DXGE vs. SPY
Compare and contrast key facts about WisdomTree Germany Hedged Equity Fund (DXGE) and SPDR S&P 500 ETF (SPY).
DXGE and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DXGE is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Germany Hedged Equity Index. It was launched on Oct 17, 2013. 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 DXGE 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: DXGE or SPY.
Key characteristics
| DXGE | SPY |
|---|
Correlation
The correlation between DXGE and SPY is 0.63, 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
DXGE 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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DXGE vs. SPY - Expense Ratio Comparison
DXGE has a 0.48% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
DXGE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Germany Hedged Equity Fund (DXGE) 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
DXGE vs. SPY - Dividend Comparison
DXGE has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.32%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXGE WisdomTree Germany Hedged Equity Fund | 4.00% | 4.00% | 3.87% | 3.84% | 3.27% | 2.54% | 2.96% | 2.66% | 3.39% | 1.86% | 1.55% | 0.00% |
SPY SPDR S&P 500 ETF | 1.32% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
DXGE vs. SPY - Drawdown Comparison
Volatility
DXGE vs. SPY - Volatility Comparison
The current volatility for WisdomTree Germany Hedged Equity Fund (DXGE) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.58%. This indicates that DXGE 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.