DQ vs. CSPX.L
Compare and contrast key facts about Daqo New Energy Corp. (DQ) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L).
CSPX.L is a passively managed fund by Blackrock Financial Management that tracks the performance of the S&P 500 Index. It was launched on May 18, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DQ or CSPX.L.
Performance
DQ vs. CSPX.L - Performance Comparison
Returns By Period
In the year-to-date period, DQ achieves a -28.42% return, which is significantly lower than CSPX.L's 24.58% return. Over the past 10 years, DQ has underperformed CSPX.L with an annualized return of 10.80%, while CSPX.L has yielded a comparatively higher 12.73% annualized return.
DQ
-28.42%
0.26%
1.22%
-29.43%
19.28%
10.80%
CSPX.L
24.58%
0.85%
11.47%
32.54%
15.14%
12.73%
Key characteristics
| DQ | CSPX.L | |
|---|---|---|
| Sharpe Ratio | -0.42 | 2.75 |
| Sortino Ratio | -0.18 | 3.80 |
| Omega Ratio | 0.98 | 1.52 |
| Calmar Ratio | -0.36 | 4.14 |
| Martin Ratio | -1.00 | 17.73 |
| Ulcer Index | 31.47% | 1.79% |
| Daily Std Dev | 75.19% | 11.52% |
| Max Drawdown | -94.98% | -33.90% |
| Current Drawdown | -84.66% | -1.73% |
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Correlation
The correlation between DQ and CSPX.L is 0.19, 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.
Risk-Adjusted Performance
DQ vs. CSPX.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Daqo New Energy Corp. (DQ) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L). 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
DQ vs. CSPX.L - Dividend Comparison
Neither DQ nor CSPX.L has paid dividends to shareholders.
Drawdowns
DQ vs. CSPX.L - Drawdown Comparison
The maximum DQ drawdown since its inception was -94.98%, which is greater than CSPX.L's maximum drawdown of -33.90%. Use the drawdown chart below to compare losses from any high point for DQ and CSPX.L. For additional features, visit the drawdowns tool.
Volatility
DQ vs. CSPX.L - Volatility Comparison
Daqo New Energy Corp. (DQ) has a higher volatility of 37.56% compared to iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) at 4.12%. This indicates that DQ's price experiences larger fluctuations and is considered to be riskier than CSPX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.