VWID vs. SPHY
Compare and contrast key facts about Virtus WMC International Dividend ETF (VWID) and SPDR Portfolio High Yield Bond ETF (SPHY).
VWID and SPHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VWID is an actively managed fund by Virtus Investment Partners. It was launched on Oct 10, 2017. SPHY is a passively managed fund by State Street that tracks the performance of the ICE BofAML US High Yield Index. It was launched on Jun 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VWID or SPHY.
Key characteristics
| VWID | SPHY | |
|---|---|---|
| YTD Return | 5.96% | 9.00% |
| 1Y Return | 16.03% | 15.61% |
| 3Y Return (Ann) | 5.83% | 3.28% |
| 5Y Return (Ann) | 7.10% | 4.89% |
| Sharpe Ratio | 1.42 | 3.26 |
| Sortino Ratio | 1.98 | 5.19 |
| Omega Ratio | 1.25 | 1.66 |
| Calmar Ratio | 2.89 | 2.94 |
| Martin Ratio | 7.64 | 26.90 |
| Ulcer Index | 2.09% | 0.55% |
| Daily Std Dev | 11.23% | 4.57% |
| Max Drawdown | -34.64% | -21.97% |
| Current Drawdown | -5.52% | 0.00% |
Correlation
The correlation between VWID and SPHY is 0.56, 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
VWID vs. SPHY - Performance Comparison
In the year-to-date period, VWID achieves a 5.96% return, which is significantly lower than SPHY's 9.00% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VWID vs. SPHY - Expense Ratio Comparison
VWID has a 0.49% expense ratio, which is higher than SPHY's 0.10% expense ratio.
Risk-Adjusted Performance
VWID vs. SPHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus WMC International Dividend ETF (VWID) and SPDR Portfolio High Yield Bond ETF (SPHY). 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
VWID vs. SPHY - Dividend Comparison
VWID's dividend yield for the trailing twelve months is around 4.66%, less than SPHY's 7.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VWID Virtus WMC International Dividend ETF | 4.66% | 4.98% | 5.73% | 10.70% | 4.71% | 1.99% | 3.49% | 0.37% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHY SPDR Portfolio High Yield Bond ETF | 7.74% | 7.30% | 6.46% | 5.13% | 5.63% | 5.73% | 4.09% | 4.41% | 4.28% | 4.29% | 3.98% | 4.40% |
Drawdowns
VWID vs. SPHY - Drawdown Comparison
The maximum VWID drawdown since its inception was -34.64%, which is greater than SPHY's maximum drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for VWID and SPHY. For additional features, visit the drawdowns tool.
Volatility
VWID vs. SPHY - Volatility Comparison
Virtus WMC International Dividend ETF (VWID) has a higher volatility of 3.65% compared to SPDR Portfolio High Yield Bond ETF (SPHY) at 1.05%. This indicates that VWID's price experiences larger fluctuations and is considered to be riskier than SPHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.