VLT vs. SPYG
Compare and contrast key facts about Invesco High Income Trust II (VLT) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLT or SPYG.
Correlation
The correlation between VLT and SPYG is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VLT vs. SPYG - Performance Comparison
Key characteristics
VLT:
1.98
SPYG:
1.76
VLT:
2.74
SPYG:
2.31
VLT:
1.39
SPYG:
1.32
VLT:
1.47
SPYG:
2.49
VLT:
10.86
SPYG:
9.55
VLT:
1.55%
SPYG:
3.32%
VLT:
8.45%
SPYG:
18.07%
VLT:
-69.60%
SPYG:
-67.79%
VLT:
-1.75%
SPYG:
-0.01%
Returns By Period
In the year-to-date period, VLT achieves a 1.59% return, which is significantly lower than SPYG's 5.07% return. Over the past 10 years, VLT has underperformed SPYG with an annualized return of 5.95%, while SPYG has yielded a comparatively higher 15.34% annualized return.
VLT
1.59%
1.16%
2.98%
16.29%
4.43%
5.95%
SPYG
5.07%
2.75%
14.19%
32.39%
16.47%
15.34%
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Risk-Adjusted Performance
VLT vs. SPYG — Risk-Adjusted Performance Rank
VLT
SPYG
VLT vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco High Income Trust II (VLT) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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
VLT vs. SPYG - Dividend Comparison
VLT's dividend yield for the trailing twelve months is around 10.57%, more than SPYG's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLT Invesco High Income Trust II | 10.57% | 10.55% | 11.13% | 11.27% | 8.06% | 8.51% | 8.10% | 8.44% | 7.00% | 8.06% | 9.71% | 8.68% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.57% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% |
Drawdowns
VLT vs. SPYG - Drawdown Comparison
The maximum VLT drawdown since its inception was -69.60%, roughly equal to the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for VLT and SPYG. For additional features, visit the drawdowns tool.
Volatility
VLT vs. SPYG - Volatility Comparison
The current volatility for Invesco High Income Trust II (VLT) is 1.33%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.52%. This indicates that VLT experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.