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SPY vs. SPYD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPY and SPYD is 0.71, 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.


-0.50.00.51.00.7

Performance

SPY vs. SPYD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P 500 ETF (SPY) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
10.28%
9.11%
SPY
SPYD

Key characteristics

Sharpe Ratio

SPY:

2.21

SPYD:

1.31

Sortino Ratio

SPY:

2.93

SPYD:

1.84

Omega Ratio

SPY:

1.41

SPYD:

1.23

Calmar Ratio

SPY:

3.26

SPYD:

1.67

Martin Ratio

SPY:

14.40

SPYD:

7.09

Ulcer Index

SPY:

1.90%

SPYD:

2.34%

Daily Std Dev

SPY:

12.44%

SPYD:

12.66%

Max Drawdown

SPY:

-55.19%

SPYD:

-46.42%

Current Drawdown

SPY:

-1.83%

SPYD:

-7.34%

Returns By Period

In the year-to-date period, SPY achieves a 26.72% return, which is significantly higher than SPYD's 15.48% return.


SPY

YTD

26.72%

1M

0.20%

6M

10.28%

1Y

27.17%

5Y*

14.87%

10Y*

13.04%

SPYD

YTD

15.48%

1M

-6.17%

6M

9.12%

1Y

16.22%

5Y*

6.94%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SPY vs. SPYD - Expense Ratio Comparison

SPY has a 0.09% expense ratio, which is higher than SPYD's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


SPY
SPDR S&P 500 ETF
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%
Expense ratio chart for SPYD: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Risk-Adjusted Performance

SPY vs. SPYD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 500 ETF (SPY) 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.


Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 2.21, compared to the broader market0.002.004.002.211.31
The chart of Sortino ratio for SPY, currently valued at 2.93, compared to the broader market-2.000.002.004.006.008.0010.002.931.84
The chart of Omega ratio for SPY, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.001.411.23
The chart of Calmar ratio for SPY, currently valued at 3.26, compared to the broader market0.005.0010.0015.003.261.67
The chart of Martin ratio for SPY, currently valued at 14.40, compared to the broader market0.0020.0040.0060.0080.00100.0014.407.09
SPY
SPYD

The current SPY Sharpe Ratio is 2.21, which is higher than the SPYD Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of SPY and SPYD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.21
1.31
SPY
SPYD

Dividends

SPY vs. SPYD - Dividend Comparison

SPY's dividend yield for the trailing twelve months is around 1.19%, less than SPYD's 4.31% yield.


TTM20232022202120202019201820172016201520142013
SPY
SPDR S&P 500 ETF
1.19%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%
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

SPY vs. SPYD - Drawdown Comparison

The maximum SPY drawdown since its inception was -55.19%, which is greater than SPYD's maximum drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for SPY and SPYD. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.83%
-7.34%
SPY
SPYD

Volatility

SPY vs. SPYD - Volatility Comparison

The current volatility for SPDR S&P 500 ETF (SPY) is 3.83%, while SPDR Portfolio S&P 500 High Dividend ETF (SPYD) has a volatility of 4.22%. This indicates that SPY 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.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.83%
4.22%
SPY
SPYD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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