SHMDX vs. SPLG
Compare and contrast key facts about Virtus Stone Harbor Emerging Mkts Debt (SHMDX) and SPDR Portfolio S&P 500 ETF (SPLG).
SHMDX is managed by Stone Harbor. It was launched on Aug 15, 2007. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHMDX or SPLG.
Correlation
The correlation between SHMDX and SPLG is 0.35, 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
SHMDX vs. SPLG - Performance Comparison
Key characteristics
SHMDX:
2.42
SPLG:
1.89
SHMDX:
3.70
SPLG:
2.54
SHMDX:
1.47
SPLG:
1.35
SHMDX:
0.96
SPLG:
2.83
SHMDX:
11.05
SPLG:
11.76
SHMDX:
1.03%
SPLG:
2.03%
SHMDX:
4.71%
SPLG:
12.61%
SHMDX:
-33.45%
SPLG:
-54.52%
SHMDX:
-1.73%
SPLG:
-0.42%
Returns By Period
In the year-to-date period, SHMDX achieves a 1.80% return, which is significantly lower than SPLG's 4.15% return. Over the past 10 years, SHMDX has underperformed SPLG with an annualized return of 3.55%, while SPLG has yielded a comparatively higher 13.28% annualized return.
SHMDX
1.80%
0.81%
2.99%
11.55%
0.69%
3.55%
SPLG
4.15%
1.21%
10.48%
24.44%
14.69%
13.28%
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SHMDX vs. SPLG - Expense Ratio Comparison
SHMDX has a 0.73% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
SHMDX vs. SPLG — Risk-Adjusted Performance Rank
SHMDX
SPLG
SHMDX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Stone Harbor Emerging Mkts Debt (SHMDX) and SPDR Portfolio S&P 500 ETF (SPLG). 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
SHMDX vs. SPLG - Dividend Comparison
SHMDX's dividend yield for the trailing twelve months is around 6.73%, more than SPLG's 1.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHMDX Virtus Stone Harbor Emerging Mkts Debt | 6.20% | 6.75% | 8.09% | 10.69% | 4.78% | 5.24% | 5.51% | 6.80% | 6.12% | 6.72% | 6.65% | 5.15% |
SPLG SPDR Portfolio S&P 500 ETF | 1.23% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
SHMDX vs. SPLG - Drawdown Comparison
The maximum SHMDX drawdown since its inception was -33.45%, smaller than the maximum SPLG drawdown of -54.52%. Use the drawdown chart below to compare losses from any high point for SHMDX and SPLG. For additional features, visit the drawdowns tool.
Volatility
SHMDX vs. SPLG - Volatility Comparison
The current volatility for Virtus Stone Harbor Emerging Mkts Debt (SHMDX) is 1.28%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 2.91%. This indicates that SHMDX experiences smaller price fluctuations and is considered to be less risky than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.