ROP vs. DIA
Compare and contrast key facts about Roper Technologies, Inc. (ROP) and SPDR Dow Jones Industrial Average ETF (DIA).
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: ROP or DIA.
Correlation
The correlation between ROP and DIA is 0.58, 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
ROP vs. DIA - Performance Comparison
Key characteristics
ROP:
0.32
DIA:
0.58
ROP:
0.54
DIA:
0.89
ROP:
1.07
DIA:
1.11
ROP:
0.47
DIA:
0.81
ROP:
1.21
DIA:
2.38
ROP:
4.89%
DIA:
3.02%
ROP:
18.83%
DIA:
12.52%
ROP:
-58.95%
DIA:
-51.87%
ROP:
-0.51%
DIA:
-6.33%
Returns By Period
In the year-to-date period, ROP achieves a 13.83% return, which is significantly higher than DIA's -1.02% return. Over the past 10 years, ROP has outperformed DIA with an annualized return of 13.88%, while DIA has yielded a comparatively lower 11.30% annualized return.
ROP
13.83%
1.07%
8.08%
7.32%
14.84%
13.88%
DIA
-1.02%
-4.10%
0.31%
7.86%
16.61%
11.30%
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Risk-Adjusted Performance
ROP vs. DIA — Risk-Adjusted Performance Rank
ROP
DIA
ROP vs. DIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roper Technologies, Inc. (ROP) 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
ROP vs. DIA - Dividend Comparison
ROP's dividend yield for the trailing twelve months is around 0.52%, less than DIA's 1.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROP Roper Technologies, Inc. | 0.52% | 0.58% | 0.50% | 0.57% | 0.46% | 0.48% | 0.52% | 0.62% | 0.54% | 0.66% | 0.53% | 0.51% |
DIA SPDR Dow Jones Industrial Average ETF | 1.60% | 1.61% | 1.81% | 1.91% | 1.58% | 1.87% | 2.09% | 2.24% | 1.97% | 2.26% | 2.33% | 2.02% |
Drawdowns
ROP vs. DIA - Drawdown Comparison
The maximum ROP drawdown since its inception was -58.95%, which is greater than DIA's maximum drawdown of -51.87%. Use the drawdown chart below to compare losses from any high point for ROP and DIA. For additional features, visit the drawdowns tool.
Volatility
ROP vs. DIA - Volatility Comparison
Roper Technologies, Inc. (ROP) and SPDR Dow Jones Industrial Average ETF (DIA) have volatilities of 4.87% and 4.90%, 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.