DWTFX vs. SPLG
Compare and contrast key facts about Arrow DWA Tactical: Macro Fund (DWTFX) and SPDR Portfolio S&P 500 ETF (SPLG).
DWTFX is managed by Arrow Funds. It was launched on May 29, 2008. 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: DWTFX or SPLG.
Correlation
The correlation between DWTFX and SPLG is 0.76, 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
DWTFX vs. SPLG - Performance Comparison
Key characteristics
DWTFX:
1.30
SPLG:
1.89
DWTFX:
1.80
SPLG:
2.53
DWTFX:
1.24
SPLG:
1.35
DWTFX:
0.82
SPLG:
2.84
DWTFX:
6.66
SPLG:
11.79
DWTFX:
2.38%
SPLG:
2.03%
DWTFX:
12.23%
SPLG:
12.68%
DWTFX:
-45.98%
SPLG:
-54.52%
DWTFX:
-5.55%
SPLG:
-0.89%
Returns By Period
In the year-to-date period, DWTFX achieves a 4.85% return, which is significantly higher than SPLG's 3.12% return. Over the past 10 years, DWTFX has underperformed SPLG with an annualized return of 0.45%, while SPLG has yielded a comparatively higher 13.44% annualized return.
DWTFX
4.85%
3.33%
15.85%
15.85%
2.51%
0.45%
SPLG
3.12%
1.51%
17.33%
23.97%
14.56%
13.44%
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DWTFX vs. SPLG - Expense Ratio Comparison
DWTFX has a 1.69% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
DWTFX vs. SPLG — Risk-Adjusted Performance Rank
DWTFX
SPLG
DWTFX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arrow DWA Tactical: Macro Fund (DWTFX) 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
DWTFX vs. SPLG - Dividend Comparison
DWTFX has not paid dividends to shareholders, while SPLG's dividend yield for the trailing twelve months is around 1.24%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DWTFX Arrow DWA Tactical: Macro Fund | 0.00% | 0.00% | 1.33% | 6.22% | 0.00% | 4.95% | 0.96% | 0.00% | 0.10% | 1.68% | 0.00% | 0.21% |
SPLG SPDR Portfolio S&P 500 ETF | 1.24% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
DWTFX vs. SPLG - Drawdown Comparison
The maximum DWTFX drawdown since its inception was -45.98%, smaller than the maximum SPLG drawdown of -54.52%. Use the drawdown chart below to compare losses from any high point for DWTFX and SPLG. For additional features, visit the drawdowns tool.
Volatility
DWTFX vs. SPLG - Volatility Comparison
The current volatility for Arrow DWA Tactical: Macro Fund (DWTFX) is 3.61%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 3.82%. This indicates that DWTFX experiences smaller price fluctuations and is considered to be less risky than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.