IYJ vs. DJD
Compare and contrast key facts about iShares U.S. Industrials ETF (IYJ) and Invesco Dow Jones Industrial Average Dividend ETF (DJD).
IYJ and DJD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IYJ is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Industrials Index. It was launched on Jul 14, 2000. DJD is a passively managed fund by Invesco that tracks the performance of the Dow Jones Industrial Average Yield Weight. It was launched on Dec 16, 2015. Both IYJ and DJD 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: IYJ or DJD.
Key characteristics
| IYJ | DJD | |
|---|---|---|
| YTD Return | 18.27% | 13.39% |
| 1Y Return | 39.54% | 29.25% |
| 3Y Return (Ann) | 7.61% | 8.50% |
| 5Y Return (Ann) | 11.69% | 9.72% |
| Sharpe Ratio | 3.19 | 2.68 |
| Sortino Ratio | 4.31 | 3.99 |
| Omega Ratio | 1.55 | 1.49 |
| Calmar Ratio | 3.02 | 3.07 |
| Martin Ratio | 18.05 | 18.34 |
| Ulcer Index | 2.25% | 1.63% |
| Daily Std Dev | 12.75% | 11.17% |
| Max Drawdown | -61.97% | -34.66% |
| Current Drawdown | -2.52% | -4.40% |
Correlation
The correlation between IYJ and DJD is 0.77, 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
IYJ vs. DJD - Performance Comparison
In the year-to-date period, IYJ achieves a 18.27% return, which is significantly higher than DJD's 13.39% return. 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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IYJ vs. DJD - Expense Ratio Comparison
IYJ has a 0.42% expense ratio, which is higher than DJD's 0.07% expense ratio.
Risk-Adjusted Performance
IYJ vs. DJD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Industrials ETF (IYJ) and Invesco Dow Jones Industrial Average Dividend ETF (DJD). 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
IYJ vs. DJD - Dividend Comparison
IYJ's dividend yield for the trailing twelve months is around 0.87%, less than DJD's 3.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYJ iShares U.S. Industrials ETF | 0.87% | 1.05% | 1.05% | 0.76% | 1.01% | 1.32% | 1.43% | 1.29% | 1.38% | 1.53% | 1.46% | 1.14% |
DJD Invesco Dow Jones Industrial Average Dividend ETF | 3.11% | 3.49% | 3.16% | 2.82% | 3.47% | 2.80% | 2.66% | 3.26% | 3.65% | 0.16% | 0.00% | 0.00% |
Drawdowns
IYJ vs. DJD - Drawdown Comparison
The maximum IYJ drawdown since its inception was -61.97%, which is greater than DJD's maximum drawdown of -34.66%. Use the drawdown chart below to compare losses from any high point for IYJ and DJD. For additional features, visit the drawdowns tool.
Volatility
IYJ vs. DJD - Volatility Comparison
iShares U.S. Industrials ETF (IYJ) and Invesco Dow Jones Industrial Average Dividend ETF (DJD) have volatilities of 2.85% and 2.95%, 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.