^DJT vs. EVX
Compare and contrast key facts about Dow Jones Transportation Average (^DJT) and VanEck Vectors Environmental Services ETF (EVX).
EVX is a passively managed fund by VanEck that tracks the performance of the NYSE Arca Environmental Services Index. It was launched on Oct 16, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DJT or EVX.
Correlation
The correlation between ^DJT and EVX is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
^DJT vs. EVX - Performance Comparison
Key characteristics
^DJT:
0.61
EVX:
2.09
^DJT:
0.99
EVX:
2.83
^DJT:
1.11
EVX:
1.37
^DJT:
0.82
EVX:
2.61
^DJT:
2.70
EVX:
14.00
^DJT:
4.01%
EVX:
2.08%
^DJT:
17.88%
EVX:
13.97%
^DJT:
-60.92%
EVX:
-55.91%
^DJT:
-4.93%
EVX:
-2.41%
Returns By Period
In the year-to-date period, ^DJT achieves a 6.17% return, which is significantly lower than EVX's 22.88% return. Over the past 10 years, ^DJT has underperformed EVX with an annualized return of 6.53%, while EVX has yielded a comparatively higher 13.80% annualized return.
^DJT
6.17%
-3.34%
12.36%
10.33%
9.55%
6.53%
EVX
22.88%
-0.71%
12.30%
28.24%
12.53%
13.80%
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Risk-Adjusted Performance
^DJT vs. EVX - Risk-Adjusted Performance 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.
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. For additional features, visit the drawdowns tool.
Volatility
^DJT vs. EVX - Volatility Comparison
Dow Jones Transportation Average (^DJT) has a higher volatility of 4.75% compared to VanEck Vectors Environmental Services ETF (EVX) at 4.22%. 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.