^DJT vs. EVX

Last updated Jun 5, 2026

^DJT (Dow Jones Transportation Average) is an index, while EVX (VanEck Vectors Environmental Services ETF) is Industrials Equities fund tracking the NYSE Arca Environmental Services Index. Over the past 10 years, ^DJT returned 10.85%/yr vs 11.92%/yr for EVX. A 0.62 correlation means they provide meaningful diversification when combined.

Performance

^DJT vs. EVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dow Jones Transportation Average (^DJT) and VanEck Vectors Environmental Services ETF (EVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ^DJT achieves a 25.44% return, which is significantly higher than EVX's 3.50% return. Over the past 10 years, ^DJT has underperformed EVX with an annualized return of 10.85%, while EVX has yielded a comparatively higher 11.92% annualized return.

^DJT

• 1D: 1.36%
• 1M: 8.76%
• YTD: 25.44%
• 6M: 27.58%
• 1Y: 48.18%
• 3Y*: 15.89%
• 5Y*: 7.08%
• 10Y*: 10.85%

EVX

• 1D: 0.50%
• 1M: -0.77%
• YTD: 3.50%
• 6M: 2.17%
• 1Y: 6.14%
• 3Y*: 10.59%
• 5Y*: 7.23%
• 10Y*: 11.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

^DJT vs. EVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^DJT Dow Jones Transportation Average	25.44%	9.19%	-0.02%	18.72%	-18.73%	31.75%	14.73%	18.87%	-13.59%	17.34%
EVX VanEck Vectors Environmental Services ETF	3.50%	11.72%	12.99%	12.97%	-10.58%	27.47%	13.28%	28.41%	-3.82%	16.05%

Correlation

The correlation between ^DJT and EVX is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.64
Correlation (All Time) Calculated using the full available price history since Oct 17, 2006	0.62

The correlation between ^DJT and EVX shifts across timeframes, from 0.53 (1 year) to 0.69 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

^DJT vs. EVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^DJT

^DJT Risk / Return Rank: 66
^DJT Sharpe Ratio Rank: 70
^DJT Sortino Ratio Rank: 66
^DJT Omega Ratio Rank: 71
^DJT Calmar Ratio Rank: 65
^DJT Martin Ratio Rank: 56

EVX

EVX Risk / Return Rank: 16
EVX Sharpe Ratio Rank: 17
EVX Sortino Ratio Rank: 16
EVX Omega Ratio Rank: 16
EVX Calmar Ratio Rank: 16
EVX Martin Ratio Rank: 16

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.

^DJT vs. EVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dow Jones Transportation Average (^DJT) and VanEck Vectors Environmental Services ETF (EVX). 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.

	^DJT	EVX	Difference
Sharpe ratio: Return per unit of total volatility	2.05	0.45	+1.59
Sortino ratio: Return per unit of downside risk	2.58	0.72	+1.86
Omega ratio: Gain probability vs. loss probability	1.37	1.09	+0.28
Calmar ratio: Return relative to maximum drawdown	2.68	0.57	+2.11
Martin ratio: Return relative to average drawdown	8.04	1.34	+6.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^DJT vs. EVX - Sharpe Ratio Comparison

The current ^DJT Sharpe Ratio is 2.05, which is higher than the EVX Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of ^DJT and EVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	^DJT	EVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	0.45	+1.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.41	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	0.59	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.43	-0.03

Drawdowns

^DJT vs. EVX - Drawdown Comparison

The maximum ^DJT drawdown since its inception was -60.92%, which is greater than EVX's maximum drawdown of -55.91%. Use the drawdown chart below to compare losses from any high point for ^DJT and EVX.

Drawdown Indicators

	^DJT	EVX	Difference
Max Drawdown Largest peak-to-trough decline	-60.92%	-55.91%	-5.01%
Max Drawdown (1Y) Largest decline over 1 year	-18.08%	-10.85%	-7.23%
Max Drawdown (3Y) Largest decline over 3 years	-28.82%	-19.33%	-9.49%
Max Drawdown (5Y) Largest decline over 5 years	-29.58%	-21.45%	-8.13%
Max Drawdown (10Y) Largest decline over 10 years	-42.06%	-41.01%	-1.05%
Current Drawdown Current decline from peak	-9.03%	-6.50%	-2.53%
Average Drawdown Average peak-to-trough decline	-13.02%	-8.76%	-4.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.01%	4.58%	+1.43%

Volatility

^DJT vs. EVX - Volatility Comparison

Dow Jones Transportation Average (^DJT) has a higher volatility of 4.47% compared to VanEck Vectors Environmental Services ETF (EVX) at 3.50%. This indicates that ^DJT's price experiences larger fluctuations and is considered to be riskier than EVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^DJT	EVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.47%	3.50%	+0.97%
Volatility (6M) Calculated over the trailing 6-month period	19.62%	9.91%	+9.71%
Volatility (1Y) Calculated over the trailing 1-year period	23.64%	13.58%	+10.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.59%	17.60%	+5.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.70%	20.25%	+3.45%

Frequently Asked Questions

Can I hold both ^DJT and EVX in my portfolio?

^DJT and EVX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ^DJT or EVX?

^DJT has higher volatility (4.47%) compared to EVX (3.50%). In terms of maximum drawdown, ^DJT dropped -60.92% vs EVX's -55.91%.

Which has better risk-adjusted returns?

^DJT currently has the higher Sharpe Ratio (2.05 vs 0.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.