YLDE vs. SPY
Compare and contrast key facts about ClearBridge Dividend Strategy ESG ETF (YLDE) and SPDR S&P 500 ETF (SPY).
YLDE and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YLDE is an actively managed fund by Franklin Templeton. It was launched on May 22, 2017. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YLDE or SPY.
Performance
YLDE vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, YLDE achieves a 20.01% return, which is significantly lower than SPY's 26.08% return.
YLDE
20.01%
2.24%
14.39%
25.65%
12.66%
N/A
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| YLDE | SPY | |
|---|---|---|
| Sharpe Ratio | 2.74 | 2.70 |
| Sortino Ratio | 3.78 | 3.60 |
| Omega Ratio | 1.50 | 1.50 |
| Calmar Ratio | 4.70 | 3.90 |
| Martin Ratio | 16.15 | 17.52 |
| Ulcer Index | 1.63% | 1.87% |
| Daily Std Dev | 9.59% | 12.14% |
| Max Drawdown | -33.23% | -55.19% |
| Current Drawdown | -0.14% | -0.85% |
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YLDE vs. SPY - Expense Ratio Comparison
YLDE has a 0.60% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between YLDE and SPY is 0.68, 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.
Risk-Adjusted Performance
YLDE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ClearBridge Dividend Strategy ESG ETF (YLDE) and SPDR S&P 500 ETF (SPY). 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
YLDE vs. SPY - Dividend Comparison
YLDE's dividend yield for the trailing twelve months is around 1.37%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
YLDE ClearBridge Dividend Strategy ESG ETF | 1.37% | 1.65% | 1.68% | 1.15% | 1.46% | 1.65% | 2.25% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
YLDE vs. SPY - Drawdown Comparison
The maximum YLDE drawdown since its inception was -33.23%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for YLDE and SPY. For additional features, visit the drawdowns tool.
Volatility
YLDE vs. SPY - Volatility Comparison
The current volatility for ClearBridge Dividend Strategy ESG ETF (YLDE) is 3.73%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.98%. This indicates that YLDE experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.