DOW vs. ^GSPC
Compare and contrast key facts about Dow Inc. (DOW) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DOW or ^GSPC.
Key characteristics
| DOW | ^GSPC | |
|---|---|---|
| YTD Return | 5.32% | 7.50% |
| 1Y Return | 12.73% | 26.26% |
| 3Y Return (Ann) | -0.04% | 7.19% |
| 5Y Return (Ann) | 6.88% | 11.73% |
| Sharpe Ratio | 0.68 | 2.17 |
| Daily Std Dev | 19.96% | 11.70% |
| Max Drawdown | -60.87% | -56.78% |
| Current Drawdown | -10.46% | -2.41% |
Correlation
The correlation between DOW and ^GSPC is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DOW vs. ^GSPC - Performance Comparison
In the year-to-date period, DOW achieves a 5.32% return, which is significantly lower than ^GSPC's 7.50% 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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Risk-Adjusted Performance
DOW vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Inc. (DOW) and S&P 500 (^GSPC). 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
DOW vs. ^GSPC - Drawdown Comparison
The maximum DOW drawdown since its inception was -60.87%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for DOW and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
DOW vs. ^GSPC - Volatility Comparison
The current volatility for Dow Inc. (DOW) is 3.85%, while S&P 500 (^GSPC) has a volatility of 4.10%. This indicates that DOW experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.