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SPYD vs. ECH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SPYD vs. ECH

Last updated Jun 20, 2026

SPYD (State Street SPDR Portfolio S&P 500 High Dividend ETF) and ECH (iShares MSCI Chile ETF) are both exchange-traded funds - SPYD is a S&P 500 fund tracking the S&P 500 High Dividend Index, while ECH is a Foreign Large Cap Equities fund tracking the MSCI Chile Investable Market Index. Both are passively managed. Over the past 10 years, SPYD returned 8.52%/yr vs 4.44%/yr for ECH. At a 0.44 correlation, their price movements are largely independent. SPYD charges 0.07%/yr vs 0.59%/yr for ECH.

Performance

SPYD vs. ECH - Performance Comparison

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

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Returns By Period

In the year-to-date period, SPYD achieves a 10.94% return, which is significantly higher than ECH's 2.23% return. Over the past 10 years, SPYD has outperformed ECH with an annualized return of 8.52%, while ECH has yielded a comparatively lower 4.44% annualized return.

SPYD

1D
-0.08%
1M
0.89%
YTD
10.94%
6M
11.30%
1Y
17.69%
3Y*
13.11%
5Y*
8.30%
10Y*
8.52%

ECH

1D
-0.85%
1M
1.75%
YTD
2.23%
6M
5.27%
1Y
36.61%
3Y*
14.33%
5Y*
12.22%
10Y*
4.44%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPYD vs. ECH - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SPYD
State Street SPDR Portfolio S&P 500 High Dividend ETF		10.94%4.65%15.34%3.91%-1.17%32.73%-11.64%21.20%-4.89%12.67%
ECH
iShares MSCI Chile ETF		2.23%65.41%-8.67%9.01%25.12%-19.80%-7.13%-17.79%-18.98%41.79%

Correlation

The correlation between SPYD and ECH is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.30

Correlation (3Y)
Calculated over the trailing 3-year period

0.36

Correlation (5Y)
Calculated over the trailing 5-year period

0.41

Correlation (10Y)
Calculated over the trailing 10-year period

0.43

Correlation (All Time)
Calculated using the full available price history since Oct 22, 2015

0.44

The correlation between SPYD and ECH shifts across timeframes, from 0.30 (1 year) to 0.44 (all time), reflecting how their relationship changes across market environments.

SPYD vs. ECH - Sectors Allocation Comparison

Sectors
SPYD
ECH

Real Estate

26.5%
7.7%

Consumer Defensive

16.0%
7.6%

Financial Services

11.9%
21.8%

Utilities

11.2%
12.9%

Energy

8.5%

-

Consumer Cyclical

7.3%
12.4%

Healthcare

5.3%

-

Communication Services

4.8%
1.7%

Technology

3.2%

-

Basic Materials

3.0%
20.1%

Industrials

2.3%
15.7%

Real Estate

SPYD
26.5%
ECH
7.7%

Consumer Defensive

SPYD
16.0%
ECH
7.6%

Financial Services

SPYD
11.9%
ECH
21.8%

Utilities

SPYD
11.2%
ECH
12.9%

Energy

SPYD
8.5%
ECH

-

Consumer Cyclical

SPYD
7.3%
ECH
12.4%

Healthcare

SPYD
5.3%
ECH

-

Communication Services

SPYD
4.8%
ECH
1.7%

Technology

SPYD
3.2%
ECH

-

Basic Materials

SPYD
3.0%
ECH
20.1%

Industrials

SPYD
2.3%
ECH
15.7%

Compare stocks, funds, or ETFs

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

State Street SPDR Portfolio S&P 500 High Dividend ETF

iShares MSCI Chile ETF

Often compared with SPYD:
SPYD vs. SCHDSPYD vs. SPYSPYD vs. VYMSPYD vs. SPYISPYD vs. HDVSPYD vs. JEPISPYD vs. SPHD
Often compared with ECH:
ECH vs. EWZECH vs. EPUECH vs. EWWECH vs. EWZSECH vs. EPOLECH vs. EWYECH vs. SCHD

Return for Risk

SPYD vs. ECH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SPYD
SPYD Risk / Return Rank: 4646
Overall Rank
SPYD Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
SPYD Sortino Ratio Rank: 4747
Sortino Ratio Rank
SPYD Omega Ratio Rank: 4141
Omega Ratio Rank
SPYD Calmar Ratio Rank: 5353
Calmar Ratio Rank
SPYD Martin Ratio Rank: 4646
Martin Ratio Rank
ECH
ECH Risk / Return Rank: 3939
Overall Rank
ECH Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
ECH Sortino Ratio Rank: 4040
Sortino Ratio Rank
ECH Omega Ratio Rank: 3939
Omega Ratio Rank
ECH Calmar Ratio Rank: 3939
Calmar Ratio Rank
ECH Martin Ratio Rank: 3232
Martin Ratio Rank
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.

