TEAM vs. HDV

Last updated Jun 4, 2026

TEAM (Atlassian Corporation Plc) is a stock, while HDV (iShares Core High Dividend ETF) is Dividend fund tracking the Morningstar Dividend Yield Focus Index. Over the past 10 years, TEAM returned 15.44%/yr vs 9.26%/yr for HDV. At a 0.17 correlation, their price movements are largely independent.

Performance

TEAM vs. HDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Atlassian Corporation Plc (TEAM) and iShares Core High Dividend ETF (HDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TEAM achieves a -37.38% return, which is significantly lower than HDV's 12.69% return. Over the past 10 years, TEAM has outperformed HDV with an annualized return of 15.44%, while HDV has yielded a comparatively lower 9.26% annualized return.

TEAM

• 1D: -6.94%
• 1M: 8.98%
• YTD: -37.38%
• 6M: -35.23%
• 1Y: -51.86%
• 3Y*: -17.96%
• 5Y*: -14.78%
• 10Y*: 15.44%

HDV

• 1D: 0.37%
• 1M: 0.29%
• YTD: 12.69%
• 6M: 12.16%
• 1Y: 20.35%
• 3Y*: 14.94%
• 5Y*: 10.32%
• 10Y*: 9.26%

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

TEAM vs. HDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TEAM Atlassian Corporation Plc	-37.38%	-33.38%	2.32%	84.85%	-66.25%	63.04%	94.34%	35.24%	95.47%	89.04%
HDV iShares Core High Dividend ETF	12.69%	11.90%	14.16%	1.72%	7.05%	19.45%	-6.48%	20.22%	-3.01%	13.40%

Correlation

The correlation between TEAM and HDV is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.17
Correlation (All Time) Calculated using the full available price history since Dec 11, 2015	0.17

The correlation between TEAM and HDV shifts across timeframes, from -0.09 (1 year) to 0.17 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

TEAM vs. HDV — Risk / Return Rank

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

TEAM

TEAM Risk / Return Rank: 11
TEAM Sharpe Ratio Rank: 8
TEAM Sortino Ratio Rank: 8
TEAM Omega Ratio Rank: 10
TEAM Calmar Ratio Rank: 14
TEAM Martin Ratio Rank: 13

HDV

HDV Risk / Return Rank: 64
HDV Sharpe Ratio Rank: 61
HDV Sortino Ratio Rank: 66
HDV Omega Ratio Rank: 57
HDV Calmar Ratio Rank: 76
HDV Martin Ratio Rank: 61

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.

TEAM vs. HDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Atlassian Corporation Plc (TEAM) and iShares Core High Dividend ETF (HDV). 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.

	TEAM	HDV	Difference
Sharpe ratio: Return per unit of total volatility	-0.81	2.10	-2.91
Sortino ratio: Return per unit of downside risk	-1.27	3.11	-4.38
Omega ratio: Gain probability vs. loss probability	0.86	1.36	-0.50
Calmar ratio: Return relative to maximum drawdown	-0.70	3.95	-4.65
Martin ratio: Return relative to average drawdown	-1.22	11.02	-12.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TEAM vs. HDV - Sharpe Ratio Comparison

The current TEAM Sharpe Ratio is -0.81, which is lower than the HDV Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of TEAM and HDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TEAM	HDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.81	2.10	-2.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	0.81	-1.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	0.59	-0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.72	-0.47

Drawdowns

TEAM vs. HDV - Drawdown Comparison

The maximum TEAM drawdown since its inception was -87.53%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for TEAM and HDV.

Drawdown Indicators

	TEAM	HDV	Difference
Max Drawdown Largest peak-to-trough decline	-87.53%	-37.04%	-50.49%
Max Drawdown (1Y) Largest decline over 1 year	-74.13%	-5.18%	-68.95%
Max Drawdown (3Y) Largest decline over 3 years	-82.30%	-10.49%	-71.81%
Max Drawdown (5Y) Largest decline over 5 years	-87.53%	-15.42%	-72.11%
Max Drawdown (10Y) Largest decline over 10 years	-87.53%	-37.04%	-50.49%
Current Drawdown Current decline from peak	-77.84%	-2.54%	-75.30%
Average Drawdown Average peak-to-trough decline	-29.70%	-3.09%	-26.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.69%	1.85%	+40.84%

Volatility

TEAM vs. HDV - Volatility Comparison

Atlassian Corporation Plc (TEAM) has a higher volatility of 25.00% compared to iShares Core High Dividend ETF (HDV) at 3.19%. This indicates that TEAM's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEAM	HDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.00%	3.19%	+21.81%
Volatility (6M) Calculated over the trailing 6-month period	54.76%	7.56%	+47.20%
Volatility (1Y) Calculated over the trailing 1-year period	64.02%	9.73%	+54.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.65%	12.82%	+47.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.62%	15.73%	+35.89%

Dividends

TEAM vs. HDV - Dividend Comparison

TEAM has not paid dividends to shareholders, while HDV's dividend yield for the trailing twelve months is around 2.91%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HDV iShares Core High Dividend ETF	2.91%	3.22%	3.67%	3.82%	3.56%	3.47%	4.07%	3.27%	3.67%	3.27%	3.28%	3.92%
TEAM Atlassian Corporation Plc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TEAM and HDV in my portfolio?

TEAM and HDV have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TEAM or HDV?

TEAM has higher volatility (25.00%) compared to HDV (3.19%). In terms of maximum drawdown, TEAM dropped -87.53% vs HDV's -37.04%.

Which has better risk-adjusted returns?

HDV currently has the higher Sharpe Ratio (2.10 vs -0.81), 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.