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IHD vs SPY

Comparison between Voya Emerging Markets High Dividend Equity Fund (IHD, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed IHD, delivering a return of +13.3% compared to +10.1%

IHD vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
IHD
$134M
Winner
SPY
$735B
Expense Ratio
IHD
N/A
SPY
0.09%
Max Drawdown
IHD
77.82%
Winner
SPY
56.47%
Sharpe Ratio
Winner
IHD
2.26
SPY
1.62
5Y Beta
Winner
IHD
0.64
SPY
1.00
P/E Ratio
IHD
N/A
SPY
28.99
Forward P/E
IHD
N/A
SPY
22.37
5Y Dividends CAGR
IHD
-0.14%
Winner
SPY
5.43%
5Y EPS CAGR
IHD
N/A
SPY
26.05%
Debt to Equity
IHD
N/A
SPY
32.40%
P/S Ratio
IHD
N/A
SPY
3.74
P/B Ratio
IHD
N/A
SPY
5.61

IHD vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
Winner
IHD
+8.18%
SPY
+1.90%
3M
Winner
IHD
+23.65%
SPY
+8.55%
6M
Winner
IHD
+31.82%
SPY
+8.18%
1Y
Winner
IHD
+51.84%
SPY
+25.79%
5Y(CAGR)
IHD
+10.12%
Winner
SPY
+13.32%
10Y(CAGR)
IHD
+11.94%
Winner
SPY
+15.19%
Max(CAGR)
IHD
+4.49%
Winner
SPY
+8.47%

IHD vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearIHDSPY
2026+27.41%+8.26%
2025+38.14%+18.00%
2024+8.90%+25.59%
2023+12.99%+26.72%
2022-17.91%-18.64%
2021+7.09%+30.52%
2020+0.64%+17.28%
2019+20.16%+31.09%
2018-11.36%-5.24%
2017+28.27%+20.78%
2016+17.18%+13.59%
2015-19.00%+1.31%
2014-2.10%+14.56%
2013-14.40%+29.00%
2012+22.18%+14.17%
2011-28.91%+0.85%
2010N/A+13.14%
2009N/A+22.67%
2008N/A-36.25%
2007N/A+5.32%
2006N/A+13.85%
2005N/A+5.32%
2004N/A+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

IHD vs SPY Drawdown Comparison

The maximum drawdown for IHD was -48.76%, occurring on Jan 20, 2016. Recovery took 2432 trading sessions.

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

The current IHD drawdown is -2.37%. The current SPY drawdown is -2.90%.

RankIHDSPY
#1-48.76%
May 10, 2011 - Jan 7, 2021
-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-36.21%
Jun 10, 2021 - May 13, 2025
-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-11.14%
Feb 20, 2026 - Apr 14, 2026
-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-7.77%
Jan 20, 2021 - Feb 11, 2021
-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-6.77%
Feb 19, 2021 - May 7, 2021
-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-6.16%
Oct 27, 2025 - Dec 26, 2025
-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-5.15%
Oct 7, 2025 - Oct 27, 2025
-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-4.17%
May 11, 2026 - May 26, 2026
-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-3.08%
May 7, 2021 - May 20, 2021
-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-2.50%
Jan 28, 2026 - Feb 9, 2026
-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-2.37%
Jun 3, 2026 - Jun 5, 2026
-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-1.93%
Jul 23, 2025 - Aug 7, 2025
-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-1.79%
Apr 22, 2026 - May 4, 2026
-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-1.72%
Jun 11, 2025 - Jun 24, 2025
-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-1.69%
Jul 3, 2025 - Jul 23, 2025
-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between IHD and SPY is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82
-101

Dividend Comparison (1999 - 2026)

IHD vs SPY dividend yield comparison.

YearIHDSPY
20263.51%0.24%
202510.53%1.07%
202412.57%1.21%
202310.21%1.40%
202213.95%1.65%
202110.14%1.20%
20209.92%1.52%
20199.14%1.75%
201810.15%2.04%
20178.31%1.80%
201611.74%2.03%
201514.00%2.06%
201411.12%1.87%
201311.03%1.81%
201210.39%2.18%
20119.18%2.05%
20100.00%1.80%
20090.00%1.95%
20080.00%3.02%
20070.00%1.85%
20060.00%1.73%
20050.00%1.73%
20040.00%1.82%
20030.00%1.47%
20020.00%1.70%
20010.00%1.25%
20000.00%1.15%
19990.00%0.24%

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