^DJI vs. IVW
Compare and contrast key facts about Dow Jones Industrial Average (^DJI) and iShares S&P 500 Growth ETF (IVW).
IVW is a passively managed fund by iShares that tracks the performance of the S&P 500/Citigroup Growth Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DJI or IVW.
Performance
^DJI vs. IVW - Performance Comparison
Returns By Period
In the year-to-date period, ^DJI achieves a 15.27% return, which is significantly lower than IVW's 32.06% return. Over the past 10 years, ^DJI has underperformed IVW with an annualized return of 9.41%, while IVW has yielded a comparatively higher 14.83% annualized return.
^DJI
15.27%
0.39%
8.60%
24.32%
9.27%
9.41%
IVW
32.06%
1.36%
14.83%
38.12%
17.16%
14.83%
Key characteristics
| ^DJI | IVW | |
|---|---|---|
| Sharpe Ratio | 2.19 | 2.25 |
| Sortino Ratio | 3.13 | 2.93 |
| Omega Ratio | 1.41 | 1.41 |
| Calmar Ratio | 3.99 | 2.79 |
| Martin Ratio | 12.20 | 11.87 |
| Ulcer Index | 1.98% | 3.21% |
| Daily Std Dev | 11.01% | 17.01% |
| Max Drawdown | -53.78% | -57.35% |
| Current Drawdown | -1.91% | -2.26% |
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Correlation
The correlation between ^DJI and IVW is 0.87, 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.
Risk-Adjusted Performance
^DJI vs. IVW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Industrial Average (^DJI) and iShares S&P 500 Growth ETF (IVW). 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.
Drawdowns
^DJI vs. IVW - Drawdown Comparison
The maximum ^DJI drawdown since its inception was -53.78%, smaller than the maximum IVW drawdown of -57.35%. Use the drawdown chart below to compare losses from any high point for ^DJI and IVW. For additional features, visit the drawdowns tool.
Volatility
^DJI vs. IVW - Volatility Comparison
The current volatility for Dow Jones Industrial Average (^DJI) is 4.58%, while iShares S&P 500 Growth ETF (IVW) has a volatility of 5.51%. This indicates that ^DJI experiences smaller price fluctuations and is considered to be less risky than IVW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.