DNN vs. SPY
Compare and contrast key facts about Denison Mines Corp. (DNN) and SPDR S&P 500 ETF (SPY).
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: DNN or SPY.
Correlation
The correlation between DNN and SPY is 0.33, 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
DNN vs. SPY - Performance Comparison
Key characteristics
DNN:
-0.80
SPY:
-0.09
DNN:
-1.10
SPY:
-0.02
DNN:
0.88
SPY:
1.00
DNN:
-0.51
SPY:
-0.09
DNN:
-1.93
SPY:
-0.45
DNN:
24.04%
SPY:
3.31%
DNN:
58.32%
SPY:
15.87%
DNN:
-98.41%
SPY:
-55.19%
DNN:
-90.56%
SPY:
-17.32%
Returns By Period
In the year-to-date period, DNN achieves a -33.89% return, which is significantly lower than SPY's -13.53% return. Over the past 10 years, DNN has underperformed SPY with an annualized return of 3.88%, while SPY has yielded a comparatively higher 11.25% annualized return.
DNN
-33.89%
-17.93%
-39.29%
-44.91%
33.68%
3.88%
SPY
-13.53%
-13.08%
-11.25%
-0.26%
17.01%
11.25%
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Risk-Adjusted Performance
DNN vs. SPY — Risk-Adjusted Performance Rank
DNN
SPY
DNN vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Denison Mines Corp. (DNN) 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.
Dividends
DNN vs. SPY - Dividend Comparison
DNN has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.42%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DNN Denison Mines Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.42% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DNN vs. SPY - Drawdown Comparison
The maximum DNN drawdown since its inception was -98.41%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DNN and SPY. For additional features, visit the drawdowns tool.
Volatility
DNN vs. SPY - Volatility Comparison
Denison Mines Corp. (DNN) has a higher volatility of 14.75% compared to SPDR S&P 500 ETF (SPY) at 9.29%. This indicates that DNN'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.