DIA vs. MLPA
Compare and contrast key facts about SPDR Dow Jones Industrial Average ETF (DIA) and Global X MLP ETF (MLPA).
DIA and MLPA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. MLPA is a passively managed fund by Global X that tracks the performance of the Solactive MLP Infrastructure Index. It was launched on Apr 18, 2012. Both DIA and MLPA 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: DIA or MLPA.
Correlation
The correlation between DIA and MLPA is 0.47, 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
DIA vs. MLPA - Performance Comparison
Key characteristics
DIA:
1.56
MLPA:
1.50
DIA:
2.24
MLPA:
2.16
DIA:
1.29
MLPA:
1.26
DIA:
2.90
MLPA:
2.12
DIA:
8.52
MLPA:
8.07
DIA:
2.06%
MLPA:
2.38%
DIA:
11.27%
MLPA:
12.82%
DIA:
-51.87%
MLPA:
-78.74%
DIA:
-4.69%
MLPA:
-7.17%
Returns By Period
In the year-to-date period, DIA achieves a 15.64% return, which is significantly lower than MLPA's 18.96% return. Over the past 10 years, DIA has outperformed MLPA with an annualized return of 11.38%, while MLPA has yielded a comparatively lower 1.65% annualized return.
DIA
15.64%
-1.04%
10.39%
16.57%
10.63%
11.38%
MLPA
18.96%
-1.57%
6.67%
18.58%
10.23%
1.65%
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DIA vs. MLPA - Expense Ratio Comparison
DIA has a 0.16% expense ratio, which is lower than MLPA's 0.46% expense ratio.
Risk-Adjusted Performance
DIA vs. MLPA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Dow Jones Industrial Average ETF (DIA) and Global X MLP ETF (MLPA). 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
DIA vs. MLPA - Dividend Comparison
DIA's dividend yield for the trailing twelve months is around 1.59%, less than MLPA's 7.33% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
SPDR Dow Jones Industrial Average ETF | 1.59% | 1.81% | 1.91% | 1.58% | 1.87% | 2.09% | 2.24% | 1.97% | 2.26% | 2.33% | 2.02% | 2.08% |
Global X MLP ETF | 7.33% | 7.49% | 7.30% | 8.72% | 13.85% | 9.11% | 10.03% | 8.07% | 7.16% | 9.29% | 5.80% | 5.62% |
Drawdowns
DIA vs. MLPA - Drawdown Comparison
The maximum DIA drawdown since its inception was -51.87%, smaller than the maximum MLPA drawdown of -78.74%. Use the drawdown chart below to compare losses from any high point for DIA and MLPA. For additional features, visit the drawdowns tool.
Volatility
DIA vs. MLPA - Volatility Comparison
The current volatility for SPDR Dow Jones Industrial Average ETF (DIA) is 3.83%, while Global X MLP ETF (MLPA) has a volatility of 5.21%. This indicates that DIA experiences smaller price fluctuations and is considered to be less risky than MLPA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.