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DNP vs. SPYI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DNP and SPYI is 0.32, 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.


-0.50.00.51.00.3

Performance

DNP vs. SPYI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DNP Select Income Fund Inc. (DNP) and NEOS S&P 500 High Income ETF (SPYI). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
13.92%
8.74%
DNP
SPYI

Key characteristics

Sharpe Ratio

DNP:

1.30

SPYI:

2.15

Sortino Ratio

DNP:

1.85

SPYI:

2.83

Omega Ratio

DNP:

1.23

SPYI:

1.46

Calmar Ratio

DNP:

0.81

SPYI:

3.12

Martin Ratio

DNP:

4.72

SPYI:

15.28

Ulcer Index

DNP:

3.95%

SPYI:

1.35%

Daily Std Dev

DNP:

14.37%

SPYI:

9.60%

Max Drawdown

DNP:

-48.49%

SPYI:

-10.19%

Current Drawdown

DNP:

-10.20%

SPYI:

-1.90%

Returns By Period

In the year-to-date period, DNP achieves a 14.96% return, which is significantly lower than SPYI's 19.85% return.


DNP

YTD

14.96%

1M

-2.98%

6M

15.30%

1Y

16.66%

5Y*

0.27%

10Y*

6.08%

SPYI

YTD

19.85%

1M

-0.17%

6M

8.64%

1Y

20.14%

5Y*

N/A

10Y*

N/A

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Risk-Adjusted Performance

DNP vs. SPYI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for DNP Select Income Fund Inc. (DNP) and NEOS S&P 500 High Income ETF (SPYI). 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.


Sharpe ratio
The chart of Sharpe ratio for DNP, currently valued at 1.30, compared to the broader market-4.00-2.000.002.001.302.15
The chart of Sortino ratio for DNP, currently valued at 1.85, compared to the broader market-4.00-2.000.002.004.001.852.83
The chart of Omega ratio for DNP, currently valued at 1.23, compared to the broader market0.501.001.502.001.231.46
The chart of Calmar ratio for DNP, currently valued at 0.81, compared to the broader market0.002.004.006.000.813.12
The chart of Martin ratio for DNP, currently valued at 4.72, compared to the broader market-5.000.005.0010.0015.0020.0025.004.7215.28
DNP
SPYI

The current DNP Sharpe Ratio is 1.30, which is lower than the SPYI Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of DNP and SPYI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
1.30
2.15
DNP
SPYI

Dividends

DNP vs. SPYI - Dividend Comparison

DNP's dividend yield for the trailing twelve months is around 8.66%, less than SPYI's 10.84% yield.


TTM20232022202120202019201820172016201520142013
DNP
DNP Select Income Fund Inc.
8.66%9.20%6.93%7.18%7.60%6.11%7.50%7.22%7.62%8.71%7.39%8.28%
SPYI
NEOS S&P 500 High Income ETF
10.84%12.01%4.10%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

DNP vs. SPYI - Drawdown Comparison

The maximum DNP drawdown since its inception was -48.49%, which is greater than SPYI's maximum drawdown of -10.19%. Use the drawdown chart below to compare losses from any high point for DNP and SPYI. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.20%
-1.90%
DNP
SPYI

Volatility

DNP vs. SPYI - Volatility Comparison

DNP Select Income Fund Inc. (DNP) has a higher volatility of 4.68% compared to NEOS S&P 500 High Income ETF (SPYI) at 3.12%. This indicates that DNP's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.68%
3.12%
DNP
SPYI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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