^DJT vs. SPY
Compare and contrast key facts about Dow Jones Transportation Average (^DJT) 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: ^DJT or SPY.
Correlation
The correlation between ^DJT and SPY is 0.73, 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
^DJT vs. SPY - Performance Comparison
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Key characteristics
^DJT:
-0.10
SPY:
0.69
^DJT:
0.02
SPY:
1.17
^DJT:
1.00
SPY:
1.18
^DJT:
-0.09
SPY:
0.80
^DJT:
-0.26
SPY:
3.08
^DJT:
10.38%
SPY:
4.88%
^DJT:
25.08%
SPY:
20.26%
^DJT:
-60.92%
SPY:
-55.19%
^DJT:
-14.62%
SPY:
-2.76%
Returns By Period
In the year-to-date period, ^DJT achieves a -4.63% return, which is significantly lower than SPY's 1.69% return. Over the past 10 years, ^DJT has underperformed SPY with an annualized return of 5.97%, while SPY has yielded a comparatively higher 12.78% annualized return.
^DJT
-4.63%
12.80%
-12.01%
-2.21%
12.78%
5.97%
SPY
1.69%
12.88%
2.09%
13.66%
16.78%
12.78%
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Risk-Adjusted Performance
^DJT vs. SPY — Risk-Adjusted Performance Rank
^DJT
SPY
^DJT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Transportation Average (^DJT) 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.
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Drawdowns
^DJT vs. SPY - Drawdown Comparison
The maximum ^DJT drawdown since its inception was -60.92%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^DJT and SPY. For additional features, visit the drawdowns tool.
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Volatility
^DJT vs. SPY - Volatility Comparison
Dow Jones Transportation Average (^DJT) has a higher volatility of 9.21% compared to SPDR S&P 500 ETF (SPY) at 5.51%. This indicates that ^DJT's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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