Correlation
The correlation between DNLDX and SPY is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
DNLDX vs. SPY
Compare and contrast key facts about BNY Mellon Active MidCap Fund (DNLDX) and SPDR S&P 500 ETF (SPY).
DNLDX is managed by BNY Mellon. It was launched on Jan 29, 1985. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DNLDX or SPY.
Performance
DNLDX vs. SPY - Performance Comparison
Loading data...
Key characteristics
DNLDX:
0.56
SPY:
0.70
DNLDX:
0.85
SPY:
1.02
DNLDX:
1.12
SPY:
1.15
DNLDX:
0.50
SPY:
0.68
DNLDX:
1.74
SPY:
2.57
DNLDX:
5.92%
SPY:
4.93%
DNLDX:
20.33%
SPY:
20.42%
DNLDX:
-63.69%
SPY:
-55.19%
DNLDX:
-4.69%
SPY:
-3.55%
Returns By Period
In the year-to-date period, DNLDX achieves a 2.22% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, DNLDX has underperformed SPY with an annualized return of 7.00%, while SPY has yielded a comparatively higher 12.73% annualized return.
DNLDX
2.22%
6.38%
-4.51%
11.34%
9.51%
13.44%
7.00%
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DNLDX vs. SPY - Expense Ratio Comparison
DNLDX has a 1.00% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
DNLDX vs. SPY — Risk-Adjusted Performance Rank
DNLDX
SPY
DNLDX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Active MidCap Fund (DNLDX) and 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.
Loading data...
Dividends
DNLDX vs. SPY - Dividend Comparison
DNLDX's dividend yield for the trailing twelve months is around 9.52%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DNLDX BNY Mellon Active MidCap Fund | 9.52% | 8.80% | 1.69% | 8.82% | 17.75% | 2.77% | 2.76% | 11.14% | 11.32% | 1.00% | 3.12% | 0.26% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DNLDX vs. SPY - Drawdown Comparison
The maximum DNLDX drawdown since its inception was -63.69%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DNLDX and SPY.
Loading data...
Volatility
DNLDX vs. SPY - Volatility Comparison
BNY Mellon Active MidCap Fund (DNLDX) has a higher volatility of 5.46% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that DNLDX'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.
Loading data...