HDUS vs SPY
Hartford Disciplined US Equity ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, HDUS or SPY?
Nearly the same fund. SPY costs less.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.99. HDUS is less concentrated, with 35.5% of the fund in its ten largest positions against 37.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HDUS | SPY |
|---|---|---|
| Expense Ratio | 0.19% | 0.09%Best |
| AUM | $114M | $804.7B |
| Dividend Yield | 1.27% | 0.98% |
| Holdings | 242 | 505 |
| YTD Return | +12.72%Best | +12.09% |
| 1Y Return | +15.38% | +16.29%Best |
| 3Y Return (annualized) | +20.30% | +21.20%Best |
| 5Y Return (annualized) | - | +13.37% |
| Volatility (annualized) | 12.3%Best | 13.0% |
| Max Drawdown | -18.2%Best | -18.8% |
| $10,000 over 3.8 years | $19,128 | $20,165Best |
| Top 10 Weight | 35.5%Best | 37.8% |
| Fund Family | Hartford Funds | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 16, 2022 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Nov 17, 2022 to Sep 18, 2026 (3.8 years).
HDUS vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.8 years both funds cover.
HDUS vs SPY Performance
Hartford Disciplined US Equity ETF (HDUS) is an ETF from Hartford Funds and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year HDUS returned +15.38% while SPY returned +16.29%. Year to date, HDUS is up 12.72% versus a gain of 12.09% for SPY.
Over three years, HDUS compounded at +20.30% per year against +21.20% for SPY. Across the full 4-year window we track, SPY has the edge at +20.27% annualized vs +18.61%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 12.3% for HDUS. 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 -18.2% for HDUS and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HDUS 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, HDUS currently yields 1.27% against 0.98% for SPY.
Holdings Overlap
85.0% of HDUS's money is in holdings SPY also owns. 73.6% of SPY's money is in holdings HDUS also owns.
Most of HDUS is already inside SPY. Owning both mostly buys the same companies twice.
180 positions in common, counted across the 238 positions we hold weights for in HDUS and 504 in SPY, against full books of 242 and 505.
What only one of them owns
Our book lists 318 positions for SPY that do not appear in our book for HDUS (25.8% of the fund), and 56 for HDUS that do not appear in SPY (14.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in HDUS | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.25% | 8.01% | 0.76% |
| AAPLApple, Inc | 5.50% | 7.26% | 1.76% |
| MSFTMicrosoft Corp | 6.13% | 5.66% | 0.47% |
| GOOGLAlphabet Inc,class A | 5.13% | 2.99% | 2.14% |
| AMZNAmazon.Com Inc | 3.63% | 3.79% | 0.16% |
| AVGOBroadcom Inc | 2.23% | 2.66% | 0.43% |
| METAMeta Platforms Inc | 1.92% | 1.93% | 0.01% |
| MUMicron Technology, Inc. | 1.10% | 1.60% | 0.50% |
| TSLATesla Inc | 1.13% | 1.52% | 0.39% |
| JPMJpmorgan Chase | 1.02% | 1.45% | 0.43% |
85.0% of HDUS is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HDUS or SPY?
HDUS has an expense ratio of 0.19% while SPY charges 0.09%. SPY is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, HDUS or SPY?
Over the past year HDUS returned +15.38% vs +16.29% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (4 years), HDUS annualized +18.61% vs +20.27% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HDUS or SPY?
SPY has been the more volatile fund at 13.0% annualized versus 12.3% for HDUS. Worst drawdown: HDUS -18.2% vs SPY -18.8%.
Should I hold both HDUS and SPY?
HDUS and SPY have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between HDUS and SPY?
85.0% of HDUS's money is in holdings SPY also owns. 73.6% of SPY's is in holdings HDUS also owns. They hold 180 positions in common, counted across the 238 positions we hold weights for in HDUS and 504 in SPY.
Which pays a higher dividend, HDUS or SPY?
HDUS yields 1.27% while SPY yields 0.98%, so HDUS currently pays the higher dividend yield.
Is SPY better than HDUS?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.99. HDUS is less concentrated, with 35.5% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.