DJIA vs. TMC

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Dow 30 Covered Call ETF (DJIA) and TMC the metals company Inc. (TMC).

DJIA is a passively managed fund by Global X that tracks the performance of the DJIA Cboe BuyWrite v2 Index. It was launched on Feb 23, 2022.

Performance

DJIA vs. TMC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Dow 30 Covered Call ETF (DJIA) and TMC the metals company Inc. (TMC). The values are adjusted to include any dividend payments, if applicable.

DJIA vs. TMC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DJIA Global X Dow 30 Covered Call ETF	-2.20%	9.11%	14.52%	9.15%	-2.80%
TMC TMC the metals company Inc.	-24.31%	450.89%	1.82%	42.86%	-52.47%

Returns By Period

In the year-to-date period, DJIA achieves a -2.20% return, which is significantly higher than TMC's -24.31% return.

DJIA

• 1D: 1.69%
• 1M: -4.83%
• YTD: -2.20%
• 6M: 3.14%
• 1Y: 6.47%
• 3Y*: 9.03%
• 5Y*: —
• 10Y*: —

TMC

• 1D: 13.90%
• 1M: -25.52%
• YTD: -24.31%
• 6M: -26.69%
• 1Y: 171.51%
• 3Y*: 77.94%
• 5Y*: —
• 10Y*: —

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

Return for Risk

DJIA vs. TMC — Risk / Return Rank

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

DJIA

DJIA Risk / Return Rank: 33
DJIA Sharpe Ratio Rank: 29
DJIA Sortino Ratio Rank: 29
DJIA Omega Ratio Rank: 38
DJIA Calmar Ratio Rank: 33
DJIA Martin Ratio Rank: 36

TMC

TMC Risk / Return Rank: 83
TMC Sharpe Ratio Rank: 82
TMC Sortino Ratio Rank: 88
TMC Omega Ratio Rank: 81
TMC Calmar Ratio Rank: 85
TMC Martin Ratio Rank: 79

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.

DJIA vs. TMC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Dow 30 Covered Call ETF (DJIA) and TMC the metals company Inc. (TMC). 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.

	DJIA	TMC	Difference
Sharpe ratio Return per unit of total volatility	0.50	1.36	-0.86
Sortino ratio Return per unit of downside risk	0.80	2.59	-1.79
Omega ratio Gain probability vs. loss probability	1.14	1.29	-0.15
Calmar ratio Return relative to maximum drawdown	0.76	2.78	-2.03
Martin ratio Return relative to average drawdown	3.12	5.57	-2.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DJIA vs. TMC - Sharpe Ratio Comparison

The current DJIA Sharpe Ratio is 0.50, which is lower than the TMC Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of DJIA and TMC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DJIA	TMC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	1.36	-0.86
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	-0.13	+0.71

Correlation

The correlation between DJIA and TMC is 0.19, 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.

Dividends

DJIA vs. TMC - Dividend Comparison

DJIA's dividend yield for the trailing twelve months is around 11.46%, while TMC has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
DJIA Global X Dow 30 Covered Call ETF	11.46%	10.60%	11.44%	7.16%	9.18%
TMC TMC the metals company Inc.	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

DJIA vs. TMC - Drawdown Comparison

The maximum DJIA drawdown since its inception was -16.91%, smaller than the maximum TMC drawdown of -95.58%. Use the drawdown chart below to compare losses from any high point for DJIA and TMC.

Drawdown Indicators

	DJIA	TMC	Difference
Max Drawdown Largest peak-to-trough decline	-16.91%	-95.58%	+78.67%
Max Drawdown (1Y) Largest decline over 1 year	-9.20%	-61.65%	+52.45%
Current Drawdown Current decline from peak	-5.59%	-62.49%	+56.90%
Average Drawdown Average peak-to-trough decline	-3.63%	-80.48%	+76.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	30.77%	-28.54%

Volatility

DJIA vs. TMC - Volatility Comparison

The current volatility for Global X Dow 30 Covered Call ETF (DJIA) is 4.20%, while TMC the metals company Inc. (TMC) has a volatility of 23.95%. This indicates that DJIA experiences smaller price fluctuations and is considered to be less risky than TMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DJIA	TMC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.20%	23.95%	-19.75%
Volatility (6M) Calculated over the trailing 6-month period	6.07%	76.46%	-70.39%
Volatility (1Y) Calculated over the trailing 1-year period	13.05%	126.69%	-113.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.32%	114.15%	-102.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.32%	114.15%	-102.83%