SPYD vs. ECH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) and iShares MSCI Chile ETF (ECH). 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.

SPYDECHDifference
Sharpe ratioReturn per unit of total volatility
1.50
1.44

+0.06

Sortino ratioReturn per unit of downside risk
2.25
1.99

+0.25

Omega ratioGain probability vs. loss probability

1.26

1.25

+0.01

Calmar ratioReturn relative to maximum drawdown

2.52

1.86

+0.66

Martin ratioReturn relative to average drawdown

7.28

4.41

+2.88

SPYD vs. ECH - Sharpe Ratio Comparison

The current SPYD Sharpe Ratio is 1.50, which is comparable to the ECH Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of SPYD and ECH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

SPYD vs. ECH - Drawdown Comparison

The maximum SPYD drawdown since its inception was -46.42%, smaller than the maximum ECH drawdown of -74.08%. Use the drawdown chart below to compare losses from any high point for SPYD and ECH.

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Drawdown Indicators

SPYDECHDifference

Max Drawdown

Largest peak-to-trough decline

-46.42%

-74.08%

+27.66%

Max Drawdown (1Y)

Largest decline over 1 year

-7.05%

-19.74%

+12.69%

Max Drawdown (3Y)

Largest decline over 3 years

-16.13%

-25.59%

+9.46%

Max Drawdown (5Y)

Largest decline over 5 years

-22.25%

-25.59%

+3.34%

Max Drawdown (10Y)

Largest decline over 10 years

-46.42%

-66.89%

+20.47%

Current Drawdown

Current decline from peak

-3.30%

-24.03%

+20.73%

Average Drawdown

Average peak-to-trough decline

-6.15%

-37.48%

+31.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.43%

8.33%

-5.90%

Volatility

SPYD vs. ECH - Volatility Comparison

The current volatility for State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is 3.57%, while iShares MSCI Chile ETF (ECH) has a volatility of 9.09%. This indicates that SPYD experiences smaller price fluctuations and is considered to be less risky than ECH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SPYDECHDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.57%

9.09%

-5.52%

Volatility (6M)

Calculated over the trailing 6-month period

8.03%

21.20%

-13.17%

Volatility (1Y)

Calculated over the trailing 1-year period

11.84%

25.51%

-13.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.10%

27.63%

-11.53%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.79%

27.27%

-7.48%

SPYD vs. ECH - Expense Ratio Comparison

SPYD has a 0.07% expense ratio, which is lower than ECH's 0.59% expense ratio.

Dividends

SPYD vs. ECH - Dividend Comparison

SPYD's dividend yield for the trailing twelve months is around 4.19%, more than ECH's 1.93% yield.

PositionTTM20252024202320222021202020192018201720162015
ECH
iShares MSCI Chile ETF		1.93%2.01%3.12%4.77%6.73%5.49%2.16%2.47%2.37%1.42%1.85%2.13%
SPYD
State Street SPDR Portfolio S&P 500 High Dividend ETF		4.19%4.52%4.31%4.66%5.01%3.68%4.95%4.42%4.75%4.63%4.34%1.13%

Frequently Asked Questions

SPYD and ECH have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ECH has higher volatility (9.09%) compared to SPYD (3.57%). In terms of maximum drawdown, SPYD dropped -46.42% vs ECH's -74.08%.

On 10-year performance, SPYD leads with 8.52% vs 4.44% for ECH. On fees, SPYD is cheaper at 0.07% per year. On volatility, SPYD has been the lower-risk option at 3.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, SPYD has performed better with a 8.52% return vs 4.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SPYD is cheaper with a 0.07% expense ratio, compared with 0.59% for ECH.

SPYD has the higher dividend yield at 4.19%, compared with 1.93% for ECH.

SPYD is categorized as S&P 500, while ECH is Foreign Large Cap Equities. SPYD tracks S&P 500 High Dividend Index, while ECH tracks MSCI Chile Investable Market Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.07% for SPYD and 0.59% for ECH.

SPYD currently has the higher Sharpe Ratio (1.50 vs 1.44), 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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