SHCDX vs. SPY
Compare and contrast key facts about Virtus Stone Harbor Emerg Mkts Corp Dbt (SHCDX) and SPDR S&P 500 ETF (SPY).
SHCDX is managed by Stone Harbor. It was launched on May 31, 2011. 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: SHCDX or SPY.
Correlation
The correlation between SHCDX and SPY is 0.22, 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
SHCDX vs. SPY - Performance Comparison
Key characteristics
SHCDX:
3.75
SPY:
1.97
SHCDX:
5.71
SPY:
2.64
SHCDX:
1.87
SPY:
1.36
SHCDX:
2.13
SPY:
2.97
SHCDX:
16.18
SPY:
12.34
SHCDX:
0.52%
SPY:
2.03%
SHCDX:
2.25%
SPY:
12.68%
SHCDX:
-26.24%
SPY:
-55.19%
SHCDX:
0.00%
SPY:
-0.01%
Returns By Period
In the year-to-date period, SHCDX achieves a 1.86% return, which is significantly lower than SPY's 4.03% return. Over the past 10 years, SHCDX has underperformed SPY with an annualized return of 4.34%, while SPY has yielded a comparatively higher 13.22% annualized return.
SHCDX
1.86%
1.47%
2.78%
8.12%
2.73%
4.34%
SPY
4.03%
2.85%
10.70%
23.01%
14.30%
13.22%
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SHCDX vs. SPY - Expense Ratio Comparison
SHCDX has a 1.02% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SHCDX vs. SPY — Risk-Adjusted Performance Rank
SHCDX
SPY
SHCDX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Stone Harbor Emerg Mkts Corp Dbt (SHCDX) 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
SHCDX vs. SPY - Dividend Comparison
SHCDX's dividend yield for the trailing twelve months is around 6.25%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHCDX Virtus Stone Harbor Emerg Mkts Corp Dbt | 6.25% | 6.30% | 5.73% | 5.52% | 4.65% | 5.28% | 4.72% | 6.08% | 4.10% | 5.44% | 5.04% | 4.81% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SHCDX vs. SPY - Drawdown Comparison
The maximum SHCDX drawdown since its inception was -26.24%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SHCDX and SPY. For additional features, visit the drawdowns tool.
Volatility
SHCDX vs. SPY - Volatility Comparison
The current volatility for Virtus Stone Harbor Emerg Mkts Corp Dbt (SHCDX) is 0.48%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.15%. This indicates that SHCDX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.