HINC vs SPY
Hartford High Yield ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, HINC or SPY?
High Yield Bond against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y.
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 | HINC | SPY |
|---|---|---|
| Expense Ratio | 0.50% | 0.09%Best |
| AUM | $391M | $797.9B |
| Dividend Yield | 0.67% | 1.00% |
| Holdings | 196 | 504 |
| YTD Return | +0.69% | +11.28%Best |
| 1Y Return | - | +13.46% |
| 3Y Return (annualized) | - | +20.37% |
| 5Y Return (annualized) | - | +11.54% |
| Fund Family | Hartford Funds | State Street Investment Management |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Blend |
| Inception | Sep 30, 1998 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
HINC 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
HINC vs SPY Performance
Hartford High Yield ETF (HINC) is an ETF from Hartford Funds and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, HINC is up 0.69% versus a gain of 11.28% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
HINC charges 0.50% per year while SPY charges 0.09%. On a $10,000 position that is $50 vs $9 annually, a gap of $41 per year that compounds over a long holding period. On income, HINC currently yields 0.67% against 1.00% for SPY.
Holdings Overlap
At least 0.1% of SPY's money is in holdings HINC also owns.
Stated as a floor: for HINC, our book for it covers 55.4% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 102 positions we hold weights for in HINC and 502 in SPY, against full books of 196 and 504.
Top Shared Holdings
| Stock | Weight in HINC | Weight in SPY | Difference |
|---|---|---|---|
| ARESAres Management Corp 6.75% Ser | 0.22% | 0.05% | 0.17% |
You are not choosing between two funds in isolation.
Whichever of HINC and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HINC or SPY?
HINC has an expense ratio of 0.50% while SPY charges 0.09%. SPY is the cheaper option, by $41 a year on a $10,000 investment.
Which pays a higher dividend, HINC or SPY?
HINC yields 0.67% while SPY yields 1.00%, so SPY currently pays the higher dividend yield.
Is SPY better than HINC?
SPY has a lower expense ratio. SPY led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.