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 0.85, 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:
0.15
SDY:
0.33
SOPAX:
0.30
SDY:
0.56
SOPAX:
1.05
SDY:
1.07
SOPAX:
0.13
SDY:
0.33
SOPAX:
0.37
SDY:
1.07
SOPAX:
6.18%
SDY:
4.40%
SOPAX:
15.57%
SDY:
14.15%
SOPAX:
-52.17%
SDY:
-54.75%
SOPAX:
-11.78%
SDY:
-8.53%
Returns By Period
In the year-to-date period, SOPAX achieves a -1.13% return, which is significantly lower than SDY's -1.06% return. Over the past 10 years, SOPAX has underperformed SDY with an annualized return of 5.10%, while SDY has yielded a comparatively higher 8.74% annualized return.
SOPAX
-1.13%
-2.80%
-8.42%
2.29%
7.75%
5.10%
SDY
-1.06%
-3.63%
-5.70%
4.84%
11.95%
8.74%
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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 1.29%, less than SDY's 2.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOPAX ClearBridge Dividend Strategy Fund | 1.29% | 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 | 2.69% | 2.56% | 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
ClearBridge Dividend Strategy Fund (SOPAX) has a higher volatility of 10.42% compared to SPDR S&P Dividend ETF (SDY) at 9.50%. This indicates that SOPAX's price experiences larger fluctuations and is considered to be riskier than SDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.