SPLG vs. SPYD
Compare and contrast key facts about SPDR Portfolio S&P 500 ETF (SPLG) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD).
SPLG and SPYD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005. SPYD is a passively managed fund by State Street that tracks the performance of the S&P 500 High Dividend Index. It was launched on Oct 21, 2015. Both SPLG and SPYD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPLG or SPYD.
Correlation
The correlation between SPLG and SPYD is 0.70, 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
SPLG vs. SPYD - Performance Comparison
Key characteristics
SPLG:
2.26
SPYD:
1.38
SPLG:
3.00
SPYD:
1.93
SPLG:
1.42
SPYD:
1.25
SPLG:
3.32
SPYD:
1.77
SPLG:
14.73
SPYD:
7.63
SPLG:
1.90%
SPYD:
2.30%
SPLG:
12.40%
SPYD:
12.68%
SPLG:
-54.50%
SPYD:
-46.42%
SPLG:
-2.50%
SPYD:
-7.51%
Returns By Period
In the year-to-date period, SPLG achieves a 26.00% return, which is significantly higher than SPYD's 15.26% return.
SPLG
26.00%
-0.14%
9.34%
26.48%
14.82%
13.11%
SPYD
15.26%
-5.68%
10.33%
16.00%
6.87%
N/A
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SPLG vs. SPYD - Expense Ratio Comparison
SPLG has a 0.03% expense ratio, which is lower than SPYD's 0.07% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SPLG vs. SPYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 500 ETF (SPLG) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD). 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
SPLG vs. SPYD - Dividend Comparison
SPLG's dividend yield for the trailing twelve months is around 0.92%, less than SPYD's 4.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPLG SPDR Portfolio S&P 500 ETF | 0.92% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% | 1.71% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 4.31% | 4.66% | 5.01% | 3.69% | 4.96% | 4.42% | 4.75% | 4.64% | 4.34% | 1.13% | 0.00% | 0.00% |
Drawdowns
SPLG vs. SPYD - Drawdown Comparison
The maximum SPLG drawdown since its inception was -54.50%, which is greater than SPYD's maximum drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for SPLG and SPYD. For additional features, visit the drawdowns tool.
Volatility
SPLG vs. SPYD - Volatility Comparison
The current volatility for SPDR Portfolio S&P 500 ETF (SPLG) is 3.81%, while SPDR Portfolio S&P 500 High Dividend ETF (SPYD) has a volatility of 4.44%. This indicates that SPLG experiences smaller price fluctuations and is considered to be less risky than SPYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.