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IYLD vs. SPHD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IYLD and SPHD is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

IYLD vs. SPHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Morningstar Multi-Asset Income ETF (IYLD) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
1.64%
9.77%
IYLD
SPHD

Key characteristics

Sharpe Ratio

IYLD:

0.66

SPHD:

1.73

Sortino Ratio

IYLD:

0.92

SPHD:

2.47

Omega Ratio

IYLD:

1.12

SPHD:

1.31

Calmar Ratio

IYLD:

0.38

SPHD:

1.95

Martin Ratio

IYLD:

2.69

SPHD:

9.73

Ulcer Index

IYLD:

1.34%

SPHD:

1.97%

Daily Std Dev

IYLD:

5.47%

SPHD:

11.13%

Max Drawdown

IYLD:

-30.23%

SPHD:

-41.39%

Current Drawdown

IYLD:

-4.89%

SPHD:

-6.98%

Returns By Period

In the year-to-date period, IYLD achieves a 1.96% return, which is significantly lower than SPHD's 17.32% return. Over the past 10 years, IYLD has underperformed SPHD with an annualized return of 2.28%, while SPHD has yielded a comparatively higher 8.05% annualized return.


IYLD

YTD

1.96%

1M

-2.06%

6M

1.38%

1Y

3.89%

5Y*

-0.30%

10Y*

2.28%

SPHD

YTD

17.32%

1M

-3.82%

6M

9.79%

1Y

19.21%

5Y*

6.20%

10Y*

8.05%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


IYLD vs. SPHD - Expense Ratio Comparison

IYLD has a 0.60% expense ratio, which is higher than SPHD's 0.30% expense ratio.


IYLD
iShares Morningstar Multi-Asset Income ETF
Expense ratio chart for IYLD: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for SPHD: current value at 0.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.30%

Risk-Adjusted Performance

IYLD vs. SPHD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Multi-Asset Income ETF (IYLD) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). 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.


Sharpe ratio
The chart of Sharpe ratio for IYLD, currently valued at 0.71, compared to the broader market0.002.004.000.711.73
The chart of Sortino ratio for IYLD, currently valued at 0.98, compared to the broader market-2.000.002.004.006.008.0010.000.982.47
The chart of Omega ratio for IYLD, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.001.131.31
The chart of Calmar ratio for IYLD, currently valued at 0.41, compared to the broader market0.005.0010.0015.000.411.95
The chart of Martin ratio for IYLD, currently valued at 2.84, compared to the broader market0.0020.0040.0060.0080.00100.002.849.73
IYLD
SPHD

The current IYLD Sharpe Ratio is 0.66, which is lower than the SPHD Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of IYLD and SPHD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.71
1.73
IYLD
SPHD

Dividends

IYLD vs. SPHD - Dividend Comparison

IYLD's dividend yield for the trailing twelve months is around 5.31%, more than SPHD's 3.13% yield.


TTM20232022202120202019201820172016201520142013
IYLD
iShares Morningstar Multi-Asset Income ETF
5.31%5.76%5.44%3.47%4.94%5.25%5.78%4.22%5.32%4.93%5.56%6.16%
SPHD
Invesco S&P 500® High Dividend Low Volatility ETF
3.13%4.48%3.89%3.46%4.89%4.07%4.40%3.14%3.83%3.49%3.24%3.68%

Drawdowns

IYLD vs. SPHD - Drawdown Comparison

The maximum IYLD drawdown since its inception was -30.23%, smaller than the maximum SPHD drawdown of -41.39%. Use the drawdown chart below to compare losses from any high point for IYLD and SPHD. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.89%
-6.98%
IYLD
SPHD

Volatility

IYLD vs. SPHD - Volatility Comparison

The current volatility for iShares Morningstar Multi-Asset Income ETF (IYLD) is 1.62%, while Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) has a volatility of 3.61%. This indicates that IYLD experiences smaller price fluctuations and is considered to be less risky than SPHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%JulyAugustSeptemberOctoberNovemberDecember
1.62%
3.61%
IYLD
SPHD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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