DALI vs. RPAR
Compare and contrast key facts about First Trust Dorsey Wright DALI 1 ETF (DALI) and RPAR Risk Parity ETF (RPAR).
DALI and RPAR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DALI is a passively managed fund by First Trust that tracks the performance of the Nasdaq Dorsey Wright DALI 1 Index. It was launched on May 14, 2018. RPAR is an actively managed fund by Toroso Investments. It was launched on Dec 13, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DALI or RPAR.
Correlation
The correlation between DALI and RPAR is 0.40, 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
DALI vs. RPAR - Performance Comparison
Key characteristics
DALI:
0.97
RPAR:
0.82
DALI:
1.41
RPAR:
1.18
DALI:
1.18
RPAR:
1.14
DALI:
0.77
RPAR:
0.37
DALI:
4.78
RPAR:
2.06
DALI:
3.69%
RPAR:
4.00%
DALI:
18.18%
RPAR:
10.09%
DALI:
-36.06%
RPAR:
-30.16%
DALI:
-4.99%
RPAR:
-15.71%
Returns By Period
In the year-to-date period, DALI achieves a 5.55% return, which is significantly higher than RPAR's 4.68% return.
DALI
5.55%
2.03%
11.47%
20.18%
5.41%
N/A
RPAR
4.68%
3.36%
-1.88%
8.61%
0.99%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DALI vs. RPAR - Expense Ratio Comparison
DALI has a 0.91% expense ratio, which is higher than RPAR's 0.51% expense ratio.
Risk-Adjusted Performance
DALI vs. RPAR — Risk-Adjusted Performance Rank
DALI
RPAR
DALI vs. RPAR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright DALI 1 ETF (DALI) and RPAR Risk Parity ETF (RPAR). 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
DALI vs. RPAR - Dividend Comparison
DALI's dividend yield for the trailing twelve months is around 0.18%, less than RPAR's 2.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
DALI First Trust Dorsey Wright DALI 1 ETF | 0.18% | 0.19% | 3.41% | 0.51% | 0.11% | 1.26% | 0.45% | 0.17% |
RPAR RPAR Risk Parity ETF | 2.40% | 2.52% | 3.15% | 4.01% | 2.03% | 0.76% | 0.23% | 0.00% |
Drawdowns
DALI vs. RPAR - Drawdown Comparison
The maximum DALI drawdown since its inception was -36.06%, which is greater than RPAR's maximum drawdown of -30.16%. Use the drawdown chart below to compare losses from any high point for DALI and RPAR. For additional features, visit the drawdowns tool.
Volatility
DALI vs. RPAR - Volatility Comparison
First Trust Dorsey Wright DALI 1 ETF (DALI) has a higher volatility of 3.50% compared to RPAR Risk Parity ETF (RPAR) at 2.67%. This indicates that DALI's price experiences larger fluctuations and is considered to be riskier than RPAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.