DVYE vs. GLD
Compare and contrast key facts about iShares Emerging Markets Dividend ETF (DVYE) and SPDR Gold Trust (GLD).
DVYE and GLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DVYE is a passively managed fund by iShares that tracks the performance of the Dow Jones Emerging Markets Select Dividend Index. It was launched on Feb 23, 2012. GLD is a passively managed fund by State Street that tracks the performance of the Gold Bullion. It was launched on Nov 18, 2004. Both DVYE and GLD 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: DVYE or GLD.
Key characteristics
| DVYE | GLD | |
|---|---|---|
| YTD Return | 2.56% | 10.83% |
| 1Y Return | 19.03% | 15.17% |
| 3Y Return (Ann) | -4.10% | 8.57% |
| 5Y Return (Ann) | -0.45% | 12.08% |
| 10Y Return (Ann) | 0.29% | 5.42% |
| Sharpe Ratio | 1.30 | 1.18 |
| Daily Std Dev | 14.31% | 12.45% |
| Max Drawdown | -47.42% | -45.56% |
| Current Drawdown | -19.26% | -4.23% |
Correlation
The correlation between DVYE and GLD is 0.19, 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.
Performance
DVYE vs. GLD - Performance Comparison
In the year-to-date period, DVYE achieves a 2.56% return, which is significantly lower than GLD's 10.83% return. Over the past 10 years, DVYE has underperformed GLD with an annualized return of 0.29%, while GLD has yielded a comparatively higher 5.42% annualized 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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DVYE vs. GLD - Expense Ratio Comparison
DVYE has a 0.49% expense ratio, which is higher than GLD's 0.40% expense ratio.
Risk-Adjusted Performance
DVYE vs. GLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Emerging Markets Dividend ETF (DVYE) and SPDR Gold Trust (GLD). 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
DVYE vs. GLD - Dividend Comparison
DVYE's dividend yield for the trailing twelve months is around 8.92%, while GLD has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVYE iShares Emerging Markets Dividend ETF | 8.92% | 9.05% | 9.89% | 7.31% | 5.27% | 5.97% | 5.69% | 4.81% | 4.56% | 6.53% | 4.51% | 4.59% |
GLD SPDR Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DVYE vs. GLD - Drawdown Comparison
The maximum DVYE drawdown since its inception was -47.42%, roughly equal to the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for DVYE and GLD. For additional features, visit the drawdowns tool.
Volatility
DVYE vs. GLD - Volatility Comparison
The current volatility for iShares Emerging Markets Dividend ETF (DVYE) is 4.02%, while SPDR Gold Trust (GLD) has a volatility of 5.44%. This indicates that DVYE experiences smaller price fluctuations and is considered to be less risky than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.