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DUOL vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

DUOL vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Duolingo, Inc. (DUOL) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%JuneJulyAugustSeptemberOctoberNovember
162.17%
42.27%
DUOL
SPY

Returns By Period

In the year-to-date period, DUOL achieves a 55.16% return, which is significantly higher than SPY's 26.47% return.


DUOL

YTD

55.16%

1M

25.08%

6M

97.29%

1Y

58.93%

5Y (annualized)

N/A

10Y (annualized)

N/A

SPY

YTD

26.47%

1M

3.03%

6M

13.19%

1Y

32.65%

5Y (annualized)

15.68%

10Y (annualized)

13.14%

Key characteristics


DUOLSPY
Sharpe Ratio1.162.69
Sortino Ratio1.833.59
Omega Ratio1.241.50
Calmar Ratio1.693.88
Martin Ratio3.6617.47
Ulcer Index16.70%1.87%
Daily Std Dev52.74%12.14%
Max Drawdown-68.92%-55.19%
Current Drawdown0.00%-0.54%

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Correlation

-0.50.00.51.00.4

The correlation between DUOL and SPY is 0.44, 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.

Risk-Adjusted Performance

DUOL vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Duolingo, Inc. (DUOL) 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.


Sharpe ratio
The chart of Sharpe ratio for DUOL, currently valued at 1.16, compared to the broader market-4.00-2.000.002.004.001.162.69
The chart of Sortino ratio for DUOL, currently valued at 1.83, compared to the broader market-4.00-2.000.002.004.001.833.59
The chart of Omega ratio for DUOL, currently valued at 1.24, compared to the broader market0.501.001.502.001.241.50
The chart of Calmar ratio for DUOL, currently valued at 1.69, compared to the broader market0.002.004.006.001.693.88
The chart of Martin ratio for DUOL, currently valued at 3.66, compared to the broader market0.0010.0020.0030.003.6617.47
DUOL
SPY

The current DUOL Sharpe Ratio is 1.16, which is lower than the SPY Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of DUOL and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
1.16
2.69
DUOL
SPY

Dividends

DUOL vs. SPY - Dividend Comparison

DUOL has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.18%.


TTM20232022202120202019201820172016201520142013
DUOL
Duolingo, Inc.
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%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

DUOL vs. SPY - Drawdown Comparison

The maximum DUOL drawdown since its inception was -68.92%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DUOL and SPY. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.54%
DUOL
SPY

Volatility

DUOL vs. SPY - Volatility Comparison

Duolingo, Inc. (DUOL) has a higher volatility of 12.44% compared to SPDR S&P 500 ETF (SPY) at 3.98%. This indicates that DUOL's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
12.44%
3.98%
DUOL
SPY