DIT vs. DIA
Compare and contrast key facts about AMCON Distributing Company (DIT) 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: DIT or DIA.
Key characteristics
| DIT | DIA | |
|---|---|---|
| YTD Return | -20.26% | 5.50% |
| 1Y Return | -14.42% | 20.81% |
| 3Y Return (Ann) | 7.39% | 6.75% |
| 5Y Return (Ann) | 14.44% | 11.03% |
| 10Y Return (Ann) | 10.64% | 11.49% |
| Sharpe Ratio | -0.42 | 2.12 |
| Daily Std Dev | 48.20% | 9.92% |
| Max Drawdown | -80.88% | -51.87% |
| Current Drawdown | -35.95% | -0.50% |
Correlation
The correlation between DIT 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
DIT vs. DIA - Performance Comparison
In the year-to-date period, DIT achieves a -20.26% return, which is significantly lower than DIA's 5.50% return. Over the past 10 years, DIT has underperformed DIA with an annualized return of 10.64%, while DIA has yielded a comparatively higher 11.49% 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
DIT vs. DIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AMCON Distributing Company (DIT) 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
DIT vs. DIA - Dividend Comparison
DIT's dividend yield for the trailing twelve months is around 0.64%, less than DIA's 1.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIT AMCON Distributing Company | 0.64% | 0.37% | 3.16% | 2.85% | 5.04% | 1.39% | 1.00% | 1.02% | 0.87% | 0.90% | 0.90% | 0.90% |
DIA SPDR Dow Jones Industrial Average ETF | 1.74% | 1.81% | 1.91% | 1.58% | 1.87% | 2.09% | 2.24% | 1.97% | 2.26% | 2.33% | 2.02% | 2.08% |
Drawdowns
DIT vs. DIA - Drawdown Comparison
The maximum DIT drawdown since its inception was -80.88%, which is greater than DIA's maximum drawdown of -51.87%. Use the drawdown chart below to compare losses from any high point for DIT and DIA. For additional features, visit the drawdowns tool.
Volatility
DIT vs. DIA - Volatility Comparison
AMCON Distributing Company (DIT) has a higher volatility of 15.73% compared to SPDR Dow Jones Industrial Average ETF (DIA) at 2.76%. This indicates that DIT'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.