DSEEX vs. SPY
Compare and contrast key facts about DoubleLine Shiller Enhanced CAPE (DSEEX) and SPDR S&P 500 ETF (SPY).
DSEEX is managed by DoubleLine. It was launched on Oct 31, 2013. 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: DSEEX or SPY.
Correlation
The correlation between DSEEX and SPY is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DSEEX vs. SPY - Performance Comparison
Key characteristics
DSEEX:
0.67
SPY:
0.30
DSEEX:
1.04
SPY:
0.56
DSEEX:
1.14
SPY:
1.08
DSEEX:
0.33
SPY:
0.31
DSEEX:
2.98
SPY:
1.40
DSEEX:
3.55%
SPY:
4.18%
DSEEX:
15.70%
SPY:
19.64%
DSEEX:
-46.92%
SPY:
-55.19%
DSEEX:
-24.82%
SPY:
-13.86%
Returns By Period
In the year-to-date period, DSEEX achieves a -2.98% return, which is significantly higher than SPY's -9.91% return. Over the past 10 years, DSEEX has underperformed SPY with an annualized return of 4.88%, while SPY has yielded a comparatively higher 11.59% annualized return.
DSEEX
-2.98%
-3.53%
-3.30%
10.82%
6.40%
4.88%
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DSEEX vs. SPY - Expense Ratio Comparison
DSEEX has a 0.54% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
DSEEX vs. SPY — Risk-Adjusted Performance Rank
DSEEX
SPY
DSEEX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Shiller Enhanced CAPE (DSEEX) 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
DSEEX vs. SPY - Dividend Comparison
DSEEX's dividend yield for the trailing twelve months is around 5.20%, more than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DSEEX DoubleLine Shiller Enhanced CAPE | 5.20% | 4.92% | 4.60% | 3.87% | 1.63% | 1.73% | 2.74% | 3.38% | 2.16% | 2.12% | 2.88% | 2.61% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DSEEX vs. SPY - Drawdown Comparison
The maximum DSEEX drawdown since its inception was -46.92%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DSEEX and SPY. For additional features, visit the drawdowns tool.
Volatility
DSEEX vs. SPY - Volatility Comparison
The current volatility for DoubleLine Shiller Enhanced CAPE (DSEEX) is 10.54%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that DSEEX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.