown Comparison

The maximum HSTIX drawdown since its inception was -55.64%, smaller than the maximum SPYG drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for HSTIX and SPYG.

Drawdown Indicators

	HSTIX	SPYG	Difference
Max Drawdown Largest peak-to-trough decline	-55.64%	-67.63%	+11.99%
Max Drawdown (1Y) Largest decline over 1 year	-8.97%	-13.76%	+4.79%
Max Drawdown (3Y) Largest decline over 3 years	-18.79%	-22.14%	+3.35%
Max Drawdown (5Y) Largest decline over 5 years	-24.78%	-32.67%	+7.89%
Max Drawdown (10Y) Largest decline over 10 years	-33.82%	-32.67%	-1.15%
Current Drawdown Current decline from peak	-1.37%	-3.19%	+1.82%
Average Drawdown Average peak-to-trough decline	-11.56%	-24.28%	+12.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	3.44%	-1.45%

Volatility

HSTIX vs. SPYG - Volatility Comparison

The current volatility for Homestead Stock Index Fund (HSTIX) is 4.77%, while State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 6.83%. This indicates that HSTIX 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.

Volatility by Period

	HSTIX	SPYG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.77%	6.83%	-2.06%
Volatility (6M) Calculated over the trailing 6-month period	9.91%	13.72%	-3.81%
Volatility (1Y) Calculated over the trailing 1-year period	12.47%	17.11%	-4.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.02%	21.34%	-4.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.10%	20.74%	-2.64%

HSTIX vs. SPYG - Expense Ratio Comparison

HSTIX has a 0.50% expense ratio, which is higher than SPYG's 0.04% expense ratio.

Dividends

HSTIX vs. SPYG - Dividend Comparison

HSTIX's dividend yield for the trailing twelve months is around 1.66%, more than SPYG's 0.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HSTIX Homestead Stock Index Fund	1.66%	1.82%	1.08%	2.49%	1.91%	2.13%	1.40%	1.98%	1.98%	0.89%	1.51%	1.66%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	0.60%	0.52%	0.60%	1.15%	1.03%	0.62%	0.90%	1.37%	1.51%	1.41%	1.55%	1.57%

Frequently Asked Questions

Can I hold both HSTIX and SPYG in my portfolio?

With a correlation of 0.93, HSTIX and SPYG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, HSTIX or SPYG?

SPYG has higher volatility (6.83%) compared to HSTIX (4.77%). In terms of maximum drawdown, HSTIX dropped -55.64% vs SPYG's -67.63%.

Which has better risk-adjusted returns?

HSTIX currently has the higher Sharpe Ratio (2.12 vs 1.86), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.