SOPAX vs. SDY
Compare and contrast key facts about ClearBridge Dividend Strategy Fund (SOPAX) and SPDR S&P Dividend ETF (SDY).
SOPAX is managed by Franklin Templeton. It was launched on Nov 6, 1992. SDY is a passively managed fund by State Street that tracks the performance of the S&P High Yield Dividend Aristocrats 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: SOPAX or SDY.
Correlation
The correlation between SOPAX and SDY is 0.87, 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
SOPAX vs. SDY - Performance Comparison
Key characteristics
SOPAX:
0.71
SDY:
1.22
SOPAX:
0.94
SDY:
1.75
SOPAX:
1.15
SDY:
1.21
SOPAX:
0.67
SDY:
1.28
SOPAX:
2.03
SDY:
3.77
SOPAX:
4.07%
SDY:
3.37%
SOPAX:
11.62%
SDY:
10.41%
SOPAX:
-52.17%
SDY:
-54.75%
SOPAX:
-8.39%
SDY:
-4.44%
Returns By Period
In the year-to-date period, SOPAX achieves a 2.67% return, which is significantly lower than SDY's 3.36% return. Over the past 10 years, SOPAX has underperformed SDY with an annualized return of 5.44%, while SDY has yielded a comparatively higher 9.11% annualized return.
SOPAX
2.67%
-0.00%
-0.83%
6.79%
4.65%
5.44%
SDY
3.36%
2.38%
0.10%
11.81%
7.78%
9.11%
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SOPAX vs. SDY - Expense Ratio Comparison
SOPAX has a 1.02% expense ratio, which is higher than SDY's 0.35% expense ratio.
Risk-Adjusted Performance
SOPAX vs. SDY — Risk-Adjusted Performance Rank
SOPAX
SDY
SOPAX vs. SDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ClearBridge Dividend Strategy Fund (SOPAX) and SPDR S&P Dividend ETF (SDY). 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
SOPAX vs. SDY - Dividend Comparison
SOPAX's dividend yield for the trailing twelve months is around 1.28%, less than SDY's 3.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOPAX ClearBridge Dividend Strategy Fund | 1.28% | 1.31% | 1.39% | 1.76% | 0.82% | 1.17% | 1.30% | 1.59% | 1.16% | 1.16% | 1.53% | 1.62% |
SDY SPDR S&P Dividend ETF | 3.05% | 3.15% | 2.64% | 2.55% | 2.63% | 2.85% | 2.45% | 2.73% | 4.69% | 3.30% | 6.20% | 4.74% |
Drawdowns
SOPAX vs. SDY - Drawdown Comparison
The maximum SOPAX drawdown since its inception was -52.17%, roughly equal to the maximum SDY drawdown of -54.75%. Use the drawdown chart below to compare losses from any high point for SOPAX and SDY. For additional features, visit the drawdowns tool.
Volatility
SOPAX vs. SDY - Volatility Comparison
The current volatility for ClearBridge Dividend Strategy Fund (SOPAX) is 2.22%, while SPDR S&P Dividend ETF (SDY) has a volatility of 3.41%. This indicates that SOPAX experiences smaller price fluctuations and is considered to be less risky than SDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.