IHDG vs SPY
WisdomTree International Hedged Quality Dividend Growth Fund vs State Street SPDR S&P 500 ETF Trust
Which is better, IHDG or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. IHDG is less concentrated, with 29.6% of the fund in its ten largest positions against 38.0%.
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 | IHDG | SPY |
|---|---|---|
| Expense Ratio | 0.58% | 0.09%Best |
| AUM | $2.2B | $804.7B |
| Dividend Yield | 1.78% | 0.98% |
| Holdings | 271 | 505 |
| YTD Return | +6.71% | +11.52%Best |
| 1Y Return | +16.47% | +17.48%Best |
| 3Y Return (annualized) | +11.38% | +20.62%Best |
| 5Y Return (annualized) | +7.01% | +12.73%Best |
| Volatility (annualized) | 12.6%Best | 14.8% |
| Max Drawdown | -29.2%Best | -34.1% |
| $10,000 over 5 years | $14,032 | $18,205Best |
| Top 10 Weight | 29.6%Best | 38.0% |
| Fund Family | WisdomTree Investments | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | May 7, 2014 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: May 7, 2014 to Sep 10, 2026 (12.3 years).
IHDG 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 12.3 years both funds cover.
IHDG vs SPY Performance
WisdomTree International Hedged Quality Dividend Growth Fund (IHDG) is an ETF from WisdomTree Investments and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year IHDG returned +16.47% while SPY returned +17.48%. Year to date, IHDG is up 6.71% versus a gain of 11.52% for SPY.
Over three years, IHDG compounded at +11.38% per year against +20.62% for SPY; over five years the annualized figures are +7.01% and +12.73% respectively. Across the full 12-year window we track, SPY has the edge at +12.63% annualized vs +8.05%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 12.6% for IHDG. 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 -29.2% for IHDG and -34.1% 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IHDG charges 0.58% per year while SPY charges 0.09%. On a $10,000 position that is $58 vs $9 annually, a gap of $49 per year that compounds over a long holding period. On income, IHDG currently yields 1.78% against 0.98% for SPY.
Holdings Overlap
0.3% of IHDG's money is in holdings SPY also owns. 0.1% of SPY's money is in holdings IHDG also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 271 positions we hold weights for in IHDG and 504 in SPY, against full books of 271 and 505.
What only one of them owns
Our book lists 494 positions for SPY that do not appear in our book for IHDG (99.5% of the fund), and 8 for IHDG that do not appear in SPY (7.2%).
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 IHDG | Weight in SPY | Difference |
|---|---|---|---|
| UMG:ASUniversal Music Group NV | 0.31% | 0.06% | 0.25% |
You are not choosing between two funds in isolation.
Whichever of IHDG 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, IHDG or SPY?
IHDG has an expense ratio of 0.58% while SPY charges 0.09%. SPY is the cheaper option, by $49 a year on a $10,000 investment.
Which performed better, IHDG or SPY?
Over the past year IHDG returned +16.47% vs +17.48% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (12 years), IHDG annualized +8.05% vs +12.63% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IHDG or SPY?
SPY has been the more volatile fund at 14.8% annualized versus 12.6% for IHDG. Worst drawdown: IHDG -29.2% vs SPY -34.1%.
Should I hold both IHDG and SPY?
IHDG and SPY have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IHDG or SPY?
IHDG yields 1.78% while SPY yields 0.98%, so IHDG currently pays the higher dividend yield.
Is SPY better than IHDG?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. IHDG is less concentrated, with 29.6% of the fund in its ten largest positions against 38.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.