IYY vs. DIA
Compare and contrast key facts about iShares Dow Jones U.S. ETF (IYY) and SPDR Dow Jones Industrial Average ETF (DIA).
IYY and DIA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IYY is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Index. It was launched on Jun 12, 2000. DIA is a passively managed fund by State Street that tracks the performance of the Dow Jones Industrial Average. It was launched on Jan 14, 1998. Both IYY and DIA 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: IYY or DIA.
Correlation
The correlation between IYY and DIA is 0.91, 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
IYY vs. DIA - Performance Comparison
Key characteristics
IYY:
2.16
DIA:
1.61
IYY:
2.87
DIA:
2.30
IYY:
1.40
DIA:
1.30
IYY:
3.30
DIA:
2.77
IYY:
13.33
DIA:
7.70
IYY:
2.12%
DIA:
2.42%
IYY:
13.03%
DIA:
11.58%
IYY:
-55.17%
DIA:
-51.87%
IYY:
-1.64%
DIA:
-3.28%
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with IYY at 2.21% and DIA at 2.21%. Over the past 10 years, IYY has outperformed DIA with an annualized return of 12.91%, while DIA has yielded a comparatively lower 11.83% annualized return.
IYY
2.21%
2.47%
10.11%
25.54%
13.72%
12.91%
DIA
2.21%
2.73%
8.75%
16.75%
10.28%
11.83%
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IYY vs. DIA - Expense Ratio Comparison
IYY has a 0.20% expense ratio, which is higher than DIA's 0.16% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
IYY vs. DIA — Risk-Adjusted Performance Rank
IYY
DIA
IYY vs. DIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Dow Jones U.S. ETF (IYY) and SPDR Dow Jones Industrial Average ETF (DIA). 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
IYY vs. DIA - Dividend Comparison
IYY's dividend yield for the trailing twelve months is around 1.03%, less than DIA's 1.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYY iShares Dow Jones U.S. ETF | 1.03% | 1.05% | 1.29% | 1.49% | 1.04% | 1.31% | 1.80% | 1.97% | 1.62% | 1.81% | 1.97% | 1.66% |
DIA SPDR Dow Jones Industrial Average ETF | 1.56% | 1.61% | 1.81% | 1.91% | 1.58% | 1.87% | 2.09% | 2.24% | 1.97% | 2.26% | 2.33% | 2.02% |
Drawdowns
IYY vs. DIA - Drawdown Comparison
The maximum IYY drawdown since its inception was -55.17%, which is greater than DIA's maximum drawdown of -51.87%. Use the drawdown chart below to compare losses from any high point for IYY and DIA. For additional features, visit the drawdowns tool.
Volatility
IYY vs. DIA - Volatility Comparison
iShares Dow Jones U.S. ETF (IYY) has a higher volatility of 5.18% compared to SPDR Dow Jones Industrial Average ETF (DIA) at 4.48%. This indicates that IYY's price experiences larger fluctuations and is considered to be riskier than DIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.