Correlation
The correlation between DTE and DGRO is 0.31, 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.
DTE vs. DGRO
Compare and contrast key facts about DTE Energy Company (DTE) and iShares Core Dividend Growth ETF (DGRO).
DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DTE or DGRO.
Performance
DTE vs. DGRO - Performance Comparison
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Key characteristics
DTE:
1.37
DGRO:
0.59
DTE:
1.46
DGRO:
0.77
DTE:
1.20
DGRO:
1.11
DTE:
1.30
DGRO:
0.51
DTE:
5.00
DGRO:
2.02
DTE:
4.08%
DGRO:
3.56%
DTE:
19.22%
DGRO:
15.21%
DTE:
-67.92%
DGRO:
-35.10%
DTE:
-2.27%
DGRO:
-4.72%
Returns By Period
In the year-to-date period, DTE achieves a 13.81% return, which is significantly higher than DGRO's 0.27% return. Both investments have delivered pretty close results over the past 10 years, with DTE having a 10.94% annualized return and DGRO not far ahead at 11.21%.
DTE
13.81%
-0.48%
11.30%
24.90%
3.99%
13.13%
10.94%
DGRO
0.27%
2.98%
-3.71%
8.64%
9.74%
13.75%
11.21%
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Risk-Adjusted Performance
DTE vs. DGRO — Risk-Adjusted Performance Rank
DTE
DGRO
DTE vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DTE Energy Company (DTE) and iShares Core Dividend Growth ETF (DGRO). 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
DTE vs. DGRO - Dividend Comparison
DTE's dividend yield for the trailing twelve months is around 3.10%, more than DGRO's 2.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DTE DTE Energy Company | 3.10% | 3.44% | 3.52% | 3.07% | 2.98% | 3.39% | 2.96% | 3.26% | 3.07% | 3.10% | 3.54% | 3.11% |
DGRO iShares Core Dividend Growth ETF | 2.26% | 2.26% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
DTE vs. DGRO - Drawdown Comparison
The maximum DTE drawdown since its inception was -67.92%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for DTE and DGRO.
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Volatility
DTE vs. DGRO - Volatility Comparison
DTE Energy Company (DTE) has a higher volatility of 5.60% compared to iShares Core Dividend Growth ETF (DGRO) at 4.03%. This indicates that DTE's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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