DIA.L vs. DIA
Compare and contrast key facts about Dialight plc (DIA.L) and SPDR Dow Jones Industrial Average ETF (DIA).
DIA is a passively managed fund by State Street that tracks the performance of the Dow Jones Industrial Average. It was launched on Jan 14, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DIA.L or DIA.
Key characteristics
| DIA.L | DIA | |
|---|---|---|
| YTD Return | 20.41% | 5.20% |
| 1Y Return | -22.37% | 20.68% |
| 3Y Return (Ann) | -18.75% | 6.66% |
| 5Y Return (Ann) | -20.30% | 11.16% |
| 10Y Return (Ann) | -14.84% | 11.46% |
| Sharpe Ratio | -0.27 | 2.08 |
| Daily Std Dev | 47.56% | 9.93% |
| Max Drawdown | -89.40% | -51.87% |
| Current Drawdown | -86.97% | -0.78% |
Correlation
The correlation between DIA.L and DIA is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DIA.L vs. DIA - Performance Comparison
In the year-to-date period, DIA.L achieves a 20.41% return, which is significantly higher than DIA's 5.20% return. Over the past 10 years, DIA.L has underperformed DIA with an annualized return of -14.84%, while DIA has yielded a comparatively higher 11.46% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
DIA.L vs. DIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dialight plc (DIA.L) and SPDR Dow Jones Industrial Average ETF (DIA). 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
DIA.L vs. DIA - Dividend Comparison
DIA.L has not paid dividends to shareholders, while DIA's dividend yield for the trailing twelve months is around 1.75%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIA.L Dialight plc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.02% | 0.02% |
DIA SPDR Dow Jones Industrial Average ETF | 1.75% | 1.81% | 1.91% | 1.58% | 1.87% | 2.09% | 2.24% | 1.97% | 2.26% | 2.33% | 2.02% | 2.08% |
Drawdowns
DIA.L vs. DIA - Drawdown Comparison
The maximum DIA.L drawdown since its inception was -89.40%, which is greater than DIA's maximum drawdown of -51.87%. Use the drawdown chart below to compare losses from any high point for DIA.L and DIA. For additional features, visit the drawdowns tool.
Volatility
DIA.L vs. DIA - Volatility Comparison
Dialight plc (DIA.L) has a higher volatility of 6.39% compared to SPDR Dow Jones Industrial Average ETF (DIA) at 2.92%. This indicates that DIA.L's price experiences larger fluctuations and is considered to be riskier than DIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.