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 0.93, 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:
1.18
SPY:
2.03
DSEEX:
1.61
SPY:
2.71
DSEEX:
1.21
SPY:
1.38
DSEEX:
0.42
SPY:
3.02
DSEEX:
6.83
SPY:
13.49
DSEEX:
2.07%
SPY:
1.88%
DSEEX:
11.97%
SPY:
12.48%
DSEEX:
-46.92%
SPY:
-55.19%
DSEEX:
-22.34%
SPY:
-3.54%
Returns By Period
In the year-to-date period, DSEEX achieves a 13.09% return, which is significantly lower than SPY's 24.51% return. Over the past 10 years, DSEEX has underperformed SPY with an annualized return of 5.61%, while SPY has yielded a comparatively higher 12.94% annualized return.
DSEEX
13.09%
-3.25%
9.12%
13.06%
2.28%
5.61%
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
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 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 4.40%, more than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DSEEX DoubleLine Shiller Enhanced CAPE | 4.40% | 4.60% | 3.87% | 1.63% | 1.73% | 2.74% | 3.38% | 2.16% | 2.12% | 2.88% | 2.61% | 0.48% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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
DoubleLine Shiller Enhanced CAPE (DSEEX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.55% and 3.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.