DH vs. ^SP500TR
Compare and contrast key facts about Definitive Healthcare Corp. (DH) and S&P 500 Total Return (^SP500TR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DH or ^SP500TR.
Correlation
The correlation between DH and ^SP500TR is 0.48, 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
DH vs. ^SP500TR - Performance Comparison
Key characteristics
DH:
-0.78
^SP500TR:
1.87
DH:
-0.89
^SP500TR:
2.52
DH:
0.86
^SP500TR:
1.34
DH:
-0.53
^SP500TR:
2.82
DH:
-1.02
^SP500TR:
11.69
DH:
47.76%
^SP500TR:
2.04%
DH:
62.43%
^SP500TR:
12.77%
DH:
-92.75%
^SP500TR:
-55.25%
DH:
-89.28%
^SP500TR:
0.00%
Returns By Period
In the year-to-date period, DH achieves a 27.74% return, which is significantly higher than ^SP500TR's 4.64% return.
DH
27.74%
33.25%
20.97%
-45.99%
N/A
N/A
^SP500TR
4.64%
2.57%
10.02%
25.16%
14.82%
13.33%
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Risk-Adjusted Performance
DH vs. ^SP500TR — Risk-Adjusted Performance Rank
DH
^SP500TR
DH vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Definitive Healthcare Corp. (DH) and S&P 500 Total Return (^SP500TR). 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.
Drawdowns
DH vs. ^SP500TR - Drawdown Comparison
The maximum DH drawdown since its inception was -92.75%, which is greater than ^SP500TR's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for DH and ^SP500TR. For additional features, visit the drawdowns tool.
Volatility
DH vs. ^SP500TR - Volatility Comparison
Definitive Healthcare Corp. (DH) has a higher volatility of 19.77% compared to S&P 500 Total Return (^SP500TR) at 3.07%. This indicates that DH's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.