DWAFX vs. SPLG
Compare and contrast key facts about Arrow DWA Tactical: Balanced Fund (DWAFX) and SPDR Portfolio S&P 500 ETF (SPLG).
DWAFX is managed by Arrow Funds. It was launched on Aug 6, 2006. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DWAFX or SPLG.
Correlation
The correlation between DWAFX and SPLG is 0.72, 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
DWAFX vs. SPLG - Performance Comparison
Key characteristics
DWAFX:
0.51
SPLG:
1.77
DWAFX:
0.75
SPLG:
2.38
DWAFX:
1.09
SPLG:
1.32
DWAFX:
0.25
SPLG:
2.67
DWAFX:
2.03
SPLG:
11.06
DWAFX:
2.39%
SPLG:
2.03%
DWAFX:
9.61%
SPLG:
12.74%
DWAFX:
-36.81%
SPLG:
-54.52%
DWAFX:
-14.44%
SPLG:
-2.09%
Returns By Period
In the year-to-date period, DWAFX achieves a 2.89% return, which is significantly higher than SPLG's 2.39% return. Over the past 10 years, DWAFX has underperformed SPLG with an annualized return of -0.67%, while SPLG has yielded a comparatively higher 13.02% annualized return.
DWAFX
2.89%
0.26%
-0.13%
3.66%
1.43%
-0.67%
SPLG
2.39%
-1.05%
7.50%
19.88%
14.29%
13.02%
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DWAFX vs. SPLG - Expense Ratio Comparison
DWAFX has a 1.84% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
DWAFX vs. SPLG — Risk-Adjusted Performance Rank
DWAFX
SPLG
DWAFX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arrow DWA Tactical: Balanced Fund (DWAFX) 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
DWAFX vs. SPLG - Dividend Comparison
DWAFX's dividend yield for the trailing twelve months is around 0.13%, less than SPLG's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DWAFX Arrow DWA Tactical: Balanced Fund | 0.13% | 0.13% | 4.45% | 2.82% | 0.00% | 0.21% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 1.79% |
SPLG SPDR Portfolio S&P 500 ETF | 1.25% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
DWAFX vs. SPLG - Drawdown Comparison
The maximum DWAFX drawdown since its inception was -36.81%, smaller than the maximum SPLG drawdown of -54.52%. Use the drawdown chart below to compare losses from any high point for DWAFX and SPLG. For additional features, visit the drawdowns tool.
Volatility
DWAFX vs. SPLG - Volatility Comparison
Arrow DWA Tactical: Balanced Fund (DWAFX) has a higher volatility of 3.51% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 3.34%. This indicates that DWAFX'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.