DIA.AS vs. ^IXIC

Last updated Jun 4, 2026

DIA.AS (SPDR Dow Jones Industrial Average ETF Trust) is Large Cap Value Equities fund tracking the Russell 1000 Value TR USD, while ^IXIC (NASDAQ Composite) is an index. Over the past 10 years, DIA.AS returned 13.06%/yr vs 18.19%/yr for ^IXIC. At a 0.45 correlation, their price movements are largely independent.

Performance

DIA.AS vs. ^IXIC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR Dow Jones Industrial Average ETF Trust (DIA.AS) and NASDAQ Composite (^IXIC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DIA.AS is traded in EUR, while ^IXIC is traded in USD. To make them comparable, the ^IXIC values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, DIA.AS achieves a 7.19% return, which is significantly lower than ^IXIC's 16.93% return. Over the past 10 years, DIA.AS has underperformed ^IXIC with an annualized return of 13.06%, while ^IXIC has yielded a comparatively higher 18.19% annualized return.

DIA.AS

• 1D: 1.09%
• 1M: 4.34%
• YTD: 7.19%
• 6M: 7.57%
• 1Y: 20.20%
• 3Y*: 13.70%
• 5Y*: 10.94%
• 10Y*: 13.06%

^IXIC

• 1D: -0.67%
• 1M: 7.89%
• YTD: 16.93%
• 6M: 15.12%
• 1Y: 35.67%
• 3Y*: 23.22%
• 5Y*: 15.29%
• 10Y*: 18.19%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DIA.AS vs. ^IXIC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIA.AS SPDR Dow Jones Industrial Average ETF Trust	7.19%	2.13%	22.48%	11.53%	-1.09%	31.76%	-0.04%	26.82%	0.96%	12.57%
^IXIC NASDAQ Composite	16.93%	6.07%	37.13%	39.12%	-28.95%	30.47%	31.80%	38.28%	0.63%	12.48%

Correlation

The correlation between DIA.AS and ^IXIC is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Jan 3, 2008	0.45

Over the past year, the correlation between DIA.AS and ^IXIC has dropped to 0.17 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.

Return for Risk

DIA.AS vs. ^IXIC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DIA.AS

DIA.AS Risk / Return Rank: 77
DIA.AS Sharpe Ratio Rank: 66
DIA.AS Sortino Ratio Rank: 82
DIA.AS Omega Ratio Rank: 98
DIA.AS Calmar Ratio Rank: 70
DIA.AS Martin Ratio Rank: 67

^IXIC

^IXIC Risk / Return Rank: 72
^IXIC Sharpe Ratio Rank: 77
^IXIC Sortino Ratio Rank: 72
^IXIC Omega Ratio Rank: 73
^IXIC Calmar Ratio Rank: 67
^IXIC Martin Ratio Rank: 72

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DIA.AS vs. ^IXIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Dow Jones Industrial Average ETF Trust (DIA.AS) and NASDAQ Composite (^IXIC). 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.

	DIA.AS	^IXIC	Difference
Sharpe ratio: Return per unit of total volatility	2.20	2.18	+0.03
Sortino ratio: Return per unit of downside risk	3.74	2.78	+0.95
Omega ratio: Gain probability vs. loss probability	2.12	1.38	+0.74
Calmar ratio: Return relative to maximum drawdown	3.49	2.91	+0.58
Martin ratio: Return relative to average drawdown	12.35	9.45	+2.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIA.AS vs. ^IXIC - Sharpe Ratio Comparison

The current DIA.AS Sharpe Ratio is 2.20, which is comparable to the ^IXIC Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of DIA.AS and ^IXIC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DIA.AS	^IXIC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	2.18	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.70	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	0.82	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.64	-0.54

Drawdowns

DIA.AS vs. ^IXIC - Drawdown Comparison

The maximum DIA.AS drawdown since its inception was -59.02%, which is greater than ^IXIC's maximum drawdown of -49.37%. Use the drawdown chart below to compare losses from any high point for DIA.AS and ^IXIC.

Drawdown Indicators

	DIA.AS	^IXIC	Difference
Max Drawdown Largest peak-to-trough decline	-59.02%	-49.37%	-9.65%
Max Drawdown (1Y) Largest decline over 1 year	-5.71%	-12.32%	+6.61%
Max Drawdown (3Y) Largest decline over 3 years	-21.07%	-28.54%	+7.47%
Max Drawdown (5Y) Largest decline over 5 years	-21.07%	-32.41%	+11.34%
Max Drawdown (10Y) Largest decline over 10 years	-36.08%	-32.41%	-3.67%
Current Drawdown Current decline from peak	0.00%	-0.67%	+0.67%
Average Drawdown Average peak-to-trough decline	-11.92%	-8.78%	-3.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	3.78%	-2.16%

Volatility

DIA.AS vs. ^IXIC - Volatility Comparison

The current volatility for SPDR Dow Jones Industrial Average ETF Trust (DIA.AS) is 2.35%, while NASDAQ Composite (^IXIC) has a volatility of 3.63%. This indicates that DIA.AS experiences smaller price fluctuations and is considered to be less risky than ^IXIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIA.AS	^IXIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.35%	3.63%	-1.28%
Volatility (6M) Calculated over the trailing 6-month period	7.88%	11.53%	-3.65%
Volatility (1Y) Calculated over the trailing 1-year period	9.05%	16.52%	-7.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.49%	22.07%	-8.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.04%	22.31%	-5.27%

Frequently Asked Questions

Can I hold both DIA.AS and ^IXIC in my portfolio?

DIA.AS and ^IXIC have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.