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DIA vs. MLPA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.5

Performance

DIA vs. MLPA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Dow Jones Industrial Average ETF (DIA) and Global X MLP ETF (MLPA). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
334.14%
45.84%
DIA
MLPA

Key characteristics

Sharpe Ratio

DIA:

1.56

MLPA:

1.50

Sortino Ratio

DIA:

2.24

MLPA:

2.16

Omega Ratio

DIA:

1.29

MLPA:

1.26

Calmar Ratio

DIA:

2.90

MLPA:

2.12

Martin Ratio

DIA:

8.52

MLPA:

8.07

Ulcer Index

DIA:

2.06%

MLPA:

2.38%

Daily Std Dev

DIA:

11.27%

MLPA:

12.82%

Max Drawdown

DIA:

-51.87%

MLPA:

-78.74%

Current Drawdown

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

YTD

15.64%

1M

-1.04%

6M

10.39%

1Y

16.57%

5Y*

10.63%

10Y*

11.38%

MLPA

YTD

18.96%

1M

-1.57%

6M

6.67%

1Y

18.58%

5Y*

10.23%

10Y*

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.


MLPA
Global X MLP ETF
Expense ratio chart for MLPA: current value at 0.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.46%
Expense ratio chart for DIA: current value at 0.16% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.16%

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.


Sharpe ratio
The chart of Sharpe ratio for DIA, currently valued at 1.56, compared to the broader market0.002.004.001.561.50
The chart of Sortino ratio for DIA, currently valued at 2.24, compared to the broader market-2.000.002.004.006.008.0010.002.242.16
The chart of Omega ratio for DIA, currently valued at 1.29, compared to the broader market0.501.001.502.002.503.001.291.26
The chart of Calmar ratio for DIA, currently valued at 2.90, compared to the broader market0.005.0010.0015.002.902.12
The chart of Martin ratio for DIA, currently valued at 8.52, compared to the broader market0.0020.0040.0060.0080.00100.008.528.07
DIA
MLPA

The current DIA Sharpe Ratio is 1.56, which is comparable to the MLPA Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of DIA and MLPA, 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
1.56
1.50
DIA
MLPA

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.


TTM20232022202120202019201820172016201520142013
DIA
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%
MLPA
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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.69%
-7.17%
DIA
MLPA

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.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.83%
5.21%
DIA
MLPA
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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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