HTAB vs. SPHY
Compare and contrast key facts about Hartford Schroders Tax-Aware Bond ETF (HTAB) and SPDR Portfolio High Yield Bond ETF (SPHY).
HTAB and SPHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HTAB is an actively managed fund by The Hartford. It was launched on Apr 18, 2018. SPHY is a passively managed fund by State Street that tracks the performance of the ICE BofAML US High Yield Index. It was launched on Jun 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HTAB or SPHY.
Correlation
The correlation between HTAB and SPHY is 0.08, 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
HTAB vs. SPHY - Performance Comparison
Key characteristics
HTAB:
0.37
SPHY:
1.50
HTAB:
0.53
SPHY:
2.19
HTAB:
1.07
SPHY:
1.32
HTAB:
0.41
SPHY:
1.73
HTAB:
1.35
SPHY:
9.24
HTAB:
1.83%
SPHY:
0.91%
HTAB:
6.76%
SPHY:
5.58%
HTAB:
-14.76%
SPHY:
-21.97%
HTAB:
-3.47%
SPHY:
-1.22%
Returns By Period
In the year-to-date period, HTAB achieves a -1.30% return, which is significantly lower than SPHY's 0.99% return.
HTAB
-1.30%
-1.36%
-1.03%
2.41%
0.64%
N/A
SPHY
0.99%
-0.27%
2.00%
8.48%
6.65%
4.50%
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HTAB vs. SPHY - Expense Ratio Comparison
HTAB has a 0.40% expense ratio, which is higher than SPHY's 0.10% expense ratio.
Risk-Adjusted Performance
HTAB vs. SPHY — Risk-Adjusted Performance Rank
HTAB
SPHY
HTAB vs. SPHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Schroders Tax-Aware Bond ETF (HTAB) and SPDR Portfolio High Yield Bond ETF (SPHY). 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
HTAB vs. SPHY - Dividend Comparison
HTAB's dividend yield for the trailing twelve months is around 3.80%, less than SPHY's 7.79% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HTAB Hartford Schroders Tax-Aware Bond ETF | 3.80% | 3.57% | 3.21% | 2.26% | 2.18% | 1.41% | 2.76% | 1.62% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHY SPDR Portfolio High Yield Bond ETF | 7.79% | 7.80% | 7.30% | 6.47% | 5.14% | 5.63% | 5.73% | 4.09% | 4.41% | 4.27% | 4.29% | 3.98% |
Drawdowns
HTAB vs. SPHY - Drawdown Comparison
The maximum HTAB drawdown since its inception was -14.76%, smaller than the maximum SPHY drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for HTAB and SPHY. For additional features, visit the drawdowns tool.
Volatility
HTAB vs. SPHY - Volatility Comparison
Hartford Schroders Tax-Aware Bond ETF (HTAB) and SPDR Portfolio High Yield Bond ETF (SPHY) have volatilities of 4.17% and 4.22%, 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.