DQ vs. SPY
Compare and contrast key facts about Daqo New Energy Corp. (DQ) 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: DQ or SPY.
Correlation
The correlation between DQ and SPY is 0.32, 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
DQ vs. SPY - Performance Comparison
Key characteristics
DQ:
-0.44
SPY:
0.54
DQ:
-0.19
SPY:
0.89
DQ:
0.98
SPY:
1.13
DQ:
-0.39
SPY:
0.58
DQ:
-1.12
SPY:
2.39
DQ:
31.22%
SPY:
4.51%
DQ:
80.03%
SPY:
20.07%
DQ:
-94.98%
SPY:
-55.19%
DQ:
-88.33%
SPY:
-10.54%
Returns By Period
In the year-to-date period, DQ achieves a -25.51% return, which is significantly lower than SPY's -6.44% return. Over the past 10 years, DQ has underperformed SPY with an annualized return of 10.15%, while SPY has yielded a comparatively higher 11.95% annualized return.
DQ
-25.51%
-22.23%
-34.18%
-39.03%
9.42%
10.15%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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Risk-Adjusted Performance
DQ vs. SPY — Risk-Adjusted Performance Rank
DQ
SPY
DQ vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Daqo New Energy Corp. (DQ) 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
DQ vs. SPY - Dividend Comparison
DQ has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.31%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
DQ Daqo New Energy Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DQ vs. SPY - Drawdown Comparison
The maximum DQ drawdown since its inception was -94.98%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DQ and SPY. For additional features, visit the drawdowns tool.
Volatility
DQ vs. SPY - Volatility Comparison
Daqo New Energy Corp. (DQ) has a higher volatility of 22.88% compared to SPDR S&P 500 ETF (SPY) at 15.13%. This indicates that DQ'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.