EVX vs. ^DJT
Compare and contrast key facts about VanEck Vectors Environmental Services ETF (EVX) and Dow Jones Transportation Average (^DJT).
EVX is a passively managed fund by VanEck that tracks the performance of the NYSE Arca Environmental Services Index. It was launched on Oct 16, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EVX or ^DJT.
Correlation
The correlation between EVX and ^DJT is 0.66, 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
EVX vs. ^DJT - Performance Comparison
Key characteristics
EVX:
0.55
^DJT:
-0.44
EVX:
0.89
^DJT:
-0.48
EVX:
1.12
^DJT:
0.94
EVX:
0.65
^DJT:
-0.36
EVX:
2.20
^DJT:
-1.14
EVX:
4.41%
^DJT:
9.16%
EVX:
17.56%
^DJT:
23.86%
EVX:
-55.91%
^DJT:
-60.92%
EVX:
-6.91%
^DJT:
-23.98%
Returns By Period
In the year-to-date period, EVX achieves a 1.83% return, which is significantly higher than ^DJT's -15.09% return. Over the past 10 years, EVX has outperformed ^DJT with an annualized return of 14.29%, while ^DJT has yielded a comparatively lower 4.50% annualized return.
EVX
1.83%
-2.35%
-2.34%
10.03%
17.68%
14.29%
^DJT
-15.09%
-9.32%
-16.19%
-11.03%
10.20%
4.50%
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Risk-Adjusted Performance
EVX vs. ^DJT — Risk-Adjusted Performance Rank
EVX
^DJT
EVX vs. ^DJT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Environmental Services ETF (EVX) and Dow Jones Transportation Average (^DJT). 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.
Drawdowns
EVX vs. ^DJT - Drawdown Comparison
The maximum EVX drawdown since its inception was -55.91%, smaller than the maximum ^DJT drawdown of -60.92%. Use the drawdown chart below to compare losses from any high point for EVX and ^DJT. For additional features, visit the drawdowns tool.
Volatility
EVX vs. ^DJT - Volatility Comparison
The current volatility for VanEck Vectors Environmental Services ETF (EVX) is 10.85%, while Dow Jones Transportation Average (^DJT) has a volatility of 16.38%. This indicates that EVX experiences smaller price fluctuations and is considered to be less risky than ^DJT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.