DDOG vs. SPY
Compare and contrast key facts about Datadog, Inc. (DDOG) 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: DDOG or SPY.
Correlation
The correlation between DDOG and SPY is 0.49, 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
DDOG vs. SPY - Performance Comparison
Key characteristics
DDOG:
0.58
SPY:
2.03
DDOG:
1.01
SPY:
2.71
DDOG:
1.13
SPY:
1.38
DDOG:
0.47
SPY:
3.02
DDOG:
2.03
SPY:
13.49
DDOG:
10.76%
SPY:
1.88%
DDOG:
37.73%
SPY:
12.48%
DDOG:
-68.11%
SPY:
-55.19%
DDOG:
-23.59%
SPY:
-3.54%
Returns By Period
The year-to-date returns for both investments are quite close, with DDOG having a 23.74% return and SPY slightly higher at 24.51%.
DDOG
23.74%
19.23%
28.93%
22.70%
31.40%
N/A
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
DDOG vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Datadog, Inc. (DDOG) 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
DDOG vs. SPY - Dividend Comparison
DDOG 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Datadog, 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% |
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
DDOG vs. SPY - Drawdown Comparison
The maximum DDOG drawdown since its inception was -68.11%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DDOG and SPY. For additional features, visit the drawdowns tool.
Volatility
DDOG vs. SPY - Volatility Comparison
Datadog, Inc. (DDOG) has a higher volatility of 15.98% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that DDOG'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.