HASI vs. SPD
Compare and contrast key facts about Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) and Simplify US Equity PLUS Downside Convexity ETF (SPD).
SPD is an actively managed fund by Simplify Asset Management Inc.. It was launched on Sep 3, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HASI or SPD.
Key characteristics
| HASI | SPD | |
|---|---|---|
| YTD Return | 1.72% | 21.16% |
| 1Y Return | 43.69% | 30.92% |
| 3Y Return (Ann) | -21.20% | 3.46% |
| Sharpe Ratio | 1.02 | 2.79 |
| Sortino Ratio | 1.72 | 3.89 |
| Omega Ratio | 1.22 | 1.51 |
| Calmar Ratio | 0.71 | 1.74 |
| Martin Ratio | 5.41 | 15.96 |
| Ulcer Index | 8.99% | 1.91% |
| Daily Std Dev | 47.63% | 10.93% |
| Max Drawdown | -76.94% | -27.38% |
| Current Drawdown | -54.31% | -0.51% |
Correlation
The correlation between HASI and SPD is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HASI vs. SPD - Performance Comparison
In the year-to-date period, HASI achieves a 1.72% return, which is significantly lower than SPD's 21.16% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
HASI vs. SPD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) and Simplify US Equity PLUS Downside Convexity ETF (SPD). 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
HASI vs. SPD - Dividend Comparison
HASI's dividend yield for the trailing twelve months is around 6.10%, more than SPD's 1.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HASI Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 6.10% | 5.73% | 5.18% | 2.64% | 2.14% | 4.16% | 6.93% | 6.86% | 6.48% | 5.71% | 6.47% | 3.01% |
SPD Simplify US Equity PLUS Downside Convexity ETF | 1.27% | 1.91% | 1.65% | 0.88% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HASI vs. SPD - Drawdown Comparison
The maximum HASI drawdown since its inception was -76.94%, which is greater than SPD's maximum drawdown of -27.38%. Use the drawdown chart below to compare losses from any high point for HASI and SPD. For additional features, visit the drawdowns tool.
Volatility
HASI vs. SPD - Volatility Comparison
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) has a higher volatility of 17.27% compared to Simplify US Equity PLUS Downside Convexity ETF (SPD) at 3.56%. This indicates that HASI's price experiences larger fluctuations and is considered to be riskier than SPD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.