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^DJUS vs. SPY
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^DJUS and SPY is 0.98, 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.


-0.50.00.51.01.0

Performance

^DJUS vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dow Jones U.S. Index (^DJUS) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
7.81%
7.86%
^DJUS
SPY

Key characteristics

Sharpe Ratio

^DJUS:

1.76

SPY:

2.03

Sortino Ratio

^DJUS:

2.37

SPY:

2.71

Omega Ratio

^DJUS:

1.33

SPY:

1.38

Calmar Ratio

^DJUS:

2.63

SPY:

3.02

Martin Ratio

^DJUS:

11.27

SPY:

13.49

Ulcer Index

^DJUS:

2.00%

SPY:

1.88%

Daily Std Dev

^DJUS:

12.82%

SPY:

12.48%

Max Drawdown

^DJUS:

-56.62%

SPY:

-55.19%

Current Drawdown

^DJUS:

-4.04%

SPY:

-3.54%

Returns By Period

In the year-to-date period, ^DJUS achieves a 22.52% return, which is significantly lower than SPY's 24.51% return. Over the past 10 years, ^DJUS has underperformed SPY with an annualized return of 10.66%, while SPY has yielded a comparatively higher 12.94% annualized return.


^DJUS

YTD

22.52%

1M

-0.99%

6M

7.81%

1Y

24.43%

5Y*

12.39%

10Y*

10.66%

SPY

YTD

24.51%

1M

-0.32%

6M

7.56%

1Y

24.63%

5Y*

14.51%

10Y*

12.94%

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Risk-Adjusted Performance

^DJUS vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Index (^DJUS) and SPDR S&P 500 ETF (SPY). 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
The chart of Sharpe ratio for ^DJUS, currently valued at 1.76, compared to the broader market-1.000.001.002.001.761.97
The chart of Sortino ratio for ^DJUS, currently valued at 2.37, compared to the broader market-1.000.001.002.003.002.372.64
The chart of Omega ratio for ^DJUS, currently valued at 1.33, compared to the broader market0.800.901.001.101.201.301.401.331.37
The chart of Calmar ratio for ^DJUS, currently valued at 2.63, compared to the broader market0.001.002.003.004.002.632.93
The chart of Martin ratio for ^DJUS, currently valued at 11.27, compared to the broader market0.005.0010.0015.0011.2713.01
^DJUS
SPY

The current ^DJUS Sharpe Ratio is 1.76, which is comparable to the SPY Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of ^DJUS and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.76
1.97
^DJUS
SPY

Drawdowns

^DJUS vs. SPY - Drawdown Comparison

The maximum ^DJUS drawdown since its inception was -56.62%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^DJUS and SPY. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.04%
-3.54%
^DJUS
SPY

Volatility

^DJUS vs. SPY - Volatility Comparison

Dow Jones U.S. Index (^DJUS) has a higher volatility of 3.81% compared to SPDR S&P 500 ETF (SPY) at 3.61%. This indicates that ^DJUS's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.81%
3.61%
^DJUS
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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