HDEF vs SPY

Comparison between XTRACKERS MSCI EAFE HIGH DIVIDEND YIELD EQUITY ETF (HDEF, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed HDEF, delivering a return of +13.3% compared to +10.2%

HDEF vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HDEF(ETF)	SPY(ETF)
Net Assets	$2.20B	$652B
Expense Ratio	0.09%	0.09%
Max Drawdown	38.17%	56.47%
Sharpe Ratio	1.32	2.07
5Y Beta	0.43	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	2.87%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

HDEF

$2.20B

Winner

SPY

$652B

Expense Ratio

HDEF

0.09%

SPY

0.09%

Max Drawdown

Winner

HDEF

38.17%

SPY

56.47%

Sharpe Ratio

HDEF

1.32

Winner

SPY

2.07

5Y Beta

Winner

HDEF

0.43

SPY

1.00

P/E Ratio

HDEF

N/A

SPY

28.24

Forward P/E

HDEF

N/A

SPY

21.85

5Y Dividends CAGR

HDEF

2.87%

Winner

SPY

5.43%

5Y EPS CAGR

HDEF

N/A

SPY

25.79%

Debt to Equity

HDEF

N/A

SPY

22.35%

P/S Ratio

HDEF

N/A

SPY

3.55

P/B Ratio

HDEF

N/A

SPY

5.29

HDEF vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	HDEF	SPY
1 month	-1.03%	+9.11%
3 months	-1.16%	+6.59%
6 months	+10.66%	+10.56%
1 year	+21.39%	+32.04%
5 years(CAGR)	+10.24%	+13.35%
10 years(CAGR)	+8.88%	+15.49%
Max(CAGR)	+7.70%	+8.50%

HDEF

-1.03%

Winner

SPY

+9.11%

HDEF

-1.16%

Winner

SPY

+6.59%

Winner

HDEF

+10.66%

SPY

+10.56%

HDEF

+21.39%

Winner

SPY

+32.04%

5Y(CAGR)

HDEF

+10.24%

Winner

SPY

+13.35%

10Y(CAGR)

HDEF

+8.88%

Winner

SPY

+15.49%

Max(CAGR)

HDEF

+7.70%

Winner

SPY

+8.50%

HDEF vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HDEF	SPY
2026	+5.46%	+8.27%
2025	+33.36%	+18.00%
2024	+3.36%	+25.59%
2023	+17.51%	+26.72%
2022	-3.03%	-18.64%
2021	+6.01%	+30.52%
2020	-2.76%	+17.28%
2019	+25.44%	+31.09%
2018	-13.77%	-5.24%
2017	+9.90%	+20.78%
2016	+13.43%	+13.59%
2015	-4.66%	+1.31%
2014	N/A	+14.56%
2013	N/A	+29.00%
2012	N/A	+14.17%
2011	N/A	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

HDEF vs SPY Drawdown Comparison

The maximum drawdown for HDEF was -36.42%, occurring on Mar 23, 2020. Recovery took 255 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current HDEF drawdown is -3.74%.

Rank	HDEF	SPY
#1	-36.42% Jan 2, 2020 - Jan 6, 2021	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-23.69% Feb 9, 2022 - Apr 6, 2023	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-17.55% Jan 22, 2018 - Oct 24, 2019	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-14.95% Aug 18, 2015 - Aug 10, 2016	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-11.15% Sep 26, 2024 - Mar 5, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-10.60% Mar 18, 2025 - Apr 22, 2025	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-9.31% Jun 15, 2021 - Jan 12, 2022	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-8.79% Jul 26, 2023 - Dec 13, 2023	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-8.02% Feb 27, 2026 - Mar 20, 2026	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-6.39% May 8, 2023 - Jun 15, 2023	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-5.63% Dec 9, 2016 - Jan 10, 2017	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-5.46% Dec 27, 2023 - Mar 20, 2024	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-4.72% Jan 8, 2021 - Mar 16, 2021	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-4.35% Nov 2, 2017 - Jan 9, 2018	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-4.24% May 17, 2024 - Jul 12, 2024	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between HDEF and SPY is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (1999 - 2026)

HDEF vs SPY dividend yield comparison.

Year	HDEF	SPY
2026	0.45%	0.24%
2025	3.88%	1.07%
2024	4.53%	1.21%
2023	4.38%	1.40%
2022	5.41%	1.65%
2021	4.76%	1.20%
2020	3.93%	1.52%
2019	4.20%	1.75%
2018	3.55%	2.04%
2017	3.38%	1.80%
2016	9.52%	2.03%
2015	1.87%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	0.00%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%