^DJI vs. IVW
Compare and contrast key facts about Dow Jones Industrial Average (^DJI) and iShares S&P 500 Growth ETF (IVW).
IVW is a passively managed fund by iShares that tracks the performance of the S&P 500/Citigroup Growth Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DJI or IVW.
Key characteristics
^DJI | IVW | |
---|---|---|
YTD Return | 9.83% | 24.59% |
1Y Return | 18.58% | 31.00% |
3Y Return (Ann) | 6.20% | 7.27% |
5Y Return (Ann) | 8.76% | 16.52% |
10Y Return (Ann) | 9.25% | 14.57% |
Sharpe Ratio | 1.82 | 1.90 |
Daily Std Dev | 10.83% | 16.83% |
Max Drawdown | -53.78% | -57.35% |
Current Drawdown | -0.41% | -3.84% |
Correlation
The correlation between ^DJI and IVW is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^DJI vs. IVW - Performance Comparison
In the year-to-date period, ^DJI achieves a 9.83% return, which is significantly lower than IVW's 24.59% return. Over the past 10 years, ^DJI has underperformed IVW with an annualized return of 9.25%, while IVW has yielded a comparatively higher 14.57% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^DJI vs. IVW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Industrial Average (^DJI) and iShares S&P 500 Growth ETF (IVW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
^DJI vs. IVW - Drawdown Comparison
The maximum ^DJI drawdown since its inception was -53.78%, smaller than the maximum IVW drawdown of -57.35%. Use the drawdown chart below to compare losses from any high point for ^DJI and IVW. For additional features, visit the drawdowns tool.
Volatility
^DJI vs. IVW - Volatility Comparison
The current volatility for Dow Jones Industrial Average (^DJI) is 3.26%, while iShares S&P 500 Growth ETF (IVW) has a volatility of 5.98%. This indicates that ^DJI experiences smaller price fluctuations and is considered to be less risky than IVW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.