CET vs. DIA
Compare and contrast key facts about Central Securities Corp. (CET) and SPDR Dow Jones Industrial Average ETF (DIA).
DIA is a passively managed fund by State Street that tracks the performance of the Dow Jones Industrial Average. It was launched on Jan 14, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CET or DIA.
Key characteristics
| CET | DIA | |
|---|---|---|
| YTD Return | 30.49% | 18.16% |
| 1Y Return | 40.18% | 30.16% |
| 3Y Return (Ann) | 10.59% | 8.80% |
| 5Y Return (Ann) | 14.36% | 11.73% |
| 10Y Return (Ann) | 13.18% | 11.90% |
| Sharpe Ratio | 3.93 | 2.76 |
| Sortino Ratio | 5.44 | 3.88 |
| Omega Ratio | 1.71 | 1.52 |
| Calmar Ratio | 4.17 | 5.02 |
| Martin Ratio | 28.46 | 15.89 |
| Ulcer Index | 1.41% | 1.91% |
| Daily Std Dev | 10.23% | 11.02% |
| Max Drawdown | -56.66% | -51.87% |
| Current Drawdown | -0.18% | -0.82% |
Correlation
The correlation between CET and DIA is 0.63, 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
CET vs. DIA - Performance Comparison
In the year-to-date period, CET achieves a 30.49% return, which is significantly higher than DIA's 18.16% return. Over the past 10 years, CET has outperformed DIA with an annualized return of 13.18%, while DIA has yielded a comparatively lower 11.90% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CET vs. DIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Central Securities Corp. (CET) and SPDR Dow Jones Industrial Average ETF (DIA). 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.
Dividends
CET vs. DIA - Dividend Comparison
CET's dividend yield for the trailing twelve months is around 0.52%, less than DIA's 1.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CET Central Securities Corp. | 0.52% | 4.90% | 8.83% | 8.41% | 2.60% | 1.72% | 5.84% | 3.65% | 4.50% | 1.52% | 7.97% | 17.03% |
DIA SPDR Dow Jones Industrial Average ETF | 1.57% | 1.81% | 1.91% | 1.58% | 1.87% | 2.09% | 2.24% | 1.97% | 2.26% | 2.33% | 2.02% | 2.08% |
Drawdowns
CET vs. DIA - Drawdown Comparison
The maximum CET drawdown since its inception was -56.66%, which is greater than DIA's maximum drawdown of -51.87%. Use the drawdown chart below to compare losses from any high point for CET and DIA. For additional features, visit the drawdowns tool.
Volatility
CET vs. DIA - Volatility Comparison
The current volatility for Central Securities Corp. (CET) is 3.86%, while SPDR Dow Jones Industrial Average ETF (DIA) has a volatility of 4.59%. This indicates that CET experiences smaller price fluctuations and is considered to be less risky than DIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.