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:
0.72
SPYG:
0.33
VLT:
0.97
SPYG:
0.62
VLT:
1.17
SPYG:
1.09
VLT:
0.63
SPYG:
0.36
VLT:
3.27
SPYG:
1.36
VLT:
2.61%
SPYG:
5.89%
VLT:
11.80%
SPYG:
24.45%
VLT:
-69.51%
SPYG:
-67.79%
VLT:
-8.47%
SPYG:
-16.99%
Returns By Period
In the year-to-date period, VLT achieves a -5.36% return, which is significantly higher than SPYG's -12.75% return. Over the past 10 years, VLT has underperformed SPYG with an annualized return of 5.00%, while SPYG has yielded a comparatively higher 13.24% annualized return.
VLT
-5.36%
-6.03%
-6.66%
9.05%
8.47%
5.00%
SPYG
-12.75%
-5.28%
-8.55%
9.08%
14.88%
13.24%
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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 11.51%, more than SPYG's 0.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLT Invesco High Income Trust II | 11.51% | 10.51% | 11.09% | 11.23% | 8.02% | 8.48% | 8.07% | 8.43% | 7.00% | 8.08% | 9.74% | 8.69% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.71% | 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 -69.51%, 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 8.68%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 15.66%. 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.