SVAIX vs. SPDG

Last updated Apr 1, 2026

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.

Performance

SVAIX vs. SPDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes Strategic Value Dividend Fund (SVAIX) and SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG). The values are adjusted to include any dividend payments, if applicable.

SVAIX vs. SPDG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SVAIX Federated Hermes Strategic Value Dividend Fund	8.28%	15.26%	16.47%	5.59%
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF	2.97%	11.66%	20.22%	8.14%

Returns By Period

In the year-to-date period, SVAIX achieves a 8.28% return, which is significantly higher than SPDG's 2.97% return.

SVAIX

• 1D: 0.29%
• 1M: -3.41%
• YTD: 8.28%
• 6M: 10.68%
• 1Y: 16.18%
• 3Y*: 13.50%
• 5Y*: 11.56%
• 10Y*: 8.37%

SPDG

• 1D: 1.61%
• 1M: -5.04%
• YTD: 2.97%
• 6M: 5.24%
• 1Y: 13.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SVAIX vs. SPDG - Expense Ratio Comparison

SVAIX has a 0.81% expense ratio, which is higher than SPDG's 0.05% expense ratio.

SVAIX

Federated Hermes Strategic Value Dividend Fund

SPDG

SPDR Portfolio S&P Sector Neutral Dividend ETF

Return for Risk

SVAIX vs. SPDG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SVAIX

SVAIX Risk / Return Rank: 77
SVAIX Sharpe Ratio Rank: 77
SVAIX Sortino Ratio Rank: 81
SVAIX Omega Ratio Rank: 76
SVAIX Calmar Ratio Rank: 72
SVAIX Martin Ratio Rank: 80

SPDG

SPDG Risk / Return Rank: 50
SPDG Sharpe Ratio Rank: 49
SPDG Sortino Ratio Rank: 48
SPDG Omega Ratio Rank: 49
SPDG Calmar Ratio Rank: 53
SPDG Martin Ratio Rank: 53

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.

SVAIX vs. SPDG - Risk-Adjusted Trends 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.

	SVAIX	SPDG	Difference
Sharpe ratio Return per unit of total volatility	1.38	0.85	+0.53
Sortino ratio Return per unit of downside risk	2.05	1.26	+0.79
Omega ratio Gain probability vs. loss probability	1.28	1.18	+0.10
Calmar ratio Return relative to maximum drawdown	1.64	1.27	+0.37
Martin ratio Return relative to average drawdown	7.78	4.92	+2.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SVAIX vs. SPDG - Sharpe Ratio Comparison

The current SVAIX Sharpe Ratio is 1.38, which is higher than the SPDG Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of SVAIX and SPDG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SVAIX	SPDG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	0.85	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.89	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	1.21	-0.69

Correlation

The correlation between SVAIX and SPDG is 0.58, 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.

Dividends

SVAIX vs. SPDG - Dividend Comparison

SVAIX's dividend yield for the trailing twelve months is around 5.98%, more than SPDG's 2.94% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SVAIX Federated Hermes Strategic Value Dividend Fund	5.98%	6.41%	7.58%	4.32%	9.68%	3.72%	4.28%	8.75%	8.54%	10.36%	5.24%	8.67%
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF	2.94%	2.87%	2.61%	0.90%	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 -50.62%, which is greater than SPDG's maximum drawdown of -15.67%. Use the drawdown chart below to compare losses from any high point for SVAIX and SPDG.

Drawdown Indicators

	SVAIX	SPDG	Difference
Max Drawdown Largest peak-to-trough decline	-50.62%	-15.67%	-34.95%
Max Drawdown (1Y) Largest decline over 1 year	-11.78%	-11.84%	+0.06%
Max Drawdown (5Y) Largest decline over 5 years	-16.13%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.53%	—	—
Current Drawdown Current decline from peak	-3.68%	-6.79%	+3.11%
Average Drawdown Average peak-to-trough decline	-7.75%	-2.21%	-5.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	3.05%	-0.39%

Volatility

SVAIX vs. SPDG - Volatility Comparison

The current volatility for Federated Hermes Strategic Value Dividend Fund (SVAIX) is 2.80%, while SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) has a volatility of 3.98%. 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.

Volatility by Period

	SVAIX	SPDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.80%	3.98%	-1.18%
Volatility (6M) Calculated over the trailing 6-month period	6.96%	9.07%	-2.11%
Volatility (1Y) Calculated over the trailing 1-year period	15.78%	16.15%	-0.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.57%	14.21%	-0.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.42%	14.21%	+1.21%