DAVA vs. SPY
Compare and contrast key facts about Endava plc (DAVA) 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: DAVA or SPY.
Correlation
The correlation between DAVA and SPY is 0.42, 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
DAVA vs. SPY - Performance Comparison
Key characteristics
DAVA:
-0.98
SPY:
2.03
DAVA:
-1.29
SPY:
2.71
DAVA:
0.78
SPY:
1.38
DAVA:
-0.67
SPY:
3.02
DAVA:
-1.02
SPY:
13.49
DAVA:
56.77%
SPY:
1.88%
DAVA:
59.36%
SPY:
12.48%
DAVA:
-86.13%
SPY:
-55.19%
DAVA:
-82.38%
SPY:
-3.54%
Returns By Period
In the year-to-date period, DAVA achieves a -61.49% return, which is significantly lower than SPY's 24.51% return.
DAVA
-61.49%
14.73%
21.38%
-59.71%
-9.09%
N/A
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
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Risk-Adjusted Performance
DAVA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Endava plc (DAVA) 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
DAVA vs. SPY - Dividend Comparison
DAVA has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.87%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DAVA Endava plc | 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 | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
DAVA vs. SPY - Drawdown Comparison
The maximum DAVA drawdown since its inception was -86.13%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DAVA and SPY. For additional features, visit the drawdowns tool.
Volatility
DAVA vs. SPY - Volatility Comparison
Endava plc (DAVA) has a higher volatility of 9.71% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that DAVA'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.