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DASH vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between DASH and ^GSPC is 0.51, 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.


-0.50.00.51.00.5

Performance

DASH vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoorDash, Inc. (DASH) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
-9.77%
61.48%
DASH
^GSPC

Key characteristics

Sharpe Ratio

DASH:

2.14

^GSPC:

2.10

Sortino Ratio

DASH:

2.72

^GSPC:

2.80

Omega Ratio

DASH:

1.36

^GSPC:

1.39

Calmar Ratio

DASH:

1.18

^GSPC:

3.09

Martin Ratio

DASH:

6.21

^GSPC:

13.49

Ulcer Index

DASH:

11.78%

^GSPC:

1.94%

Daily Std Dev

DASH:

34.28%

^GSPC:

12.52%

Max Drawdown

DASH:

-82.49%

^GSPC:

-56.78%

Current Drawdown

DASH:

-30.48%

^GSPC:

-2.62%

Returns By Period

In the year-to-date period, DASH achieves a 72.92% return, which is significantly higher than ^GSPC's 24.34% return.


DASH

YTD

72.92%

1M

-0.70%

6M

50.16%

1Y

70.05%

5Y*

N/A

10Y*

N/A

^GSPC

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

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Risk-Adjusted Performance

DASH vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for DoorDash, Inc. (DASH) and S&P 500 (^GSPC). 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.


Sharpe ratio
The chart of Sharpe ratio for DASH, currently valued at 2.14, compared to the broader market-4.00-2.000.002.002.142.10
The chart of Sortino ratio for DASH, currently valued at 2.72, compared to the broader market-4.00-2.000.002.004.002.722.80
The chart of Omega ratio for DASH, currently valued at 1.36, compared to the broader market0.501.001.502.001.361.39
The chart of Calmar ratio for DASH, currently valued at 1.18, compared to the broader market0.002.004.006.001.183.09
The chart of Martin ratio for DASH, currently valued at 6.21, compared to the broader market-5.000.005.0010.0015.0020.0025.006.2113.49
DASH
^GSPC

The current DASH Sharpe Ratio is 2.14, which is comparable to the ^GSPC Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of DASH and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
2.14
2.10
DASH
^GSPC

Drawdowns

DASH vs. ^GSPC - Drawdown Comparison

The maximum DASH drawdown since its inception was -82.49%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for DASH and ^GSPC. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-30.48%
-2.62%
DASH
^GSPC

Volatility

DASH vs. ^GSPC - Volatility Comparison

DoorDash, Inc. (DASH) has a higher volatility of 9.28% compared to S&P 500 (^GSPC) at 3.79%. This indicates that DASH's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
9.28%
3.79%
DASH
^GSPC
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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