NDJI vs. DIA
Compare and contrast key facts about Nationwide Dow Jones Risk-Managed Income ETF (NDJI) and SPDR Dow Jones Industrial Average ETF (DIA).
NDJI and DIA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NDJI is an actively managed fund by Nationwide. It was launched on Dec 16, 2021. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NDJI or DIA.
Correlation
The correlation between NDJI and DIA is 0.59, 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
NDJI vs. DIA - Performance Comparison
Key characteristics
Returns By Period
NDJI
N/A
N/A
N/A
N/A
N/A
N/A
DIA
-5.36%
-5.79%
-4.64%
5.99%
13.12%
10.61%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NDJI vs. DIA - Expense Ratio Comparison
NDJI has a 0.68% expense ratio, which is higher than DIA's 0.16% expense ratio.
Risk-Adjusted Performance
NDJI vs. DIA — Risk-Adjusted Performance Rank
NDJI
DIA
NDJI vs. DIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Dow Jones Risk-Managed Income ETF (NDJI) 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
NDJI vs. DIA - Dividend Comparison
NDJI has not paid dividends to shareholders, while DIA's dividend yield for the trailing twelve months is around 1.67%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDJI Nationwide Dow Jones Risk-Managed Income ETF | 0.00% | 0.58% | 6.74% | 7.69% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DIA SPDR Dow Jones Industrial Average ETF | 1.67% | 1.61% | 1.81% | 1.91% | 1.58% | 1.87% | 2.09% | 2.24% | 1.97% | 2.26% | 2.33% | 2.02% |
Drawdowns
NDJI vs. DIA - Drawdown Comparison
Volatility
NDJI vs. DIA - Volatility Comparison
The current volatility for Nationwide Dow Jones Risk-Managed Income ETF (NDJI) is 0.00%, while SPDR Dow Jones Industrial Average ETF (DIA) has a volatility of 12.14%. This indicates that NDJI experiences smaller price fluctuations and is considered to be less risky than DIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.