AZNH vs SPY

AZNH vs SPY
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Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricAZNHSPYWinner
Expense Ratio0.19%0.09%
AUM$1M$821.1B
Dividend Yield1.07%1.01%
Holdings2505
YTD Return-1.50%+12.68%
1Y Return+18.04%+21.82%
3Y Return (annualized)-+21.98%
5Y Return (annualized)-+12.89%
Volatility (annualized)21.7%15.3%
Max Drawdown-17.4%-56.5%
Fund FamilyADRHState Street Investment Management
CategoryAlternativeEquity
InceptionOct 1, 2024Jan 22, 1993

AZNH vs SPY Performance

AstraZeneca PLC ADRhedged (AZNH) is a ETF from ADRH and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year AZNH returned +18.04% while SPY returned +21.82%. Year to date, AZNH is down 1.50% versus a gain of 12.68% for SPY.

Risk: Volatility and Drawdowns

AZNH has been the more volatile fund, with annualized monthly volatility of 21.7% compared with 15.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -17.4% for AZNH and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.06. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

AZNH charges 0.19% per year while SPY charges 0.09%. On a $10,000 position that is $19 vs $9 annually, a gap of $10 per year that compounds over a long holding period. On income, AZNH currently yields 1.07% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

AZNH and SPY share 0 holdings out of 505 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, AZNH or SPY?

AZNH has an expense ratio of 0.19% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $10 per year of difference.

Which performed better, AZNH or SPY?

Over the past year AZNH returned +18.04% vs +21.82% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), AZNH annualized +11.55% vs +8.81% for SPY. Past performance does not guarantee future results.

Which is riskier, AZNH or SPY?

AZNH has been the more volatile fund at 21.7% annualized versus 15.3% for SPY. Worst drawdown: AZNH -17.4% vs SPY -56.5%.

Should I hold both AZNH and SPY?

AZNH and SPY have a monthly-return correlation of 0.06, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between AZNH and SPY?

AZNH and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 505 unique securities.

Which pays a higher dividend, AZNH or SPY?

AZNH yields 1.07% while SPY yields 1.01%, so AZNH currently pays the higher dividend yield.

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