DOGE-USD vs. SPY
Compare and contrast key facts about Dogecoin (DOGE-USD) 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: DOGE-USD or SPY.
Correlation
The correlation between DOGE-USD and SPY is 0.13, 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
DOGE-USD vs. SPY - Performance Comparison
Key characteristics
DOGE-USD:
1.43
SPY:
2.21
DOGE-USD:
2.32
SPY:
2.93
DOGE-USD:
1.22
SPY:
1.41
DOGE-USD:
0.87
SPY:
3.26
DOGE-USD:
5.19
SPY:
14.43
DOGE-USD:
26.57%
SPY:
1.90%
DOGE-USD:
85.26%
SPY:
12.41%
DOGE-USD:
-95.27%
SPY:
-55.19%
DOGE-USD:
-54.21%
SPY:
-2.74%
Returns By Period
In the year-to-date period, DOGE-USD achieves a 255.10% return, which is significantly higher than SPY's 25.54% return. Over the past 10 years, DOGE-USD has outperformed SPY with an annualized return of 109.48%, while SPY has yielded a comparatively lower 12.97% annualized return.
DOGE-USD
255.10%
-15.84%
156.16%
234.42%
172.80%
109.48%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
DOGE-USD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dogecoin (DOGE-USD) 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.
Drawdowns
DOGE-USD vs. SPY - Drawdown Comparison
The maximum DOGE-USD drawdown since its inception was -95.27%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DOGE-USD and SPY. For additional features, visit the drawdowns tool.
Volatility
DOGE-USD vs. SPY - Volatility Comparison
Dogecoin (DOGE-USD) has a higher volatility of 27.98% compared to SPDR S&P 500 ETF (SPY) at 3.69%. This indicates that DOGE-USD'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.