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Dow Jones Composite Average Index

Performance

^DJA Performance Chart

Dow Jones Composite Average Index (^DJA) is up 10.1% since the beginning of the year. ^DJA is currently trading at $16,457 per share. Investors who bought $1,000 worth of ^DJA shares 5 years ago would now be looking at an investment worth $1,420.


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S&P 500 Index

Returns By Period

Dow Jones Composite Average Index (^DJA) has returned 10.13% so far this year and 24.71% over the past 12 months. Over the last ten years, ^DJA has returned 10.15% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.


Dow Jones Composite Average Index

1D
0.40%
1M
2.78%
YTD
10.13%
6M
11.67%
1Y
24.71%
3Y*
13.91%
5Y*
7.26%
10Y*
10.15%

Benchmark (S&P 500 Index)

1D
0.13%
1M
5.25%
YTD
11.16%
6M
11.43%
1Y
28.20%
3Y*
21.12%
5Y*
12.66%
10Y*
13.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

^DJA Monthly Returns History

Based on dividend-adjusted daily data since Dec 23, 1980, ^DJA's average daily return is +0.04%, while the average monthly return is +0.78%. At this rate, an investment would double in approximately 7.4 years.

Historically, 61% of months were positive and 39% were negative. The best month was Aug 1982 with a return of +12.9%, while the worst month was Oct 1987 at -22.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ^DJA closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +11.4%, while the worst single day was Oct 19, 1987 at -20.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.61%2.94%-5.06%7.40%1.92%0.33%10.13%
20253.85%-1.41%-4.26%-3.59%4.29%4.03%0.69%2.58%1.31%1.82%1.32%0.81%11.59%
2024-0.29%1.79%2.43%-5.10%2.71%0.49%4.92%1.45%2.02%-1.18%7.35%-6.79%9.32%
20234.17%-3.25%1.05%0.96%-3.54%6.36%4.30%-3.73%-4.22%-2.77%8.15%4.76%11.74%
2022-4.36%-2.27%4.66%-5.87%-0.69%-6.84%7.71%-3.96%-10.45%11.91%6.49%-4.97%-10.63%
2021-2.29%3.59%8.01%3.55%1.55%-1.94%0.45%1.50%-4.63%7.72%-2.64%5.56%21.35%

Benchmark Metrics

Dow Jones Composite Average Index has an annualized alpha of 0.45%, beta of 0.90, and R2 of 0.89 versus S&P 500 Index. Calculated based on daily prices since December 24, 1980.

  • This index participated in 92.02% of S&P 500 Index downside but only 90.22% of its upside - more exposed to losses than it benefited from rallies.
  • With beta of 0.90 and R2 of 0.89, this index moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
0.45%
Beta
0.90
0.89
Upside Capture
90.22%
Downside Capture
92.02%

Return for Risk

Risk / Return Rank

^DJA ranks 70 for risk / return — better than 70% of indices on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


^DJA Risk / Return Rank: 7070
Overall Rank
^DJA Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
^DJA Sortino Ratio Rank: 7070
Sortino Ratio Rank
^DJA Omega Ratio Rank: 6969
Omega Ratio Rank
^DJA Calmar Ratio Rank: 7070
Calmar Ratio Rank
^DJA Martin Ratio Rank: 7070
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Dow Jones Composite Average Index (^DJA) and compare them to S&P 500 Index.


^DJABenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.00

2.39

-0.39

Sortino ratio

Return per unit of downside risk

2.83

3.25

-0.42

Omega ratio

Gain probability vs. loss probability

1.35

1.43

-0.09

Calmar ratio

Return relative to maximum drawdown

3.02

3.11

-0.09

Martin ratio

Return relative to average drawdown

10.49

14.38

-3.89

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Dow Jones Composite Average Index. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Dow Jones Composite Average Index was 53.60%, occurring on Mar 9, 2009. Recovery took 980 trading sessions.

The current Dow Jones Composite Average Index drawdown is 0.54%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-53.60%Mar 2009
1y 7mo3y 10mo
5y 6moJul 2007 - Jan 2013
Dot-com crash2000–2002
-40.06%Oct 2002
1y 4mo2y 2mo
3y 7moMay 2001 - Dec 2004
COVID crash2020
-37.18%Mar 2020
1mo 9d7mo 21d
9moFeb 2020 - Nov 2020
Black Monday1987
-34.11%Dec 1987
3mo 10d1y 7mo
1y 10moAug 1987 - Jul 1989
1990 bear market1990
-24.76%Oct 1990
1y 1d1y 2mo
2y 2moOct 1989 - Dec 1991

Drawdown Indicators


^DJABenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-53.60%

-56.78%

+3.18%

Max Drawdown (1Y)

Largest decline over 1 year

-8.21%

-9.10%

+0.89%

Max Drawdown (3Y)

Largest decline over 3 years

-18.51%

-18.90%

+0.39%

Max Drawdown (5Y)

Largest decline over 5 years

-21.69%

-25.43%

+3.74%

Max Drawdown (10Y)

Largest decline over 10 years

-37.18%

-33.92%

-3.26%

Current Drawdown

Current decline from peak

-0.54%

0.00%

-0.54%

Average Drawdown

Average peak-to-trough decline

-7.83%

-10.72%

+2.89%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.36%

1.97%

+0.39%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with ^DJA

Add Dow Jones Composite Average Index to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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