DAKT vs. SPY
Compare and contrast key facts about Daktronics, Inc. (DAKT) 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: DAKT or SPY.
Correlation
The correlation between DAKT and SPY is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DAKT vs. SPY - Performance Comparison
Key characteristics
DAKT:
0.61
SPY:
0.56
DAKT:
1.24
SPY:
0.92
DAKT:
1.16
SPY:
1.14
DAKT:
0.55
SPY:
0.59
DAKT:
1.68
SPY:
2.32
DAKT:
18.97%
SPY:
4.80%
DAKT:
52.39%
SPY:
20.01%
DAKT:
-92.89%
SPY:
-55.19%
DAKT:
-44.58%
SPY:
-8.17%
Returns By Period
In the year-to-date period, DAKT achieves a -19.10% return, which is significantly lower than SPY's -3.97% return. Over the past 10 years, DAKT has underperformed SPY with an annualized return of 4.33%, while SPY has yielded a comparatively higher 12.19% annualized return.
DAKT
-19.10%
19.54%
-6.38%
29.78%
25.79%
4.33%
SPY
-3.97%
11.26%
-4.45%
9.89%
15.66%
12.19%
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Risk-Adjusted Performance
DAKT vs. SPY — Risk-Adjusted Performance Rank
DAKT
SPY
DAKT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Daktronics, Inc. (DAKT) 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.
Dividends
DAKT vs. SPY - Dividend Comparison
DAKT has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.28%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DAKT Daktronics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.07% | 3.61% | 3.78% | 3.07% | 3.18% | 4.59% | 3.12% |
SPY SPDR S&P 500 ETF | 1.28% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DAKT vs. SPY - Drawdown Comparison
The maximum DAKT drawdown since its inception was -92.89%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DAKT and SPY. For additional features, visit the drawdowns tool.
Volatility
DAKT vs. SPY - Volatility Comparison
The current volatility for Daktronics, Inc. (DAKT) is 11.84%, while SPDR S&P 500 ETF (SPY) has a volatility of 12.55%. This indicates that DAKT 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.