^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 0.72, 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
Key characteristics
^DJT:
-0.00
SPY:
2.29
^DJT:
0.13
SPY:
3.04
^DJT:
1.01
SPY:
1.43
^DJT:
-0.00
SPY:
3.40
^DJT:
-0.00
SPY:
15.01
^DJT:
4.37%
SPY:
1.90%
^DJT:
17.75%
SPY:
12.46%
^DJT:
-60.92%
SPY:
-55.19%
^DJT:
-9.52%
SPY:
-0.74%
Returns By Period
In the year-to-date period, ^DJT achieves a 1.03% return, which is significantly lower than SPY's 28.13% return. Over the past 10 years, ^DJT has underperformed SPY with an annualized return of 5.75%, while SPY has yielded a comparatively higher 13.16% annualized return.
^DJT
1.03%
-7.51%
6.28%
0.00%
7.99%
5.75%
SPY
28.13%
1.31%
11.08%
28.58%
15.00%
13.16%
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Risk-Adjusted Performance
^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.
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.
Volatility
^DJT vs. SPY - Volatility Comparison
Dow Jones Transportation Average (^DJT) has a higher volatility of 4.65% compared to SPDR S&P 500 ETF (SPY) at 3.97%. 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.