TMC vs. DJIA
Compare and contrast key facts about TMC the metals company Inc. (TMC) and Global X Dow 30 Covered Call ETF (DJIA).
DJIA is a passively managed fund by Global X that tracks the performance of the DJIA Cboe BuyWrite v2 Index. It was launched on Feb 23, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TMC or DJIA.
Correlation
The correlation between TMC and DJIA is 0.65, 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
TMC vs. DJIA - Performance Comparison
Key characteristics
TMC:
0.79
DJIA:
0.53
TMC:
2.17
DJIA:
0.85
TMC:
1.25
DJIA:
1.14
TMC:
0.89
DJIA:
0.61
TMC:
2.81
DJIA:
2.91
TMC:
29.75%
DJIA:
2.54%
TMC:
106.23%
DJIA:
14.04%
TMC:
-95.58%
DJIA:
-16.91%
TMC:
-75.50%
DJIA:
-6.95%
Returns By Period
In the year-to-date period, TMC achieves a 172.32% return, which is significantly higher than DJIA's -3.23% return.
TMC
172.32%
77.33%
207.06%
94.27%
N/A
N/A
DJIA
-3.23%
-3.01%
0.96%
6.70%
N/A
N/A
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Risk-Adjusted Performance
TMC vs. DJIA — Risk-Adjusted Performance Rank
TMC
DJIA
TMC vs. DJIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TMC the metals company Inc. (TMC) and Global X Dow 30 Covered Call ETF (DJIA). 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
TMC vs. DJIA - Dividend Comparison
TMC has not paid dividends to shareholders, while DJIA's dividend yield for the trailing twelve months is around 12.85%.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
TMC TMC the metals company Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
DJIA Global X Dow 30 Covered Call ETF | 12.85% | 11.44% | 7.16% | 9.18% |
Drawdowns
TMC vs. DJIA - Drawdown Comparison
The maximum TMC drawdown since its inception was -95.58%, which is greater than DJIA's maximum drawdown of -16.91%. Use the drawdown chart below to compare losses from any high point for TMC and DJIA. For additional features, visit the drawdowns tool.
Volatility
TMC vs. DJIA - Volatility Comparison
TMC the metals company Inc. (TMC) has a higher volatility of 64.42% compared to Global X Dow 30 Covered Call ETF (DJIA) at 10.97%. This indicates that TMC's price experiences larger fluctuations and is considered to be riskier than DJIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.