HEMI vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricHEMISPYWinner
Expense Ratio0.49%0.09%
AUM$35M$789.1B
Dividend Yield4.98%1.01%
Holdings87505
YTD Return+4.40%+13.28%
1Y Return-+23.94%
3Y Return (annualized)-+21.07%
5Y Return (annualized)-+13.27%
Volatility (annualized)-15.3%
Max Drawdown-9.8%-56.5%
Fund FamilyHartford FundsState Street Investment Management
CategoryEquityEquity
InceptionDec 16, 2025Jan 22, 1993

HEMI vs SPY Performance

Hartford Equity Premium Income ETF (HEMI) is a ETF from Hartford Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, HEMI is up 4.40% versus a gain of 13.28% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -9.8% for HEMI and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

HEMI charges 0.49% per year while SPY charges 0.09%. On a $10,000 position that is $49 vs $9 annually, a gap of $40 per year that compounds over a long holding period. On income, HEMI currently yields 4.98% against 1.01% for SPY.

Holdings Overlap

49.0%overlap

HEMI and SPY share 64 holdings out of 516 unique holdings combined, representing a 49.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in HEMIWeight in SPYDifference
NVDA8.34%7.31%1.03%
AAPL7.02%7.09%0.07%
MSFT5.08%4.43%0.65%
GOOGLProProPro
AMZNProProPro
AVGOProProPro
METAProProPro
LLYProProPro
JPMProProPro
AMDProProPro
See all 10 holdings HEMI shares with SPY
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, HEMI or SPY?

HEMI has an expense ratio of 0.49% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $40 per year of difference.

What is the holdings overlap between HEMI and SPY?

HEMI and SPY share 64 common holdings with a 49.0% weight overlap. Combined, they hold 516 unique securities.

Which pays a higher dividend, HEMI or SPY?

HEMI yields 4.98% while SPY yields 1.01%, so HEMI currently pays the higher dividend yield.

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