DOL vs. SPY
Compare and contrast key facts about WisdomTree International LargeCap Dividend Fund (DOL) and SPDR S&P 500 ETF (SPY).
DOL and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DOL is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree International LargeCap Dividend Index. It was launched on Jun 16, 2006. 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. Both DOL and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DOL or SPY.
Key characteristics
| DOL | SPY | |
|---|---|---|
| YTD Return | 7.44% | 25.52% |
| 1Y Return | 17.57% | 37.10% |
| 3Y Return (Ann) | 5.51% | 9.68% |
| 5Y Return (Ann) | 5.36% | 15.68% |
| 10Y Return (Ann) | 4.30% | 13.27% |
| Sharpe Ratio | 1.34 | 3.06 |
| Sortino Ratio | 1.87 | 4.08 |
| Omega Ratio | 1.23 | 1.58 |
| Calmar Ratio | 2.40 | 4.46 |
| Martin Ratio | 7.96 | 20.21 |
| Ulcer Index | 2.03% | 1.86% |
| Daily Std Dev | 12.08% | 12.27% |
| Max Drawdown | -60.79% | -55.19% |
| Current Drawdown | -5.70% | 0.00% |
Correlation
The correlation between DOL and SPY is 0.80, 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
DOL vs. SPY - Performance Comparison
In the year-to-date period, DOL achieves a 7.44% return, which is significantly lower than SPY's 25.52% return. Over the past 10 years, DOL has underperformed SPY with an annualized return of 4.30%, while SPY has yielded a comparatively higher 13.27% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DOL vs. SPY - Expense Ratio Comparison
DOL has a 0.48% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
DOL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree International LargeCap Dividend Fund (DOL) 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
DOL vs. SPY - Dividend Comparison
DOL's dividend yield for the trailing twelve months is around 3.61%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DOL WisdomTree International LargeCap Dividend Fund | 3.61% | 4.02% | 4.47% | 3.58% | 2.82% | 3.50% | 4.03% | 3.17% | 3.58% | 3.66% | 5.02% | 3.20% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
DOL vs. SPY - Drawdown Comparison
The maximum DOL drawdown since its inception was -60.79%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DOL and SPY. For additional features, visit the drawdowns tool.
Volatility
DOL vs. SPY - Volatility Comparison
The current volatility for WisdomTree International LargeCap Dividend Fund (DOL) is 3.43%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.94%. This indicates that DOL experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.