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EDOW vs. DGT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EDOW and DGT is 0.83, 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.


-0.50.00.51.00.8

Performance

EDOW vs. DGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Dow 30 Equal Weight ETF (EDOW) and SPDR Global Dow ETF (DGT). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
7.91%
3.62%
EDOW
DGT

Key characteristics

Sharpe Ratio

EDOW:

1.18

DGT:

1.30

Sortino Ratio

EDOW:

1.71

DGT:

1.77

Omega Ratio

EDOW:

1.22

DGT:

1.24

Calmar Ratio

EDOW:

1.93

DGT:

2.04

Martin Ratio

EDOW:

6.18

DGT:

8.42

Ulcer Index

EDOW:

2.06%

DGT:

1.70%

Daily Std Dev

EDOW:

10.78%

DGT:

10.98%

Max Drawdown

EDOW:

-33.72%

DGT:

-55.36%

Current Drawdown

EDOW:

-4.70%

DGT:

-4.37%

Returns By Period

In the year-to-date period, EDOW achieves a 12.60% return, which is significantly lower than DGT's 13.43% return.


EDOW

YTD

12.60%

1M

-0.91%

6M

7.91%

1Y

14.21%

5Y*

8.81%

10Y*

N/A

DGT

YTD

13.43%

1M

-2.13%

6M

3.62%

1Y

15.82%

5Y*

11.00%

10Y*

9.60%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


EDOW vs. DGT - Expense Ratio Comparison

Both EDOW and DGT have an expense ratio of 0.50%.


EDOW
First Trust Dow 30 Equal Weight ETF
Expense ratio chart for EDOW: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for DGT: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

EDOW vs. DGT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dow 30 Equal Weight ETF (EDOW) and SPDR Global Dow ETF (DGT). 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.


Sharpe ratio
The chart of Sharpe ratio for EDOW, currently valued at 1.18, compared to the broader market0.002.004.001.181.30
The chart of Sortino ratio for EDOW, currently valued at 1.71, compared to the broader market-2.000.002.004.006.008.0010.001.711.77
The chart of Omega ratio for EDOW, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.24
The chart of Calmar ratio for EDOW, currently valued at 1.93, compared to the broader market0.005.0010.0015.001.932.04
The chart of Martin ratio for EDOW, currently valued at 6.18, compared to the broader market0.0020.0040.0060.0080.00100.006.188.42
EDOW
DGT

The current EDOW Sharpe Ratio is 1.18, which is comparable to the DGT Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of EDOW and DGT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.18
1.30
EDOW
DGT

Dividends

EDOW vs. DGT - Dividend Comparison

EDOW's dividend yield for the trailing twelve months is around 1.81%, more than DGT's 1.71% yield.


TTM20232022202120202019201820172016201520142013
EDOW
First Trust Dow 30 Equal Weight ETF
1.81%1.93%1.91%1.52%1.84%1.89%1.82%0.75%0.00%0.00%0.00%0.00%
DGT
SPDR Global Dow ETF
1.71%2.53%3.15%2.66%1.97%2.76%2.50%1.93%2.31%2.37%2.67%2.18%

Drawdowns

EDOW vs. DGT - Drawdown Comparison

The maximum EDOW drawdown since its inception was -33.72%, smaller than the maximum DGT drawdown of -55.36%. Use the drawdown chart below to compare losses from any high point for EDOW and DGT. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.70%
-4.37%
EDOW
DGT

Volatility

EDOW vs. DGT - Volatility Comparison

First Trust Dow 30 Equal Weight ETF (EDOW) and SPDR Global Dow ETF (DGT) have volatilities of 3.33% and 3.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.33%
3.24%
EDOW
DGT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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