DOG vs. ^VIX
Compare and contrast key facts about ProShares Short Dow30 (DOG) and CBOE Volatility Index (^VIX).
DOG is a passively managed fund by ProShares that tracks the performance of the DJ Industrial Average (-100%). It was launched on Jun 19, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DOG or ^VIX.
Correlation
The correlation between DOG and ^VIX is 0.73, 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.
Performance
DOG vs. ^VIX - Performance Comparison
Key characteristics
DOG:
-0.49
^VIX:
0.28
DOG:
-0.62
^VIX:
1.73
DOG:
0.93
^VIX:
1.21
DOG:
-0.06
^VIX:
0.48
DOG:
-0.91
^VIX:
1.00
DOG:
6.07%
^VIX:
41.12%
DOG:
11.45%
^VIX:
145.96%
DOG:
-92.08%
^VIX:
-88.70%
DOG:
-91.55%
^VIX:
-77.37%
Returns By Period
In the year-to-date period, DOG achieves a 0.34% return, which is significantly lower than ^VIX's 7.84% return. Over the past 10 years, DOG has underperformed ^VIX with an annualized return of -10.83%, while ^VIX has yielded a comparatively higher -1.09% annualized return.
DOG
0.34%
3.55%
-0.91%
-5.90%
-9.32%
-10.83%
^VIX
7.84%
35.48%
41.85%
41.21%
8.42%
-1.09%
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Risk-Adjusted Performance
DOG vs. ^VIX — Risk-Adjusted Performance Rank
DOG
^VIX
DOG vs. ^VIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Short Dow30 (DOG) and CBOE Volatility Index (^VIX). 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.
Drawdowns
DOG vs. ^VIX - Drawdown Comparison
The maximum DOG drawdown since its inception was -92.08%, roughly equal to the maximum ^VIX drawdown of -88.70%. Use the drawdown chart below to compare losses from any high point for DOG and ^VIX. For additional features, visit the drawdowns tool.
Volatility
DOG vs. ^VIX - Volatility Comparison
The current volatility for ProShares Short Dow30 (DOG) is 3.95%, while CBOE Volatility Index (^VIX) has a volatility of 71.21%. This indicates that DOG experiences smaller price fluctuations and is considered to be less risky than ^VIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.