DRD vs. SPY
Compare and contrast key facts about DRDGOLD Limited (DRD) 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: DRD or SPY.
Key characteristics
| DRD | SPY | |
|---|---|---|
| YTD Return | 2.13% | 9.15% |
| 1Y Return | -37.21% | 27.68% |
| 3Y Return (Ann) | -5.01% | 8.61% |
| 5Y Return (Ann) | 40.93% | 14.27% |
| 10Y Return (Ann) | 15.05% | 12.68% |
| Sharpe Ratio | -0.80 | 2.36 |
| Daily Std Dev | 46.26% | 11.51% |
| Max Drawdown | -99.13% | -55.19% |
| Current Drawdown | -90.35% | -1.14% |
Correlation
The correlation between DRD and SPY is 0.06, 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
DRD vs. SPY - Performance Comparison
In the year-to-date period, DRD achieves a 2.13% return, which is significantly lower than SPY's 9.15% return. Over the past 10 years, DRD has outperformed SPY with an annualized return of 15.05%, while SPY has yielded a comparatively lower 12.68% 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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Risk-Adjusted Performance
DRD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DRDGOLD Limited (DRD) 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
DRD vs. SPY - Dividend Comparison
DRD's dividend yield for the trailing twelve months is around 5.59%, more than SPY's 1.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRD DRDGOLD Limited | 5.59% | 5.67% | 5.00% | 6.63% | 4.41% | 2.56% | 1.99% | 1.12% | 7.66% | 4.66% | 1.17% | 7.92% |
SPY SPDR S&P 500 ETF | 1.30% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
DRD vs. SPY - Drawdown Comparison
The maximum DRD drawdown since its inception was -99.13%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DRD and SPY. For additional features, visit the drawdowns tool.
Volatility
DRD vs. SPY - Volatility Comparison
DRDGOLD Limited (DRD) has a higher volatility of 13.28% compared to SPDR S&P 500 ETF (SPY) at 4.07%. This indicates that DRD'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.