HCOM vs SPGM
HCOM vs SPGM
Hartford Schroders Commodity Strategy ETF vs State Street SPDR Portfolio MSCI Global Stock Market ETF
Quick Verdict
SPGM has a lower expense ratio. SPGM delivered stronger 1-year returns. SPGM offers more diversification with 2846 holdings.
Side-by-Side Comparison
| Metric | HCOM | SPGM | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.09% | |
| AUM | $9M | $1.7B | |
| Dividend Yield | 10.95% | 1.80% | |
| Holdings | 55 | 2,985 | |
| YTD Return | +0.71% | +14.76% | |
| 1Y Return | -4.90% | +27.05% | |
| 3Y Return (annualized) | -6.95% | +20.87% | |
| 5Y Return (annualized) | - | +11.68% | |
| Volatility (annualized) | 14.7% | 13.6% | |
| Max Drawdown | -28.8% | -34.0% | |
| Fund Family | Hartford Funds | SPDR State Street Global Advisors | |
| Category | Commodity | Equity | |
| Inception | Sep 14, 2021 | Feb 27, 2012 |
HCOM vs SPGM Performance
Hartford Schroders Commodity Strategy ETF (HCOM) is a ETF from Hartford Funds and State Street SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is a ETF from SPDR State Street Global Advisors. Over the past year HCOM returned -4.90% while SPGM returned +27.05%. Year to date, HCOM is up 0.71% versus a gain of 14.76% for SPGM.
Over three years, HCOM compounded at -6.95% per year against +20.87% for SPGM. Across the full 4-year window we track, SPGM has the edge at +9.92% annualized vs +0.68%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HCOM has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 13.6% for SPGM. 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 -28.8% for HCOM and -34.0% for SPGM. 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 0.26. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HCOM charges 0.59% per year while SPGM charges 0.09%. On a $10,000 position that is $59 vs $9 annually, a gap of $50 per year that compounds over a long holding period. On income, HCOM currently yields 10.95% against 1.80% for SPGM.
Frequently Asked Questions
Which is cheaper, HCOM or SPGM?
HCOM has an expense ratio of 0.59% while SPGM charges 0.09%. SPGM is the cheaper option. On a $10,000 investment, that is $50 per year of difference.
Which performed better, HCOM or SPGM?
Over the past year HCOM returned -4.90% vs +27.05% for SPGM, so SPGM leads on 1-year performance. Over the longest common window we track (4 years), HCOM annualized +0.68% vs +9.92% for SPGM. Past performance does not guarantee future results.
Which is riskier, HCOM or SPGM?
HCOM has been the more volatile fund at 14.7% annualized versus 13.6% for SPGM. Worst drawdown: HCOM -28.8% vs SPGM -34.0%.
Should I hold both HCOM and SPGM?
HCOM and SPGM have a monthly-return correlation of 0.26, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, HCOM or SPGM?
HCOM yields 10.95% while SPGM yields 1.80%, so HCOM currently pays the higher dividend yield.
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