^GSPTXDV vs. SPYD
Compare and contrast key facts about S&P/TSX Dividend Aristocrats (^GSPTXDV) 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: ^GSPTXDV or SPYD.
Key characteristics
| ^GSPTXDV | SPYD | |
|---|---|---|
| YTD Return | 12.63% | 17.15% |
| 1Y Return | 17.11% | 28.42% |
| 3Y Return (Ann) | 2.92% | 8.58% |
| 5Y Return (Ann) | 5.01% | 8.11% |
| Sharpe Ratio | 1.88 | 1.84 |
| Daily Std Dev | 10.90% | 15.04% |
| Max Drawdown | -46.09% | -46.42% |
| Current Drawdown | 0.00% | -0.35% |
Correlation
The correlation between ^GSPTXDV and SPYD 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.
Performance
^GSPTXDV vs. SPYD - Performance Comparison
In the year-to-date period, ^GSPTXDV achieves a 12.63% return, which is significantly lower than SPYD's 17.15% 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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Risk-Adjusted Performance
^GSPTXDV vs. SPYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P/TSX Dividend Aristocrats (^GSPTXDV) 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.
Drawdowns
^GSPTXDV vs. SPYD - Drawdown Comparison
The maximum ^GSPTXDV drawdown since its inception was -46.09%, roughly equal to the maximum SPYD drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for ^GSPTXDV and SPYD. For additional features, visit the drawdowns tool.
Volatility
^GSPTXDV vs. SPYD - Volatility Comparison
S&P/TSX Dividend Aristocrats (^GSPTXDV) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD) have volatilities of 2.33% and 2.40%, 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.