DWMC vs. SPY
Compare and contrast key facts about AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) and SPDR S&P 500 ETF (SPY).
DWMC and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DWMC is an actively managed fund by AdvisorShares. It was launched on Jul 10, 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DWMC or SPY.
Key characteristics
| DWMC | SPY |
|---|
Correlation
The correlation between DWMC and SPY is 0.50, 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.
Performance
DWMC vs. SPY - Performance Comparison
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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DWMC vs. SPY - Expense Ratio Comparison
DWMC has a 1.32% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
DWMC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) 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
DWMC vs. SPY - Dividend Comparison
DWMC has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.33%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DWMC AdvisorShares Dorsey Wright Micro-Cap ETF | 0.00% | 0.00% | 0.78% | 0.41% | 0.00% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.33% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
DWMC vs. SPY - Drawdown Comparison
Volatility
DWMC vs. SPY - Volatility Comparison
The current volatility for AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.54%. This indicates that DWMC 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.