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.
Key characteristics
| DOGE-USD | SPY | |
|---|---|---|
| YTD Return | 45.45% | 5.60% |
| 1Y Return | 65.13% | 23.55% |
| 3Y Return (Ann) | -30.32% | 7.83% |
| 5Y Return (Ann) | 116.93% | 13.05% |
| 10Y Return (Ann) | 75.55% | 12.30% |
| Sharpe Ratio | 2.03 | 1.91 |
| Daily Std Dev | 66.95% | 11.63% |
| Max Drawdown | -95.27% | -55.19% |
| Current Drawdown | -81.24% | -4.36% |
Correlation
The correlation between DOGE-USD and SPY is 0.11, 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
In the year-to-date period, DOGE-USD achieves a 45.45% return, which is significantly higher than SPY's 5.60% return. Over the past 10 years, DOGE-USD has outperformed SPY with an annualized return of 75.55%, while SPY has yielded a comparatively lower 12.30% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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 28.10% compared to SPDR S&P 500 ETF (SPY) at 3.91%. 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.