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 0.95, 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
Loading data...
Key characteristics
DGEIX:
0.47
SPY:
0.69
DGEIX:
0.83
SPY:
1.17
DGEIX:
1.12
SPY:
1.18
DGEIX:
0.49
SPY:
0.80
DGEIX:
1.81
SPY:
3.08
DGEIX:
4.91%
SPY:
4.88%
DGEIX:
17.56%
SPY:
20.26%
DGEIX:
-60.58%
SPY:
-55.19%
DGEIX:
-2.54%
SPY:
-2.76%
Returns By Period
In the year-to-date period, DGEIX achieves a 4.07% return, which is significantly higher than SPY's 1.69% return. Over the past 10 years, DGEIX has underperformed SPY with an annualized return of 8.08%, while SPY has yielded a comparatively higher 12.77% annualized return.
DGEIX
4.07%
11.77%
0.92%
8.13%
14.10%
8.08%
SPY
1.69%
13.04%
2.09%
13.82%
17.47%
12.77%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Loading data...
Dividends
DGEIX vs. SPY - Dividend Comparison
DGEIX's dividend yield for the trailing twelve months is around 3.54%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGEIX DFA Global Equity Portfolio Institutional Class | 3.54% | 3.64% | 3.82% | 4.92% | 4.31% | 2.37% | 2.22% | 2.62% | 2.15% | 1.90% | 1.98% | 1.88% |
SPY SPDR S&P 500 ETF | 1.21% | 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.
Loading data...
Volatility
DGEIX vs. SPY - Volatility Comparison
The current volatility for DFA Global Equity Portfolio Institutional Class (DGEIX) is 4.23%, while SPDR S&P 500 ETF (SPY) has a volatility of 5.51%. 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.
Loading data...