SHDG vs. IVV
Compare and contrast key facts about Soundwatch Hedged Equity ETF (SHDG) and iShares Core S&P 500 ETF (IVV).
SHDG and IVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SHDG is an actively managed fund by SoundWatch Capital. It was launched on Nov 30, 2016. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHDG or IVV.
Correlation
The correlation between SHDG and IVV is 0.96, 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
SHDG vs. IVV - Performance Comparison
Key characteristics
SHDG:
2.02
IVV:
1.98
SHDG:
2.75
IVV:
2.65
SHDG:
1.38
IVV:
1.36
SHDG:
3.06
IVV:
2.98
SHDG:
12.52
IVV:
12.36
SHDG:
1.59%
IVV:
2.03%
SHDG:
9.82%
IVV:
12.68%
SHDG:
-8.69%
IVV:
-55.25%
SHDG:
-0.04%
IVV:
0.00%
Returns By Period
In the year-to-date period, SHDG achieves a 3.34% return, which is significantly lower than IVV's 4.08% return.
SHDG
3.34%
1.69%
7.93%
18.62%
N/A
N/A
IVV
4.08%
2.07%
9.71%
23.73%
14.33%
13.24%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SHDG vs. IVV - Expense Ratio Comparison
SHDG has a 0.53% expense ratio, which is higher than IVV's 0.03% expense ratio.
Risk-Adjusted Performance
SHDG vs. IVV — Risk-Adjusted Performance Rank
SHDG
IVV
SHDG vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Soundwatch Hedged Equity ETF (SHDG) and iShares Core S&P 500 ETF (IVV). 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
SHDG vs. IVV - Dividend Comparison
SHDG's dividend yield for the trailing twelve months is around 0.60%, less than IVV's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHDG Soundwatch Hedged Equity ETF | 0.60% | 0.62% | 1.24% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IVV iShares Core S&P 500 ETF | 1.25% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
Drawdowns
SHDG vs. IVV - Drawdown Comparison
The maximum SHDG drawdown since its inception was -8.69%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for SHDG and IVV. For additional features, visit the drawdowns tool.
Volatility
SHDG vs. IVV - Volatility Comparison
The current volatility for Soundwatch Hedged Equity ETF (SHDG) is 2.26%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.11%. This indicates that SHDG experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.