DGEIX vs. SPY
Compare and contrast key facts about DFA Global Equity Portfolio Institutional Class (DGEIX) and SPDR S&P 500 ETF (SPY).
DGEIX is managed by Dimensional Fund Advisors LP. It was launched on Dec 24, 2003. 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: DGEIX or SPY.
Correlation
The correlation between DGEIX and SPY is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DGEIX vs. SPY - Performance Comparison
Key characteristics
DGEIX:
1.55
SPY:
2.20
DGEIX:
2.09
SPY:
2.91
DGEIX:
1.28
SPY:
1.41
DGEIX:
2.40
SPY:
3.35
DGEIX:
7.61
SPY:
13.99
DGEIX:
2.48%
SPY:
2.01%
DGEIX:
12.17%
SPY:
12.79%
DGEIX:
-60.58%
SPY:
-55.19%
DGEIX:
-4.45%
SPY:
-1.35%
Returns By Period
The year-to-date returns for both stocks are quite close, with DGEIX having a 2.03% return and SPY slightly lower at 1.96%. Over the past 10 years, DGEIX has underperformed SPY with an annualized return of 8.61%, while SPY has yielded a comparatively higher 13.29% annualized return.
DGEIX
2.03%
1.67%
2.61%
16.77%
8.60%
8.61%
SPY
1.96%
1.09%
8.43%
25.46%
14.30%
13.29%
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DGEIX vs. SPY - Expense Ratio Comparison
DGEIX has a 0.25% expense ratio, which is higher than SPY's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
DGEIX vs. SPY — Risk-Adjusted Performance Rank
DGEIX
SPY
DGEIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Global Equity Portfolio Institutional Class (DGEIX) 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
DGEIX vs. SPY - Dividend Comparison
DGEIX's dividend yield for the trailing twelve months is around 1.68%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGEIX DFA Global Equity Portfolio Institutional Class | 1.68% | 1.71% | 1.97% | 1.89% | 1.67% | 1.44% | 1.73% | 1.99% | 1.83% | 1.91% | 1.99% | 1.88% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DGEIX vs. SPY - Drawdown Comparison
The maximum DGEIX drawdown since its inception was -60.58%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DGEIX and SPY. For additional features, visit the drawdowns tool.
Volatility
DGEIX vs. SPY - Volatility Comparison
The current volatility for DFA Global Equity Portfolio Institutional Class (DGEIX) is 4.37%, while SPDR S&P 500 ETF (SPY) has a volatility of 5.10%. This indicates that DGEIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.