SPDG vs. VUDV.TO

Last updated Jun 4, 2026

SPDG (SPDR Portfolio S&P Sector Neutral Dividend ETF) and VUDV.TO (Vanguard U.S. High Dividend Yield Index ETF) are both Dividend funds - SPDG tracks the S&P Sector-Neutral High Yield Dividend Aristocrats Index while VUDV.TO tracks the FTSE High Dividend Yield Index. Both are passively managed. At a 0.32 correlation, their price movements are largely independent. SPDG charges 0.05%/yr vs 0.28%/yr for VUDV.TO.

Performance

SPDG vs. VUDV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) and Vanguard U.S. High Dividend Yield Index ETF (VUDV.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SPDG is traded in USD, while VUDV.TO is traded in CAD. To make them comparable, the VUDV.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

SPDG

• 1D: -0.67%
• 1M: 7.25%
• YTD: 16.69%
• 6M: 16.41%
• 1Y: 28.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VUDV.TO

• 1D: -0.40%
• 1M: 2.61%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPDG vs. VUDV.TO - Yearly Performance Comparison

	2026 (YTD)
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF	12.80%
VUDV.TO Vanguard U.S. High Dividend Yield Index ETF	8.19%

Correlation

The correlation between SPDG and VUDV.TO is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 26, 2026	0.32

Return for Risk

SPDG vs. VUDV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPDG

SPDG Risk / Return Rank: 69
SPDG Sharpe Ratio Rank: 71
SPDG Sortino Ratio Rank: 75
SPDG Omega Ratio Rank: 69
SPDG Calmar Ratio Rank: 69
SPDG Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPDG vs. VUDV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) and Vanguard U.S. High Dividend Yield Index ETF (VUDV.TO). 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.

	SPDG	VUDV.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.37	—	—
Sortino ratio: Return per unit of downside risk	3.41	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	3.45	—	—
Martin ratio: Return relative to average drawdown	11.57	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SPDG	VUDV.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	6.65	-5.13

Drawdowns

SPDG vs. VUDV.TO - Drawdown Comparison

The maximum SPDG drawdown since its inception was -15.67%, which is greater than VUDV.TO's maximum drawdown of -0.98%. Use the drawdown chart below to compare losses from any high point for SPDG and VUDV.TO.

Drawdown Indicators

	SPDG	VUDV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-15.67%	-0.98%	-14.69%
Max Drawdown (1Y) Largest decline over 1 year	-8.34%	—	—
Current Drawdown Current decline from peak	-0.67%	-0.40%	-0.27%
Average Drawdown Average peak-to-trough decline	-2.19%	-0.27%	-1.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	—	—

Volatility

Volatility by Period

	SPDG	VUDV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.54%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.14%	7.78%	+4.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.18%	7.78%	+6.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.18%	7.78%	+6.40%

SPDG vs. VUDV.TO - Expense Ratio Comparison

SPDG has a 0.05% expense ratio, which is lower than VUDV.TO's 0.28% expense ratio.

Dividends

SPDG vs. VUDV.TO - Dividend Comparison

SPDG's dividend yield for the trailing twelve months is around 2.59%, while VUDV.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF	2.59%	2.87%	2.61%	0.90%
VUDV.TO Vanguard U.S. High Dividend Yield Index ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SPDG and VUDV.TO in my portfolio?

SPDG and VUDV.TO have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPDG or VUDV.TO?

On fees, SPDG is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPDG or VUDV.TO?

SPDG is cheaper with a 0.05% expense ratio, compared with 0.28% for VUDV.TO.

What is the main difference between SPDG and VUDV.TO?

SPDG tracks S&P Sector-Neutral High Yield Dividend Aristocrats Index, while VUDV.TO tracks FTSE High Dividend Yield Index. They also come from different issuers: State Street and Vanguard. Their fees differ too: 0.05% for SPDG and 0.28% for VUDV.TO.