URTH vs. DIA
Compare and contrast key facts about iShares MSCI World ETF (URTH) and SPDR Dow Jones Industrial Average ETF (DIA).
URTH and DIA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. URTH is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Jan 10, 2012. 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. Both URTH and DIA 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: URTH or DIA.
Key characteristics
URTH | DIA | |
---|---|---|
YTD Return | 8.94% | 5.97% |
1Y Return | 29.55% | 25.16% |
3Y Return (Ann) | 8.72% | 8.36% |
5Y Return (Ann) | 12.32% | 11.14% |
10Y Return (Ann) | 9.75% | 11.69% |
Sharpe Ratio | 2.59 | 2.51 |
Daily Std Dev | 11.37% | 9.95% |
Max Drawdown | -34.01% | -51.87% |
Current Drawdown | 0.00% | -0.05% |
Correlation
The correlation between URTH and DIA is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
URTH vs. DIA - Performance Comparison
In the year-to-date period, URTH achieves a 8.94% return, which is significantly higher than DIA's 5.97% return. Over the past 10 years, URTH has underperformed DIA with an annualized return of 9.75%, while DIA has yielded a comparatively higher 11.69% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
URTH vs. DIA - Expense Ratio Comparison
Risk-Adjusted Performance
URTH vs. DIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World ETF (URTH) 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.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
iShares MSCI World ETF | 2.59 | ||||
SPDR Dow Jones Industrial Average ETF | 2.51 |
Dividends
URTH vs. DIA - Dividend Comparison
URTH's dividend yield for the trailing twelve months is around 1.56%, less than DIA's 1.73% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
iShares MSCI World ETF | 1.56% | 1.70% | 1.68% | 1.50% | 1.52% | 2.16% | 2.30% | 1.88% | 2.15% | 2.35% | 2.31% | 1.04% |
SPDR Dow Jones Industrial Average ETF | 1.73% | 1.81% | 1.91% | 1.58% | 1.87% | 2.09% | 2.24% | 1.97% | 2.26% | 2.33% | 2.02% | 2.08% |
Drawdowns
URTH vs. DIA - Drawdown Comparison
The maximum URTH drawdown since its inception was -34.01%, smaller than the maximum DIA drawdown of -51.87%. The drawdown chart below compares losses from any high point along the way for URTH and DIA
Volatility
URTH vs. DIA - Volatility Comparison
iShares MSCI World ETF (URTH) and SPDR Dow Jones Industrial Average ETF (DIA) have volatilities of 2.66% and 2.62%, 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.