HYDR vs SPY
Global X Hydrogen ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, HYDR or SPY?
Large Cap Value against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 73.5%.
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 | HYDR | SPY |
|---|---|---|
| Expense Ratio | 0.50% | 0.09%Best |
| AUM | $88M | $823.2B |
| Dividend Yield | 2.99% | 0.99% |
| Holdings | 28 | 1,515 |
| YTD Return | +16.51%Best | +13.53% |
| 1Y Return | -10.18% | +17.47%Best |
| 3Y Return (annualized) | +6.18% | +22.36%Best |
| 5Y Return (annualized) | -18.78% | +13.21%Best |
| Volatility (annualized) | 58.1% | 15.5%Best |
| Max Drawdown | -89.3% | -24.5%Best |
| $10,000 over 5 years | $3,534 | $18,596Best |
| Top 10 Weight | 73.5% | 38.2%Best |
| Fund Family | Global X by mirae Asset | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jul 12, 2021 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Jul 14, 2021 to Oct 14, 2026 (5.3 years).
HYDR 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 5.3 years both funds cover.
HYDR vs SPY Performance
Global X Hydrogen ETF (HYDR) is an ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year HYDR returned -10.18% while SPY returned +17.47%. Year to date, HYDR is up 16.51% versus a gain of 13.53% for SPY.
Over three years, HYDR compounded at +6.18% per year against +22.36% for SPY; over five years the annualized figures are -18.78% and +13.21% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HYDR has been the more volatile fund, with annualized monthly volatility of 58.1% compared with 15.5% 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 -24.5% 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 0.64. They move together some of the time, and apart the rest.
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 2.99% against 0.99% for SPY.
Holdings Overlap
5.0% of HYDR's money is in holdings SPY also owns. 0.2% of SPY's money is in holdings HYDR also owns.
HYDR and SPY share little of their money.
2 positions in common, counted across the 25 positions we hold weights for in HYDR and 504 in SPY, against full books of 28 and 1,515.
What only one of them owns
Our book lists 494 positions for SPY that do not appear in our book for HYDR (98.8% of the fund), and 4 for HYDR that do not appear in SPY (34.0%).
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.
You are not choosing between two funds in isolation.
Whichever of HYDR 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, HYDR or SPY?
HYDR 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 performed better, HYDR or SPY?
Over the past year HYDR returned -10.18% vs +17.47% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HYDR or SPY?
HYDR has been the more volatile fund at 58.1% annualized versus 15.5% for SPY. Worst drawdown: HYDR -89.3% vs SPY -24.5%.
Should I hold both HYDR and SPY?
HYDR and SPY have a monthly-return correlation of 0.64, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between HYDR and SPY?
5.0% of HYDR's money is in holdings SPY also owns. 0.2% of SPY's is in holdings HYDR also owns. They hold 2 positions in common, counted across the 25 positions we hold weights for in HYDR and 504 in SPY.
Which pays a higher dividend, HYDR or SPY?
HYDR yields 2.99% while SPY yields 0.99%, so HYDR currently pays the higher dividend yield.
Is SPY better than HYDR?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 73.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.