DM vs. DGRO
Compare and contrast key facts about Desktop Metal, Inc. (DM) and iShares Core Dividend Growth ETF (DGRO).
DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DM or DGRO.
Key characteristics
| DM | DGRO | |
|---|---|---|
| YTD Return | 13.87% | 5.53% |
| 1Y Return | -51.96% | 17.17% |
| 3Y Return (Ann) | -58.82% | 6.40% |
| 5Y Return (Ann) | -39.60% | 10.85% |
| Sharpe Ratio | -0.63 | 1.62 |
| Daily Std Dev | 87.74% | 10.00% |
| Max Drawdown | -98.61% | -35.10% |
| Current Drawdown | -97.45% | -2.70% |
Correlation
The correlation between DM and DGRO is 0.30, 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
DM vs. DGRO - Performance Comparison
In the year-to-date period, DM achieves a 13.87% return, which is significantly higher than DGRO's 5.53% 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
DM vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Desktop Metal, Inc. (DM) and iShares Core Dividend Growth ETF (DGRO). 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
DM vs. DGRO - Dividend Comparison
DM has not paid dividends to shareholders, while DGRO's dividend yield for the trailing twelve months is around 2.35%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
DM Desktop Metal, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGRO iShares Core Dividend Growth ETF | 2.35% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
DM vs. DGRO - Drawdown Comparison
The maximum DM drawdown since its inception was -98.61%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for DM and DGRO. For additional features, visit the drawdowns tool.
Volatility
DM vs. DGRO - Volatility Comparison
Desktop Metal, Inc. (DM) has a higher volatility of 28.00% compared to iShares Core Dividend Growth ETF (DGRO) at 3.01%. This indicates that DM's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.