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.
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.
Performance
DSEEX vs. SPY - Performance Comparison
Loading data...
Key characteristics
DSEEX:
0.96
SPY:
0.67
DSEEX:
1.32
SPY:
1.03
DSEEX:
1.18
SPY:
1.15
DSEEX:
0.97
SPY:
0.69
DSEEX:
3.54
SPY:
2.61
DSEEX:
3.98%
SPY:
4.92%
DSEEX:
16.23%
SPY:
20.44%
DSEEX:
-40.62%
SPY:
-55.19%
DSEEX:
-3.05%
SPY:
-3.44%
Returns By Period
In the year-to-date period, DSEEX achieves a 3.58% return, which is significantly higher than SPY's 0.98% return. Over the past 10 years, DSEEX has underperformed SPY with an annualized return of 12.07%, while SPY has yielded a comparatively higher 12.73% annualized return.
DSEEX
3.58%
2.97%
-2.74%
15.52%
9.52%
13.57%
12.07%
SPY
0.98%
6.45%
-0.84%
13.58%
14.08%
15.83%
12.73%
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.
Loading data...
Dividends
DSEEX vs. SPY - Dividend Comparison
DSEEX's dividend yield for the trailing twelve months is around 4.91%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DSEEX DoubleLine Shiller Enhanced CAPE | 4.91% | 4.92% | 4.60% | 16.42% | 28.54% | 1.73% | 5.15% | 15.27% | 9.10% | 4.11% | 4.43% | 2.63% |
SPY SPDR S&P 500 ETF | 1.21% | 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 -40.62%, 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.
Loading data...
Volatility
DSEEX vs. SPY - Volatility Comparison
The current volatility for DoubleLine Shiller Enhanced CAPE (DSEEX) is 4.44%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.85%. 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.
Loading data...