SVAIX vs. SPDG
Compare and contrast key facts about Federated Hermes Strategic Value Dividend Fund (SVAIX) and SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG).
SVAIX is managed by Federated. It was launched on Mar 30, 2005. SPDG is a passively managed fund by State Street that tracks the performance of the S&P Sector-Neutral High Yield Dividend Aristocrats Index. It was launched on Sep 11, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SVAIX or SPDG.
Key characteristics
| SVAIX | SPDG | |
|---|---|---|
| YTD Return | 18.66% | 21.82% |
| 1Y Return | 29.47% | 35.59% |
| Sharpe Ratio | 2.63 | 2.92 |
| Sortino Ratio | 3.65 | 4.07 |
| Omega Ratio | 1.49 | 1.51 |
| Calmar Ratio | 1.71 | 5.76 |
| Martin Ratio | 14.17 | 18.76 |
| Ulcer Index | 2.06% | 1.87% |
| Daily Std Dev | 11.12% | 12.03% |
| Max Drawdown | -50.87% | -8.76% |
| Current Drawdown | -1.28% | -0.91% |
Correlation
The correlation between SVAIX and SPDG is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SVAIX vs. SPDG - Performance Comparison
In the year-to-date period, SVAIX achieves a 18.66% return, which is significantly lower than SPDG's 21.82% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SVAIX vs. SPDG - Expense Ratio Comparison
SVAIX has a 0.81% expense ratio, which is higher than SPDG's 0.05% expense ratio.
Risk-Adjusted Performance
SVAIX vs. SPDG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Strategic Value Dividend Fund (SVAIX) and SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG). 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. SPDG - Dividend Comparison
SVAIX's dividend yield for the trailing twelve months is around 3.80%, more than SPDG's 2.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SVAIX Federated Hermes Strategic Value Dividend Fund | 3.80% | 4.31% | 4.16% | 3.72% | 4.31% | 3.97% | 4.35% | 3.74% | 3.11% | 3.60% | 5.47% | 3.41% |
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF | 2.58% | 0.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SVAIX vs. SPDG - Drawdown Comparison
The maximum SVAIX drawdown since its inception was -50.87%, which is greater than SPDG's maximum drawdown of -8.76%. Use the drawdown chart below to compare losses from any high point for SVAIX and SPDG. For additional features, visit the drawdowns tool.
Volatility
SVAIX vs. SPDG - Volatility Comparison
The current volatility for Federated Hermes Strategic Value Dividend Fund (SVAIX) is 3.01%, while SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) has a volatility of 3.78%. This indicates that SVAIX experiences smaller price fluctuations and is considered to be less risky than SPDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.