DURA vs. SPY
Compare and contrast key facts about VanEck Vectors Morningstar Durable Dividend ETF (DURA) and SPDR S&P 500 ETF (SPY).
DURA and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DURA is a passively managed fund by VanEck that tracks the performance of the Morningstar US Dividend Valuation Index. It was launched on Oct 30, 2018. 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. Both DURA and SPY 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: DURA or SPY.
Key characteristics
| DURA | SPY | |
|---|---|---|
| YTD Return | 14.31% | 27.16% |
| 1Y Return | 22.24% | 37.73% |
| 3Y Return (Ann) | 6.73% | 10.28% |
| 5Y Return (Ann) | 7.34% | 15.97% |
| Sharpe Ratio | 2.45 | 3.25 |
| Sortino Ratio | 3.52 | 4.32 |
| Omega Ratio | 1.45 | 1.61 |
| Calmar Ratio | 2.39 | 4.74 |
| Martin Ratio | 14.61 | 21.51 |
| Ulcer Index | 1.58% | 1.85% |
| Daily Std Dev | 9.44% | 12.20% |
| Max Drawdown | -33.12% | -55.19% |
| Current Drawdown | -0.96% | 0.00% |
Correlation
The correlation between DURA and SPY is 0.75, 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
DURA vs. SPY - Performance Comparison
In the year-to-date period, DURA achieves a 14.31% return, which is significantly lower than SPY's 27.16% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DURA vs. SPY - Expense Ratio Comparison
DURA has a 0.29% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
DURA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Morningstar Durable Dividend ETF (DURA) 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
DURA vs. SPY - Dividend Comparison
DURA's dividend yield for the trailing twelve months is around 2.90%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DURA VanEck Vectors Morningstar Durable Dividend ETF | 2.90% | 3.58% | 3.01% | 2.89% | 3.49% | 3.08% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
DURA vs. SPY - Drawdown Comparison
The maximum DURA drawdown since its inception was -33.12%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DURA and SPY. For additional features, visit the drawdowns tool.
Volatility
DURA vs. SPY - Volatility Comparison
The current volatility for VanEck Vectors Morningstar Durable Dividend ETF (DURA) is 2.63%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.92%. This indicates that DURA 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.