HTHIY vs. SPY
Compare and contrast key facts about Hitachi Ltd ADR (HTHIY) and SPDR S&P 500 ETF (SPY).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HTHIY or SPY.
Correlation
The correlation between HTHIY and SPY is 0.28, 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
HTHIY vs. SPY - Performance Comparison
Key characteristics
HTHIY:
1.90
SPY:
2.17
HTHIY:
2.40
SPY:
2.88
HTHIY:
1.34
SPY:
1.40
HTHIY:
3.60
SPY:
3.26
HTHIY:
13.29
SPY:
14.09
HTHIY:
6.02%
SPY:
1.95%
HTHIY:
42.18%
SPY:
12.64%
HTHIY:
-83.83%
SPY:
-55.19%
HTHIY:
-8.88%
SPY:
-2.83%
Returns By Period
In the year-to-date period, HTHIY achieves a 2.75% return, which is significantly higher than SPY's 0.44% return. Over the past 10 years, HTHIY has outperformed SPY with an annualized return of 22.58%, while SPY has yielded a comparatively lower 13.15% annualized return.
HTHIY
2.75%
-6.22%
6.71%
79.73%
31.45%
22.58%
SPY
0.44%
-2.83%
6.59%
25.62%
14.26%
13.15%
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Risk-Adjusted Performance
HTHIY vs. SPY — Risk-Adjusted Performance Rank
HTHIY
SPY
HTHIY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hitachi Ltd ADR (HTHIY) 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
HTHIY vs. SPY - Dividend Comparison
HTHIY's dividend yield for the trailing twelve months is around 0.51%, less than SPY's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HTHIY Hitachi Ltd ADR | 0.51% | 0.52% | 1.49% | 1.98% | 5.60% | 11.92% | 10.22% | 13.45% | 8.07% | 9.93% | 8.43% | 6.96% |
SPY SPDR S&P 500 ETF | 1.20% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
HTHIY vs. SPY - Drawdown Comparison
The maximum HTHIY drawdown since its inception was -83.83%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HTHIY and SPY. For additional features, visit the drawdowns tool.
Volatility
HTHIY vs. SPY - Volatility Comparison
Hitachi Ltd ADR (HTHIY) has a higher volatility of 6.28% compared to SPDR S&P 500 ETF (SPY) at 4.49%. This indicates that HTHIY'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.