SVAIX vs. QDIV
Compare and contrast key facts about Federated Hermes Strategic Value Dividend Fund (SVAIX) and Global X S&P 500 Quality Dividend ETF (QDIV).
SVAIX is managed by Federated. It was launched on Mar 30, 2005. QDIV is a passively managed fund by Global X that tracks the performance of the S&P 500 Quality High Dividend Index. It was launched on Jul 13, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SVAIX or QDIV.
Correlation
The correlation between SVAIX and QDIV is 0.79, 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
SVAIX vs. QDIV - Performance Comparison
Key characteristics
SVAIX:
1.01
QDIV:
1.03
SVAIX:
1.42
QDIV:
1.50
SVAIX:
1.18
QDIV:
1.18
SVAIX:
0.90
QDIV:
1.44
SVAIX:
4.87
QDIV:
4.62
SVAIX:
2.34%
QDIV:
2.28%
SVAIX:
11.25%
QDIV:
10.27%
SVAIX:
-50.87%
QDIV:
-41.20%
SVAIX:
-8.58%
QDIV:
-7.33%
Returns By Period
In the year-to-date period, SVAIX achieves a 10.55% return, which is significantly higher than QDIV's 9.41% return.
SVAIX
10.55%
-7.13%
7.72%
10.58%
4.58%
3.70%
QDIV
9.41%
-5.05%
4.87%
9.79%
8.17%
N/A
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SVAIX vs. QDIV - Expense Ratio Comparison
SVAIX has a 0.81% expense ratio, which is higher than QDIV's 0.20% expense ratio.
Risk-Adjusted Performance
SVAIX vs. QDIV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Strategic Value Dividend Fund (SVAIX) and Global X S&P 500 Quality Dividend ETF (QDIV). 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
SVAIX vs. QDIV - Dividend Comparison
SVAIX's dividend yield for the trailing twelve months is around 3.60%, more than QDIV's 3.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SVAIX Federated Hermes Strategic Value Dividend Fund | 3.60% | 4.31% | 4.16% | 3.72% | 4.31% | 3.97% | 4.35% | 3.74% | 3.11% | 3.60% | 5.47% | 3.41% |
QDIV Global X S&P 500 Quality Dividend ETF | 3.00% | 3.26% | 3.02% | 2.44% | 3.06% | 2.85% | 1.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SVAIX vs. QDIV - Drawdown Comparison
The maximum SVAIX drawdown since its inception was -50.87%, which is greater than QDIV's maximum drawdown of -41.20%. Use the drawdown chart below to compare losses from any high point for SVAIX and QDIV. For additional features, visit the drawdowns tool.
Volatility
SVAIX vs. QDIV - Volatility Comparison
Federated Hermes Strategic Value Dividend Fund (SVAIX) has a higher volatility of 3.74% compared to Global X S&P 500 Quality Dividend ETF (QDIV) at 3.48%. This indicates that SVAIX's price experiences larger fluctuations and is considered to be riskier than QDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.