^DJUSM vs. SPY
Compare and contrast key facts about Dow Jones U.S. Mid-Cap Index (^DJUSM) 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: ^DJUSM or SPY.
Correlation
The correlation between ^DJUSM and SPY is 0.93, 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
^DJUSM vs. SPY - Performance Comparison
Key characteristics
^DJUSM:
1.46
SPY:
1.93
^DJUSM:
2.04
SPY:
2.59
^DJUSM:
1.26
SPY:
1.35
^DJUSM:
2.37
SPY:
2.93
^DJUSM:
6.49
SPY:
12.16
^DJUSM:
2.80%
SPY:
2.02%
^DJUSM:
12.42%
SPY:
12.73%
^DJUSM:
-60.72%
SPY:
-55.19%
^DJUSM:
-2.93%
SPY:
-1.31%
Returns By Period
In the year-to-date period, ^DJUSM achieves a 4.17% return, which is significantly higher than SPY's 2.68% return. Over the past 10 years, ^DJUSM has underperformed SPY with an annualized return of 9.13%, while SPY has yielded a comparatively higher 13.34% annualized return.
^DJUSM
4.17%
3.01%
14.60%
19.27%
9.67%
9.13%
SPY
2.68%
1.66%
15.99%
23.74%
14.27%
13.34%
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Risk-Adjusted Performance
^DJUSM vs. SPY — Risk-Adjusted Performance Rank
^DJUSM
SPY
^DJUSM vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Mid-Cap Index (^DJUSM) 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
^DJUSM vs. SPY - Drawdown Comparison
The maximum ^DJUSM drawdown since its inception was -60.72%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^DJUSM and SPY. For additional features, visit the drawdowns tool.
Volatility
^DJUSM vs. SPY - Volatility Comparison
The current volatility for Dow Jones U.S. Mid-Cap Index (^DJUSM) is 3.60%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.03%. This indicates that ^DJUSM 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.