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Dow Jones U.S. Mid-Cap Index

Often compared with ^DJUSM:
^DJUSM vs. NQ=F^DJUSM vs. SPY

Performance

^DJUSM Performance Chart

Dow Jones U.S. Mid-Cap Index (^DJUSM) is up 12.2% since the beginning of the year. ^DJUSM is currently trading at $2,321 per share. Investors who bought $1,000 worth of ^DJUSM shares 5 years ago would now be looking at an investment worth $1,478.


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S&P 500 Index

Returns By Period

Dow Jones U.S. Mid-Cap Index (^DJUSM) has returned 12.15% so far this year and 19.64% over the past 12 months. Over the last ten years, ^DJUSM has returned 11.33% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Dow Jones U.S. Mid-Cap Index

1D
0.33%
1M
3.42%
YTD
12.15%
6M
10.69%
1Y
19.64%
3Y*
16.53%
5Y*
8.12%
10Y*
11.33%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

^DJUSM Monthly Returns History

Based on dividend-adjusted daily data since Feb 14, 2000, ^DJUSM's average daily return is +0.04%, while the average monthly return is +0.80%. At this rate, an investment would double in approximately 7.2 years.

Historically, 59% of months were positive and 41% were negative. The best month was Apr 2009 with a return of +15.5%, while the worst month was Oct 2008 at -22.4%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ^DJUSM closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +11.3%, while the worst single day was Mar 16, 2020 at -12.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.94%3.39%-5.78%7.78%2.48%2.24%12.15%
20254.20%-1.40%-4.34%0.14%5.66%3.70%2.24%1.15%2.11%-1.26%0.22%-0.88%11.70%
2024-0.73%4.67%4.36%-4.58%1.87%-0.31%3.34%2.52%2.03%-0.74%8.64%-6.79%14.17%
20236.87%-2.77%-0.73%-0.50%-2.91%7.49%3.59%-3.49%-4.65%-3.85%9.79%6.13%14.40%
2022-6.79%-1.52%2.89%-7.67%0.10%-9.78%8.91%-2.74%-9.18%9.52%5.82%-5.44%-16.97%
2021-0.97%5.55%2.53%5.14%1.16%1.72%2.02%2.00%-3.99%6.19%-2.84%4.52%24.91%

Benchmark Metrics

Dow Jones U.S. Mid-Cap Index has an annualized alpha of 1.77%, beta of 1.03, and R2 of 0.92 versus S&P 500 Index. Calculated based on daily prices since February 14, 2000.

  • This index captured 109.95% of S&P 500 Index gains and 101.11% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • With beta of 1.03 and R2 of 0.92, 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
1.77%
Beta
1.03
0.92
Upside Capture
109.95%
Downside Capture
101.11%

Return for Risk

Risk / Return Rank

^DJUSM ranks 55 for risk / return — on par with similar indices. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


^DJUSM Risk / Return Rank: 5555
Overall Rank
^DJUSM Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
^DJUSM Sortino Ratio Rank: 5151
Sortino Ratio Rank
^DJUSM Omega Ratio Rank: 5050
Omega Ratio Rank
^DJUSM Calmar Ratio Rank: 6060
Calmar Ratio Rank
^DJUSM Martin Ratio Rank: 6161
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 U.S. Mid-Cap Index (^DJUSM) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


^DJUSMBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.43

Sortino ratioReturn per unit of downside risk

-0.48

Omega ratioGain probability vs. loss probability

1.28

1.37

-0.09

Calmar ratioReturn relative to maximum drawdown

2.52

2.78

-0.27

Martin ratioReturn relative to average drawdown

9.13

12.44

-3.31

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 U.S. Mid-Cap 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 U.S. Mid-Cap Index was 60.72%, occurring on Mar 9, 2009. Recovery took 764 trading sessions.

The current Dow Jones U.S. Mid-Cap Index drawdown is 0.48%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-60.72%Mar 2009
1y 7mo3y 11d
4y 8moJul 2007 - Mar 2012
COVID crash2020
-39.59%Mar 2020
1mo 2d6mo 23d
7mo 25dFeb 2020 - Oct 2020
Dot-com crash2000–2002
-39.25%Oct 2002
2y 27d1y 3mo
3y 3moSep 2000 - Jan 2004
Bear market2022
-25.50%Oct 2022
11mo 1d1y 5mo
2y 4moNov 2021 - Mar 2024
Rate-hike selloffLate 2018
-20.91%Dec 2018
3mo 1d3mo 19d
6mo 20dSep 2018 - Apr 2019

Drawdown Indicators


^DJUSMBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-60.72%

-56.78%

-3.94%

Max Drawdown (1Y)

Largest decline over 1 year

-7.84%

-9.10%

+1.26%

Max Drawdown (3Y)

Largest decline over 3 years

-18.88%

-18.90%

+0.02%

Max Drawdown (5Y)

Largest decline over 5 years

-25.50%

-25.43%

-0.07%

Max Drawdown (10Y)

Largest decline over 10 years

-39.59%

-33.92%

-5.67%

Current Drawdown

Current decline from peak

-0.48%

-1.80%

+1.32%

Average Drawdown

Average peak-to-trough decline

-8.93%

-10.71%

+1.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.16%

2.03%

+0.13%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with ^DJUSM

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

Open Portfolio Analyzer with ^DJUSM