DXYZ vs. SPY
Compare and contrast key facts about Destiny Tech100 Inc (DXYZ) and SPDR S&P 500 ETF (SPY).
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: DXYZ or SPY.
Correlation
The correlation between DXYZ and SPY is 0.51, 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
DXYZ vs. SPY - Performance Comparison
Key characteristics
DXYZ:
0.26
SPY:
0.51
DXYZ:
1.61
SPY:
0.86
DXYZ:
1.19
SPY:
1.13
DXYZ:
0.41
SPY:
0.55
DXYZ:
0.81
SPY:
2.26
DXYZ:
45.57%
SPY:
4.55%
DXYZ:
143.11%
SPY:
20.08%
DXYZ:
-90.35%
SPY:
-55.19%
DXYZ:
-60.92%
SPY:
-9.89%
Returns By Period
In the year-to-date period, DXYZ achieves a -33.74% return, which is significantly lower than SPY's -5.76% return.
DXYZ
-33.74%
-3.11%
225.27%
107.12%
N/A
N/A
SPY
-5.76%
-2.90%
-4.30%
9.72%
15.64%
12.04%
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Risk-Adjusted Performance
DXYZ vs. SPY — Risk-Adjusted Performance Rank
DXYZ
SPY
DXYZ vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Destiny Tech100 Inc (DXYZ) 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
DXYZ vs. SPY - Dividend Comparison
DXYZ has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.30%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXYZ Destiny Tech100 Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DXYZ vs. SPY - Drawdown Comparison
The maximum DXYZ drawdown since its inception was -90.35%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DXYZ and SPY. For additional features, visit the drawdowns tool.
Volatility
DXYZ vs. SPY - Volatility Comparison
Destiny Tech100 Inc (DXYZ) has a higher volatility of 37.11% compared to SPDR S&P 500 ETF (SPY) at 15.12%. This indicates that DXYZ's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.