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:
-0.46
SPY:
0.62
DQ:
-0.24
SPY:
0.90
DQ:
0.97
SPY:
1.12
DQ:
-0.40
SPY:
0.86
DQ:
-1.05
SPY:
2.84
DQ:
33.88%
SPY:
3.03%
DQ:
77.83%
SPY:
13.88%
DQ:
-94.98%
SPY:
-55.19%
DQ:
-85.40%
SPY:
-8.20%
Returns By Period
In the year-to-date period, DQ achieves a -6.79% return, which is significantly lower than SPY's -4.00% return. Over the past 10 years, DQ has outperformed SPY with an annualized return of 13.15%, while SPY has yielded a comparatively lower 12.47% annualized return.
DQ
-6.79%
-10.52%
-12.51%
-35.38%
10.91%
13.15%
SPY
-4.00%
-5.31%
-0.72%
8.80%
19.18%
12.47%
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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 1.28%.
| 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 | 1.28% | 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 15.32% compared to SPDR S&P 500 ETF (SPY) at 5.81%. 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.