DIS vs. SPY
DIS (The Walt Disney Company) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, DIS returned 0.95%/yr vs 15.07%/yr for SPY. Their 0.57 correlation means they have sometimes moved together and sometimes differently.
Performance
DIS vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, DIS achieves a -14.80% return, which is significantly lower than SPY's 10.13% return. Over the past 10 years, DIS has underperformed SPY with an annualized return of 0.95%, while SPY has yielded a comparatively higher 15.07% annualized return.
DIS
- 1D
- 0.03%
- 1M
- -3.33%
- 6M
- -14.07%
- YTD
- -14.80%
- 1Y
- -16.30%
- 3Y*
- 3.67%
- 5Y*
- -10.83%
- 10Y*
- 0.95%
- ALL TIME*
- 10.73%
SPY
- 1D
- 0.72%
- 1M
- 0.30%
- 6M
- 8.53%
- YTD
- 10.13%
- 1Y
- 21.49%
- 3Y*
- 19.32%
- 5Y*
- 12.76%
- 10Y*
- 15.07%
- ALL TIME*
- 10.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.15B | $1.05B | $1.06B | |
| $37.27B | $35.99B | $39.23B |
DIS vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DIS The Walt Disney Company | -14.80% | 3.30% | 24.44% | 4.26% | -43.91% | -14.51% | 25.27% | 33.51% | 3.61% | 4.76% |
SPY State Street SPDR S&P 500 ETF | 10.13% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Correlation
The correlation between DIS and SPY is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.41 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.57 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 1993 | 0.57 |
Over the past year, the correlation between DIS and SPY has dropped to 0.30 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.
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Return for Risk
DIS vs. SPY — Risk / Return Rank
DIS
SPY
DIS vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Walt Disney Company (DIS) and State Street 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DIS | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.23 | ||
| Sortino ratioReturn per unit of downside risk | -3.00 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.27 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | 2.20 | -3.03 |
| Martin ratioReturn relative to average drawdown | -1.58 | 9.40 | -10.98 |
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Drawdowns
DIS vs. SPY - Drawdown Comparison
The maximum DIS drawdown since its inception was -85.66%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DIS and SPY.
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Drawdown Indicators
| DIS | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.66% | -55.19% | -30.47% |
Max Drawdown (1Y)Largest decline over 1 year | -22.04% | -8.88% | -13.16% |
Max Drawdown (3Y)Largest decline over 3 years | -32.86% | -18.76% | -14.10% |
Max Drawdown (5Y)Largest decline over 5 years | -57.33% | -24.50% | -32.83% |
Max Drawdown (10Y)Largest decline over 10 years | -60.72% | -33.72% | -27.00% |
Current DrawdownCurrent decline from peak | -50.86% | -1.40% | -49.46% |
Average DrawdownAverage peak-to-trough decline | -26.83% | -9.01% | -17.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.44% | 2.08% | +9.36% |
Volatility
DIS vs. SPY - Volatility Comparison
The Walt Disney Company (DIS) has a higher volatility of 8.28% compared to State Street SPDR S&P 500 ETF (SPY) at 3.58%. This indicates that DIS's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DIS | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.28% | 3.58% | +4.70% |
Volatility (6M)Calculated over the trailing 6-month period | 20.38% | 10.14% | +10.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.59% | 12.89% | +12.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.43% | 17.18% | +12.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.90% | 17.95% | +10.95% |
Dividends
DIS vs. SPY - Dividend Comparison
DIS's dividend yield for the trailing twelve months is around 1.56%, more than SPY's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIS The Walt Disney Company | 1.56% | 1.10% | 0.85% | 0.33% | 0.00% | 0.00% | 0.00% | 1.22% | 1.57% | 1.51% | 1.43% | 1.30% |
SPY State Street SPDR S&P 500 ETF | 1.01% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Frequently Asked Questions
DIS and SPY have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DIS has higher volatility (8.28%) compared to SPY (3.58%). In terms of maximum drawdown, DIS dropped -85.66% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (1.52 vs -0.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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