Correlation
The correlation between VZ and SPYD is 0.32, 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.
VZ vs. SPYD
Compare and contrast key facts about Verizon Communications Inc. (VZ) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD).
SPYD is a passively managed fund by State Street that tracks the performance of the S&P 500 High Dividend Index. It was launched on Oct 21, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VZ or SPYD.
Performance
VZ vs. SPYD - Performance Comparison
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Key characteristics
VZ:
0.74
SPYD:
0.70
VZ:
1.21
SPYD:
1.04
VZ:
1.17
SPYD:
1.14
VZ:
0.85
SPYD:
0.68
VZ:
3.42
SPYD:
2.08
VZ:
5.64%
SPYD:
5.29%
VZ:
22.65%
SPYD:
15.78%
VZ:
-50.66%
SPYD:
-46.42%
VZ:
-7.00%
SPYD:
-8.20%
Returns By Period
In the year-to-date period, VZ achieves a 13.73% return, which is significantly higher than SPYD's -0.81% return.
VZ
13.73%
-0.23%
2.57%
16.41%
1.49%
0.45%
4.11%
SPYD
-0.81%
1.43%
-8.16%
11.00%
2.97%
13.74%
N/A
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Risk-Adjusted Performance
VZ vs. SPYD — Risk-Adjusted Performance Rank
VZ
SPYD
VZ vs. SPYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Verizon Communications Inc. (VZ) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD). 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.
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Dividends
VZ vs. SPYD - Dividend Comparison
VZ's dividend yield for the trailing twelve months is around 6.14%, more than SPYD's 4.50% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VZ Verizon Communications Inc. | 6.14% | 6.68% | 6.96% | 6.53% | 4.86% | 4.21% | 3.95% | 4.22% | 4.39% | 4.26% | 4.79% | 4.57% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 4.50% | 4.31% | 4.66% | 5.01% | 3.69% | 4.96% | 4.42% | 4.75% | 4.64% | 4.34% | 1.13% | 0.00% |
Drawdowns
VZ vs. SPYD - Drawdown Comparison
The maximum VZ drawdown since its inception was -50.66%, which is greater than SPYD's maximum drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for VZ and SPYD.
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Volatility
VZ vs. SPYD - Volatility Comparison
Verizon Communications Inc. (VZ) has a higher volatility of 5.18% compared to SPDR Portfolio S&P 500 High Dividend ETF (SPYD) at 4.59%. This indicates that VZ's price experiences larger fluctuations and is considered to be riskier than SPYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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