HYLD.TO vs. ZSP.TO
Compare and contrast key facts about Hamilton Enhanced U.S. Covered Call ETF (HYLD.TO) and BMO S&P 500 Index ETF (ZSP.TO).
HYLD.TO and ZSP.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYLD.TO is an actively managed fund by Hamilton Capital. It was launched on Feb 4, 2022. ZSP.TO is a passively managed fund by BMO that tracks the performance of the S&P 500 Index. It was launched on Nov 14, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYLD.TO or ZSP.TO.
Correlation
The correlation between HYLD.TO and ZSP.TO 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
HYLD.TO vs. ZSP.TO - Performance Comparison
Key characteristics
HYLD.TO:
1.66
ZSP.TO:
2.60
HYLD.TO:
2.25
ZSP.TO:
3.61
HYLD.TO:
1.30
ZSP.TO:
1.48
HYLD.TO:
2.44
ZSP.TO:
4.00
HYLD.TO:
10.40
ZSP.TO:
18.31
HYLD.TO:
2.46%
ZSP.TO:
1.69%
HYLD.TO:
15.42%
ZSP.TO:
11.89%
HYLD.TO:
-31.38%
ZSP.TO:
-26.94%
HYLD.TO:
-0.11%
ZSP.TO:
-0.52%
Returns By Period
In the year-to-date period, HYLD.TO achieves a 4.98% return, which is significantly higher than ZSP.TO's 3.55% return.
HYLD.TO
4.98%
1.79%
9.47%
26.32%
N/A
N/A
ZSP.TO
3.55%
1.00%
15.00%
31.28%
16.18%
14.43%
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HYLD.TO vs. ZSP.TO - Expense Ratio Comparison
HYLD.TO has a 2.37% expense ratio, which is higher than ZSP.TO's 0.09% expense ratio.
Risk-Adjusted Performance
HYLD.TO vs. ZSP.TO — Risk-Adjusted Performance Rank
HYLD.TO
ZSP.TO
HYLD.TO vs. ZSP.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton Enhanced U.S. Covered Call ETF (HYLD.TO) and BMO S&P 500 Index ETF (ZSP.TO). 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
HYLD.TO vs. ZSP.TO - Dividend Comparison
HYLD.TO's dividend yield for the trailing twelve months is around 11.82%, more than ZSP.TO's 0.91% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYLD.TO Hamilton Enhanced U.S. Covered Call ETF | 11.82% | 12.13% | 12.11% | 13.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ZSP.TO BMO S&P 500 Index ETF | 0.91% | 0.94% | 1.33% | 1.44% | 1.15% | 1.45% | 1.48% | 1.64% | 1.64% | 2.20% | 1.54% | 1.46% |
Drawdowns
HYLD.TO vs. ZSP.TO - Drawdown Comparison
The maximum HYLD.TO drawdown since its inception was -31.38%, which is greater than ZSP.TO's maximum drawdown of -26.94%. Use the drawdown chart below to compare losses from any high point for HYLD.TO and ZSP.TO. For additional features, visit the drawdowns tool.
Volatility
HYLD.TO vs. ZSP.TO - Volatility Comparison
Hamilton Enhanced U.S. Covered Call ETF (HYLD.TO) has a higher volatility of 3.64% compared to BMO S&P 500 Index ETF (ZSP.TO) at 2.75%. This indicates that HYLD.TO's price experiences larger fluctuations and is considered to be riskier than ZSP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.