Correlation
The correlation between DRD and SPY is 0.08, 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.
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.
Performance
DRD vs. SPY - Performance Comparison
Loading data...
Key characteristics
DRD:
1.56
SPY:
0.57
DRD:
1.90
SPY:
0.87
DRD:
1.25
SPY:
1.13
DRD:
0.88
SPY:
0.55
DRD:
4.96
SPY:
2.11
DRD:
14.86%
SPY:
4.91%
DRD:
53.72%
SPY:
20.35%
DRD:
-98.54%
SPY:
-55.19%
DRD:
-67.65%
SPY:
-5.23%
Returns By Period
In the year-to-date period, DRD achieves a 83.22% return, which is significantly higher than SPY's -0.89% return. Over the past 10 years, DRD has outperformed SPY with an annualized return of 30.41%, while SPY has yielded a comparatively lower 12.57% annualized return.
DRD
83.22%
5.25%
64.88%
82.18%
37.60%
16.50%
30.41%
SPY
-0.89%
5.17%
-2.46%
10.77%
15.38%
16.09%
12.57%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
DRD vs. SPY — Risk-Adjusted Performance Rank
DRD
SPY
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.
Loading data...
Dividends
DRD vs. SPY - Dividend Comparison
DRD's dividend yield for the trailing twelve months is around 1.77%, more than SPY's 1.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRD DRDGOLD Limited | 1.77% | 2.54% | 5.75% | 5.01% | 6.53% | 4.47% | 2.65% | 2.07% | 1.20% | 7.60% | 4.50% | 1.17% |
SPY SPDR S&P 500 ETF | 1.24% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DRD vs. SPY - Drawdown Comparison
The maximum DRD drawdown since its inception was -98.54%, 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.
Loading data...
Volatility
DRD vs. SPY - Volatility Comparison
DRDGOLD Limited (DRD) has a higher volatility of 18.27% compared to SPDR S&P 500 ETF (SPY) at 4.45%. 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.
Loading data...