Correlation
The correlation between DATS and SPY is 0.28, 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.
DATS vs. SPY
Compare and contrast key facts about DatChat, Inc. (DATS) 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: DATS or SPY.
Performance
DATS vs. SPY - Performance Comparison
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Key characteristics
DATS:
0.28
SPY:
0.70
DATS:
4.30
SPY:
1.02
DATS:
1.59
SPY:
1.15
DATS:
1.02
SPY:
0.68
DATS:
2.18
SPY:
2.57
DATS:
46.66%
SPY:
4.93%
DATS:
397.43%
SPY:
20.42%
DATS:
-99.31%
SPY:
-55.19%
DATS:
-98.32%
SPY:
-3.55%
Returns By Period
In the year-to-date period, DATS achieves a 41.57% return, which is significantly higher than SPY's 0.87% return.
DATS
41.57%
11.01%
33.33%
110.88%
-42.42%
N/A
N/A
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
DATS vs. SPY — Risk-Adjusted Performance Rank
DATS
SPY
DATS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DatChat, Inc. (DATS) 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.
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Dividends
DATS vs. SPY - Dividend Comparison
DATS has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.22%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DATS DatChat, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DATS vs. SPY - Drawdown Comparison
The maximum DATS drawdown since its inception was -99.31%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DATS and SPY.
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Volatility
DATS vs. SPY - Volatility Comparison
DatChat, Inc. (DATS) has a higher volatility of 17.03% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that DATS's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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