VMAX vs. SPYV
Compare and contrast key facts about Hartford US Value ETF (VMAX) and SPDR Portfolio S&P 500 Value ETF (SPYV).
VMAX and SPYV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VMAX is an actively managed fund by Hartford. It was launched on Dec 5, 2023. SPYV is a passively managed fund by State Street that tracks the performance of the S&P 500 Value. 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: VMAX or SPYV.
Correlation
The correlation between VMAX and SPYV is 0.65, 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
VMAX vs. SPYV - Performance Comparison
Key characteristics
VMAX:
1.73
SPYV:
1.41
VMAX:
2.67
SPYV:
2.02
VMAX:
1.36
SPYV:
1.25
VMAX:
2.33
SPYV:
1.75
VMAX:
6.92
SPYV:
5.02
VMAX:
3.15%
SPYV:
2.85%
VMAX:
12.59%
SPYV:
10.16%
VMAX:
-9.35%
SPYV:
-58.45%
VMAX:
-1.42%
SPYV:
-3.11%
Returns By Period
In the year-to-date period, VMAX achieves a 7.27% return, which is significantly higher than SPYV's 4.01% return.
VMAX
7.27%
2.59%
9.59%
21.28%
N/A
N/A
SPYV
4.01%
2.27%
4.90%
14.53%
11.29%
10.30%
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VMAX vs. SPYV - Expense Ratio Comparison
VMAX has a 0.29% expense ratio, which is higher than SPYV's 0.04% expense ratio.
Risk-Adjusted Performance
VMAX vs. SPYV — Risk-Adjusted Performance Rank
VMAX
SPYV
VMAX vs. SPYV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford US Value ETF (VMAX) and SPDR Portfolio S&P 500 Value ETF (SPYV). 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
VMAX vs. SPYV - Dividend Comparison
VMAX's dividend yield for the trailing twelve months is around 1.82%, less than SPYV's 2.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMAX Hartford US Value ETF | 1.82% | 1.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYV SPDR Portfolio S&P 500 Value ETF | 2.20% | 2.29% | 1.75% | 2.23% | 2.10% | 2.38% | 2.25% | 2.97% | 2.77% | 2.39% | 2.53% | 2.19% |
Drawdowns
VMAX vs. SPYV - Drawdown Comparison
The maximum VMAX drawdown since its inception was -9.35%, smaller than the maximum SPYV drawdown of -58.45%. Use the drawdown chart below to compare losses from any high point for VMAX and SPYV. For additional features, visit the drawdowns tool.
Volatility
VMAX vs. SPYV - Volatility Comparison
Hartford US Value ETF (VMAX) and SPDR Portfolio S&P 500 Value ETF (SPYV) have volatilities of 2.33% and 2.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.