SPHD vs. VT
SPHD (Invesco S&P 500® High Dividend Low Volatility ETF) and VT (Vanguard Total World Stock ETF) are both exchange-traded funds - SPHD is a Dividend fund tracking the S&P 500 Low Volatility High Dividend Index, while VT is a Global Equities fund tracking the FTSE Global All Cap Index. Both are passively managed. Over the past 10 years, SPHD returned 7.41%/yr vs 13.03%/yr for VT. A 0.68 correlation means they provide meaningful diversification when combined. SPHD charges 0.30%/yr vs 0.06%/yr for VT.
Performance
SPHD vs. VT - Performance Comparison
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Returns By Period
In the year-to-date period, SPHD achieves a 8.51% return, which is significantly lower than VT's 12.78% return. Over the past 10 years, SPHD has underperformed VT with an annualized return of 7.41%, while VT has yielded a comparatively higher 13.03% annualized return.
SPHD
- 1D
- -1.12%
- 1M
- 4.38%
- YTD
- 8.51%
- 6M
- 7.65%
- 1Y
- 12.70%
- 3Y*
- 11.55%
- 5Y*
- 6.57%
- 10Y*
- 7.41%
VT
- 1D
- 1.55%
- 1M
- 3.39%
- YTD
- 12.78%
- 6M
- 13.56%
- 1Y
- 29.41%
- 3Y*
- 19.92%
- 5Y*
- 11.15%
- 10Y*
- 13.03%
SPHD vs. VT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 8.51% | 3.41% | 18.08% | 1.32% | 0.58% | 24.98% | -9.98% | 20.26% | -6.17% | 11.90% |
VT Vanguard Total World Stock ETF | 12.78% | 22.43% | 16.49% | 22.02% | -18.00% | 18.27% | 16.59% | 26.81% | -9.76% | 24.50% |
Correlation
The correlation between SPHD and VT is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2012 | 0.68 |
Over the past year, the correlation between SPHD and VT has dropped to 0.29 - well below their long-term average of 0.68, suggesting their price drivers have been diverging.
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Return for Risk
SPHD vs. VT — Risk / Return Rank
SPHD
VT
SPHD vs. VT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) and Vanguard Total World Stock ETF (VT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SPHD | VT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.40 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 3.05 | -1.31 |
| Martin ratioReturn relative to average drawdown | 4.31 | 13.29 | -8.98 |
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Drawdowns
SPHD vs. VT - Drawdown Comparison
The maximum SPHD drawdown since its inception was -41.39%, smaller than the maximum VT drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for SPHD and VT.
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Drawdown Indicators
| SPHD | VT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.39% | -50.27% | +8.88% |
Max Drawdown (1Y)Largest decline over 1 year | -7.33% | -9.67% | +2.34% |
Max Drawdown (3Y)Largest decline over 3 years | -13.29% | -16.51% | +3.22% |
Max Drawdown (5Y)Largest decline over 5 years | -19.50% | -26.38% | +6.88% |
Max Drawdown (10Y)Largest decline over 10 years | -41.39% | -34.24% | -7.15% |
Current DrawdownCurrent decline from peak | -1.63% | -0.40% | -1.23% |
Average DrawdownAverage peak-to-trough decline | -4.70% | -7.01% | +2.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 2.22% | +0.74% |
Volatility
SPHD vs. VT - Volatility Comparison
The current volatility for Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) is 3.91%, while Vanguard Total World Stock ETF (VT) has a volatility of 5.46%. This indicates that SPHD experiences smaller price fluctuations and is considered to be less risky than VT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPHD | VT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.91% | 5.46% | -1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 7.86% | 11.11% | -3.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.27% | 13.41% | -2.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.21% | 16.17% | -1.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.66% | 17.28% | +0.38% |
SPHD vs. VT - Expense Ratio Comparison
SPHD has a 0.30% expense ratio, which is higher than VT's 0.06% expense ratio.
Dividends
SPHD vs. VT - Dividend Comparison
SPHD's dividend yield for the trailing twelve months is around 4.45%, more than VT's 1.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 4.45% | 4.02% | 3.41% | 4.48% | 3.89% | 3.45% | 4.89% | 4.07% | 4.40% | 3.14% | 3.83% | 3.49% |
VT Vanguard Total World Stock ETF | 1.58% | 1.82% | 1.95% | 2.08% | 2.20% | 1.82% | 1.66% | 2.32% | 2.53% | 2.11% | 2.39% | 2.45% |
Frequently Asked Questions
SPHD and VT have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VT has higher volatility (5.46%) compared to SPHD (3.91%). In terms of maximum drawdown, SPHD dropped -41.39% vs VT's -50.27%.
On 10-year performance, VT leads with 13.03% vs 7.41% for SPHD. On fees, VT is cheaper at 0.06% per year. On volatility, SPHD has been the lower-risk option at 3.91%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VT has performed better with a 13.03% return vs 7.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VT is cheaper with a 0.06% expense ratio, compared with 0.30% for SPHD.
SPHD has the higher dividend yield at 4.45%, compared with 1.58% for VT.
SPHD is categorized as Dividend, while VT is Global Equities. SPHD tracks S&P 500 Low Volatility High Dividend Index, while VT tracks FTSE Global All Cap Index. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.30% for SPHD and 0.06% for VT.
VT currently has the higher Sharpe Ratio (2.21 vs 1.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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