SETM vs. SPYD
Compare and contrast key facts about Sprott Energy Transition Materials ETF (SETM) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD).
SETM and SPYD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SETM is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Energy Transition Materials Select Index - AUD - Benchmark TR Gross. It was launched on Feb 1, 2023. SPYD is a passively managed fund by State Street that tracks the performance of the S&P 500 High Dividend Index. It was launched on Oct 21, 2015. Both SETM and SPYD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SETM or SPYD.
Correlation
The correlation between SETM and SPYD is 0.46, 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.
Performance
SETM vs. SPYD - Performance Comparison
Key characteristics
SETM:
-0.05
SPYD:
1.74
SETM:
0.16
SPYD:
2.38
SETM:
1.02
SPYD:
1.31
SETM:
-0.06
SPYD:
2.17
SETM:
-0.10
SPYD:
6.45
SETM:
16.49%
SPYD:
3.27%
SETM:
32.79%
SPYD:
12.14%
SETM:
-30.97%
SPYD:
-46.42%
SETM:
-22.90%
SPYD:
-4.32%
Returns By Period
In the year-to-date period, SETM achieves a 4.31% return, which is significantly higher than SPYD's 3.38% return.
SETM
4.31%
-3.74%
0.42%
0.96%
N/A
N/A
SPYD
3.38%
0.99%
3.96%
20.66%
7.55%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SETM vs. SPYD - Expense Ratio Comparison
SETM has a 0.65% expense ratio, which is higher than SPYD's 0.07% expense ratio.
Risk-Adjusted Performance
SETM vs. SPYD — Risk-Adjusted Performance Rank
SETM
SPYD
SETM vs. SPYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Energy Transition Materials ETF (SETM) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD). 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
SETM vs. SPYD - Dividend Comparison
SETM's dividend yield for the trailing twelve months is around 1.98%, less than SPYD's 4.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SETM Sprott Energy Transition Materials ETF | 1.98% | 2.07% | 2.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 4.17% | 4.31% | 4.66% | 5.01% | 3.69% | 4.96% | 4.42% | 4.75% | 4.64% | 4.34% | 1.13% |
Drawdowns
SETM vs. SPYD - Drawdown Comparison
The maximum SETM drawdown since its inception was -30.97%, smaller than the maximum SPYD drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for SETM and SPYD. For additional features, visit the drawdowns tool.
Volatility
SETM vs. SPYD - Volatility Comparison
Sprott Energy Transition Materials ETF (SETM) has a higher volatility of 9.46% compared to SPDR Portfolio S&P 500 High Dividend ETF (SPYD) at 3.11%. This indicates that SETM's price experiences larger fluctuations and is considered to be riskier than SPYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.