^DJI vs. SPY
Compare and contrast key facts about Dow Jones Industrial Average (^DJI) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DJI or SPY.
Correlation
The correlation between ^DJI and SPY is 0.91, 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. SPY - Performance Comparison
Key characteristics
^DJI:
1.27
SPY:
1.81
^DJI:
1.85
SPY:
2.43
^DJI:
1.23
SPY:
1.33
^DJI:
2.17
SPY:
2.73
^DJI:
5.89
SPY:
11.35
^DJI:
2.52%
SPY:
2.03%
^DJI:
11.68%
SPY:
12.77%
^DJI:
-53.78%
SPY:
-55.19%
^DJI:
-1.21%
SPY:
-0.80%
Returns By Period
In the year-to-date period, ^DJI achieves a 4.53% return, which is significantly higher than SPY's 3.20% return. Over the past 10 years, ^DJI has underperformed SPY with an annualized return of 9.49%, while SPY has yielded a comparatively higher 13.17% annualized return.
^DJI
4.53%
6.04%
12.99%
14.99%
8.55%
9.49%
SPY
3.20%
4.20%
14.15%
22.23%
14.16%
13.17%
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Risk-Adjusted Performance
^DJI vs. SPY — Risk-Adjusted Performance Rank
^DJI
SPY
^DJI vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Industrial Average (^DJI) and SPDR S&P 500 ETF (SPY). 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. SPY - Drawdown Comparison
The maximum ^DJI drawdown since its inception was -53.78%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^DJI and SPY. For additional features, visit the drawdowns tool.
Volatility
^DJI vs. SPY - Volatility Comparison
The current volatility for Dow Jones Industrial Average (^DJI) is 3.54%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.82%. This indicates that ^DJI experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.