DULL vs. SPLG
Compare and contrast key facts about MicroSectors Gold -3X Inverse Leveraged ETN (DULL) and SPDR Portfolio S&P 500 ETF (SPLG).
DULL and SPLG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DULL is a passively managed fund by REX Microsectors that tracks the performance of the LBMA Gold Price PM ($/ozt) (-200%). It was launched on Feb 21, 2023. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005. Both DULL and SPLG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DULL or SPLG.
Correlation
The correlation between DULL and SPLG is -0.14. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
DULL vs. SPLG - Performance Comparison
Key characteristics
DULL:
-1.51
SPLG:
1.89
DULL:
-3.13
SPLG:
2.54
DULL:
0.69
SPLG:
1.35
DULL:
-0.90
SPLG:
2.82
DULL:
-1.45
SPLG:
11.73
DULL:
47.32%
SPLG:
2.03%
DULL:
45.51%
SPLG:
12.62%
DULL:
-76.35%
SPLG:
-54.52%
DULL:
-76.35%
SPLG:
0.00%
Returns By Period
In the year-to-date period, DULL achieves a -28.82% return, which is significantly lower than SPLG's 4.58% return.
DULL
-28.82%
-22.42%
-38.01%
-67.90%
N/A
N/A
SPLG
4.58%
2.58%
10.05%
25.09%
14.80%
13.29%
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DULL vs. SPLG - Expense Ratio Comparison
DULL has a 0.95% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
DULL vs. SPLG — Risk-Adjusted Performance Rank
DULL
SPLG
DULL vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors Gold -3X Inverse Leveraged ETN (DULL) and SPDR Portfolio S&P 500 ETF (SPLG). 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
DULL vs. SPLG - Dividend Comparison
DULL has not paid dividends to shareholders, while SPLG's dividend yield for the trailing twelve months is around 1.22%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DULL MicroSectors Gold -3X Inverse Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPLG SPDR Portfolio S&P 500 ETF | 1.22% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
DULL vs. SPLG - Drawdown Comparison
The maximum DULL drawdown since its inception was -76.35%, which is greater than SPLG's maximum drawdown of -54.52%. Use the drawdown chart below to compare losses from any high point for DULL and SPLG. For additional features, visit the drawdowns tool.
Volatility
DULL vs. SPLG - Volatility Comparison
MicroSectors Gold -3X Inverse Leveraged ETN (DULL) has a higher volatility of 11.79% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 2.99%. This indicates that DULL's price experiences larger fluctuations and is considered to be riskier than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.