DSJA vs. SPY
Compare and contrast key facts about Innovator Double Stacker ETF - January (DSJA) and SPDR S&P 500 ETF (SPY).
DSJA and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DSJA is an actively managed fund by Innovator. It was launched on Jan 4, 2021. 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: DSJA or SPY.
Correlation
The correlation between DSJA and SPY is 0.80, 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
DSJA vs. SPY - Performance Comparison
Key characteristics
Returns By Period
DSJA
N/A
N/A
N/A
N/A
N/A
N/A
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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DSJA vs. SPY - Expense Ratio Comparison
DSJA has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
DSJA vs. SPY — Risk-Adjusted Performance Rank
DSJA
SPY
DSJA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Double Stacker ETF - January (DSJA) 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
DSJA vs. SPY - Dividend Comparison
DSJA has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DSJA Innovator Double Stacker ETF - January | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DSJA vs. SPY - Drawdown Comparison
Volatility
DSJA vs. SPY - Volatility Comparison
The current volatility for Innovator Double Stacker ETF - January (DSJA) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.38%. This indicates that DSJA 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.