Correlation
The correlation between DTM and IYW is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
DTM vs. IYW
Compare and contrast key facts about DT Midstream, Inc. (DTM) and iShares U.S. Technology ETF (IYW).
IYW is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Technology Index. It was launched on May 19, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DTM or IYW.
Performance
DTM vs. IYW - Performance Comparison
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Key characteristics
DTM:
2.18
IYW:
0.48
DTM:
2.50
IYW:
0.71
DTM:
1.38
IYW:
1.10
DTM:
2.69
IYW:
0.41
DTM:
7.43
IYW:
1.29
DTM:
8.55%
IYW:
8.42%
DTM:
29.76%
IYW:
30.22%
DTM:
-23.56%
IYW:
-81.89%
DTM:
-7.13%
IYW:
-5.07%
Returns By Period
In the year-to-date period, DTM achieves a 6.25% return, which is significantly higher than IYW's -0.75% return.
DTM
6.25%
7.10%
0.28%
61.93%
27.46%
N/A
N/A
IYW
-0.75%
8.56%
-0.59%
14.40%
21.93%
20.70%
19.98%
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Risk-Adjusted Performance
DTM vs. IYW — Risk-Adjusted Performance Rank
DTM
IYW
DTM vs. IYW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DT Midstream, Inc. (DTM) and iShares U.S. Technology ETF (IYW). 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
DTM vs. IYW - Dividend Comparison
DTM's dividend yield for the trailing twelve months is around 2.89%, more than IYW's 0.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DTM DT Midstream, Inc. | 2.89% | 2.96% | 5.04% | 4.63% | 2.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IYW iShares U.S. Technology ETF | 0.21% | 0.21% | 0.53% | 0.50% | 0.31% | 0.56% | 0.72% | 0.91% | 0.82% | 1.13% | 1.12% | 1.13% |
Drawdowns
DTM vs. IYW - Drawdown Comparison
The maximum DTM drawdown since its inception was -23.56%, smaller than the maximum IYW drawdown of -81.89%. Use the drawdown chart below to compare losses from any high point for DTM and IYW.
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Volatility
DTM vs. IYW - Volatility Comparison
The current volatility for DT Midstream, Inc. (DTM) is 5.82%, while iShares U.S. Technology ETF (IYW) has a volatility of 6.60%. This indicates that DTM experiences smaller price fluctuations and is considered to be less risky than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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