Correlation
The correlation between DRD and SPYG is 0.09, 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. SPYG
Compare and contrast key facts about DRDGOLD Limited (DRD) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DRD or SPYG.
Performance
DRD vs. SPYG - Performance Comparison
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Key characteristics
DRD:
1.50
SPYG:
0.82
DRD:
1.95
SPYG:
1.15
DRD:
1.26
SPYG:
1.16
DRD:
0.91
SPYG:
0.82
DRD:
5.17
SPYG:
2.75
DRD:
14.88%
SPYG:
6.63%
DRD:
53.77%
SPYG:
25.18%
DRD:
-98.54%
SPYG:
-67.79%
DRD:
-68.93%
SPYG:
-2.78%
Returns By Period
In the year-to-date period, DRD achieves a 75.96% return, which is significantly higher than SPYG's 2.18% return. Over the past 10 years, DRD has outperformed SPYG with an annualized return of 30.35%, while SPYG has yielded a comparatively lower 14.90% annualized return.
DRD
75.96%
0.74%
55.90%
79.65%
36.29%
14.35%
30.35%
SPYG
2.18%
9.38%
3.01%
20.59%
17.35%
16.74%
14.90%
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Risk-Adjusted Performance
DRD vs. SPYG — Risk-Adjusted Performance Rank
DRD
SPYG
DRD vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DRDGOLD Limited (DRD) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.
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Dividends
DRD vs. SPYG - Dividend Comparison
DRD's dividend yield for the trailing twelve months is around 1.84%, more than SPYG's 0.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRD DRDGOLD Limited | 1.84% | 2.54% | 5.75% | 5.01% | 6.53% | 4.47% | 2.65% | 2.07% | 1.20% | 7.60% | 4.50% | 1.17% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.60% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% |
Drawdowns
DRD vs. SPYG - Drawdown Comparison
The maximum DRD drawdown since its inception was -98.54%, which is greater than SPYG's maximum drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for DRD and SPYG.
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Volatility
DRD vs. SPYG - Volatility Comparison
DRDGOLD Limited (DRD) has a higher volatility of 18.61% compared to SPDR Portfolio S&P 500 Growth ETF (SPYG) at 5.58%. This indicates that DRD's price experiences larger fluctuations and is considered to be riskier than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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