HYDR vs SPY
Global X Hydrogen ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. HYDR delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | HYDR | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.09% | |
| AUM | $84M | $789.1B | |
| Dividend Yield | 2.48% | 1.01% | |
| Holdings | 28 | 505 | |
| YTD Return | +36.78% | +13.68% | |
| 1Y Return | +96.99% | +21.53% | |
| 3Y Return (annualized) | +2.60% | +21.44% | |
| 5Y Return (annualized) | -15.84% | +13.18% | |
| Volatility (annualized) | 59.1% | 15.3% | |
| Max Drawdown | -89.3% | -56.5% | |
| Fund Family | Global X by mirae Asset | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jul 12, 2021 | Jan 22, 1993 |
HYDR vs SPY Performance
Global X Hydrogen ETF (HYDR) is a ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year HYDR returned +96.99% while SPY returned +21.53%. Year to date, HYDR is up 36.78% versus a gain of 13.68% for SPY.
Over three years, HYDR compounded at +2.60% per year against +21.44% for SPY; over five years the annualized figures are -15.84% and +13.18% respectively. Across the full 5-year window we track, SPY has the edge at +8.85% annualized vs -16.12%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HYDR has been the more volatile fund, with annualized monthly volatility of 59.1% 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 -89.3% for HYDR 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HYDR 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, HYDR currently yields 2.48% against 1.01% for SPY.
Holdings Overlap
HYDR and SPY share 3 holdings out of 525 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HYDR or SPY?
HYDR has an expense ratio of 0.50% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $41 per year of difference.
Which performed better, HYDR or SPY?
Over the past year HYDR returned +96.99% vs +21.53% for SPY, so HYDR leads on 1-year performance. Over the longest common window we track (5 years), HYDR annualized -16.12% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, HYDR or SPY?
HYDR has been the more volatile fund at 59.1% annualized versus 15.3% for SPY. Worst drawdown: HYDR -89.3% vs SPY -56.5%.
Should I hold both HYDR and SPY?
HYDR and SPY have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HYDR and SPY?
HYDR and SPY share 3 common holdings with a 0.3% weight overlap. Combined, they hold 525 unique securities.
Which pays a higher dividend, HYDR or SPY?
HYDR yields 2.48% while SPY yields 1.01%, so HYDR currently pays the higher dividend yield.
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