SDY vs. OSEA

Last updated Aug 6, 2026

SDY (SPDR S&P Dividend ETF) and OSEA (Harbor International Compounders ETF) are both exchange-traded funds - SDY is a Mid Cap Value Equities fund tracking the S&P High Yield Dividend Aristocrats Index, while OSEA is a Foreign Large Cap Equities fund actively managed by Harbor. SDY is passively managed, while OSEA is actively managed. Over the past 3 years, SDY returned 10.98%/yr vs 9.02%/yr for OSEA. Their 0.54 correlation means they have sometimes moved together and sometimes differently. SDY charges 0.35%/yr vs 0.55%/yr for OSEA.

Performance

SDY vs. OSEA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Dividend ETF (SDY) and Harbor International Compounders ETF (OSEA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDY achieves a 14.35% return, which is significantly higher than OSEA's 2.94% return.

SDY

• 1D: -0.06%
• 1M: 1.40%
• 6M: 4.24%
• YTD: 14.35%
• 1Y: 16.81%
• 3Y*: 10.98%
• 5Y*: 7.73%
• 10Y*: 9.43%
• ALL TIME*: 9.07%

OSEA

• 1D: 0.39%
• 1M: 1.82%
• 6M: 2.91%
• YTD: 2.94%
• 1Y: 10.75%
• 3Y*: 9.02%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.00%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
OSEA Harbor International Compounders ETF	$1.72M	$1.40M	$1.57M
SDY SPDR S&P Dividend ETF	$32.37M	$30.67M	$33.82M

SDY vs. OSEA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SDY SPDR S&P Dividend ETF	14.35%	8.18%	8.45%	2.61%	1.58%
OSEA Harbor International Compounders ETF	2.94%	18.49%	-0.73%	20.88%	10.14%

Correlation

The correlation between SDY and OSEA is 0.37, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.37
Correlation (3Y) Balances recent behavior with more history.	0.50
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022	0.54

The correlation between SDY and OSEA shifts across timeframes, from 0.37 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.

SDY vs. OSEA - Sectors Allocation Comparison

Sectors	SDY	OSEA
Industrials	17.5%	16.2%
Consumer Defensive	16.3%	9.6%
Utilities	14.2%	3.5%
Financial Services	12.6%	15.3%
Technology	10.3%	18.9%
Healthcare	7.9%	11.6%
Consumer Cyclical	5.9%	5.6%
Basic Materials	5.8%	5.3%
Real Estate	4.4%	-
Energy	2.8%	-
Communication Services	2.2%	3.1%

Return for Risk

SDY vs. OSEA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SDY

SDY Risk / Return Rank: 55
SDY Sharpe Ratio Rank: 57
SDY Sortino Ratio Rank: 64
SDY Omega Ratio Rank: 53
SDY Calmar Ratio Rank: 54
SDY Martin Ratio Rank: 46

OSEA

OSEA Risk / Return Rank: 27
OSEA Sharpe Ratio Rank: 26
OSEA Sortino Ratio Rank: 25
OSEA Omega Ratio Rank: 24
OSEA Calmar Ratio Rank: 27
OSEA Martin Ratio Rank: 31

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SDY vs. OSEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Dividend ETF (SDY) and Harbor International Compounders ETF (OSEA). 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.

	SDY	OSEA	Difference
Sharpe ratio: Return per unit of total volatility	1.57	0.69	+0.88
Sortino ratio: Return per unit of downside risk	2.41	1.06	+1.35
Omega ratio: Gain probability vs. loss probability	1.27	1.13	+0.15
Calmar ratio: Return relative to maximum drawdown	2.20	0.98	+1.23
Martin ratio: Return relative to average drawdown	5.92	3.18	+2.74

SDY vs. OSEA - Sharpe Ratio Comparison

The current SDY Sharpe Ratio is 1.57, which is higher than the OSEA Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of SDY and OSEA, 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

SDY vs. OSEA - Drawdown Comparison

The maximum SDY drawdown since its inception was -54.75%, which is greater than OSEA's maximum drawdown of -18.14%. Use the drawdown chart below to compare losses from any high point for SDY and OSEA.

Drawdown Indicators

	SDY	OSEA	Difference
Max Drawdown Largest peak-to-trough decline	-54.75%	-18.14%	-36.61%
Max Drawdown (1Y) Largest decline over 1 year	-7.67%	-11.08%	+3.41%
Max Drawdown (3Y) Largest decline over 3 years	-14.39%	-18.14%	+3.75%
Max Drawdown (5Y) Largest decline over 5 years	-15.21%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.70%	—	—
Current Drawdown Current decline from peak	-0.98%	-0.95%	-0.03%
Average Drawdown Average peak-to-trough decline	-6.17%	-3.84%	-2.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.85%	3.39%	-0.54%

Volatility

SDY vs. OSEA - Volatility Comparison

SPDR S&P Dividend ETF (SDY) and Harbor International Compounders ETF (OSEA) have volatilities of 4.13% and 4.16%, 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.

Volatility by Period

	SDY	OSEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	4.16%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	8.12%	12.95%	-4.83%
Volatility (1Y) Calculated over the trailing 1-year period	10.75%	15.63%	-4.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.01%	16.61%	-2.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.09%	16.61%	+0.48%

SDY vs. OSEA - Expense Ratio Comparison

SDY has a 0.35% expense ratio, which is lower than OSEA's 0.55% expense ratio.

Dividends

SDY vs. OSEA - Dividend Comparison

SDY's dividend yield for the trailing twelve months is around 2.37%, more than OSEA's 1.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OSEA Harbor International Compounders ETF	1.21%	1.24%	0.51%	0.65%	0.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SDY SPDR S&P Dividend ETF	2.37%	2.61%	2.56%	2.64%	2.55%	2.63%	2.85%	2.45%	2.73%	4.69%	3.30%	6.20%

Frequently Asked Questions

Can I hold both SDY and OSEA in my portfolio?

SDY and OSEA have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SDY or OSEA?

OSEA has higher volatility (4.16%) compared to SDY (4.13%). In terms of maximum drawdown, SDY dropped -54.75% vs OSEA's -18.14%.

Which ETF is better, SDY or OSEA?

On 3-year performance, SDY leads with 10.98% vs 9.02% for OSEA. On fees, SDY is cheaper at 0.35% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SDY or OSEA?

Over the 3-year period, SDY has performed better with a 10.98% return vs 9.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SDY or OSEA?

SDY is cheaper with a 0.35% expense ratio, compared with 0.55% for OSEA.

Which ETF pays a higher dividend yield, SDY or OSEA?

SDY has the higher dividend yield at 2.37%, compared with 1.21% for OSEA.

What is the main difference between SDY and OSEA?

SDY is categorized as Mid Cap Value Equities, while OSEA is Foreign Large Cap Equities. They also come from different issuers: State Street and Harbor. Their fees differ too: 0.35% for SDY and 0.55% for OSEA.

Which has better risk-adjusted returns?

SDY currently has the higher Sharpe Ratio (1.57 vs 0.69), 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.