HART vs SPY
NYLI Healthy Hearts ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | HART | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.09% | |
| AUM | $9M | $821.1B | |
| Dividend Yield | 1.62% | 1.01% | |
| Holdings | 71 | 505 | |
| YTD Return | +1.15% | +12.68% | |
| 1Y Return | -4.58% | +21.82% | |
| 3Y Return (annualized) | +5.70% | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 13.6% | 15.3% | |
| Max Drawdown | -17.4% | -56.5% | |
| Fund Family | INDEXIQ ETF TRUST | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jan 14, 2021 | Jan 22, 1993 |
HART vs SPY Performance
NYLI Healthy Hearts ETF (HART) is a ETF from INDEXIQ ETF TRUST and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year HART returned -4.58% while SPY returned +21.82%. Year to date, HART is up 1.15% versus a gain of 12.68% for SPY.
Over three years, HART compounded at +5.70% per year against +21.98% for SPY. Across the full 5-year window we track, SPY has the edge at +8.81% annualized vs +5.88%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 13.6% for HART. 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 HART 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HART charges 0.45% per year while SPY charges 0.09%. On a $10,000 position that is $45 vs $9 annually, a gap of $36 per year that compounds over a long holding period. On income, HART currently yields 1.62% against 1.01% for SPY.
Frequently Asked Questions
Which is cheaper, HART or SPY?
HART has an expense ratio of 0.45% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, HART or SPY?
Over the past year HART returned -4.58% vs +21.82% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (5 years), HART annualized +5.88% vs +8.81% for SPY. Past performance does not guarantee future results.
Which is riskier, HART or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 13.6% for HART. Worst drawdown: HART -17.4% vs SPY -56.5%.
Should I hold both HART and SPY?
HART and SPY have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, HART or SPY?
HART yields 1.62% while SPY yields 1.01%, so HART currently pays the higher dividend yield.
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