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

Correlation

The correlation between ^DJUS and ^GSPC is 0.99, 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. ^GSPC - Performance Comparison

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

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
10.97%
10.43%
^DJUS
^GSPC

Key characteristics

Sharpe Ratio

^DJUS:

2.07

^GSPC:

2.16

Sortino Ratio

^DJUS:

2.75

^GSPC:

2.87

Omega Ratio

^DJUS:

1.38

^GSPC:

1.40

Calmar Ratio

^DJUS:

3.08

^GSPC:

3.19

Martin Ratio

^DJUS:

13.09

^GSPC:

13.87

Ulcer Index

^DJUS:

2.02%

^GSPC:

1.95%

Daily Std Dev

^DJUS:

12.77%

^GSPC:

12.54%

Max Drawdown

^DJUS:

-56.62%

^GSPC:

-56.78%

Current Drawdown

^DJUS:

-1.28%

^GSPC:

-0.82%

Returns By Period

The year-to-date returns for both investments are quite close, with ^DJUS having a 26.05% return and ^GSPC slightly higher at 26.63%. Both investments have delivered pretty close results over the past 10 years, with ^DJUS having a 10.91% annualized return and ^GSPC not far ahead at 11.23%.


^DJUS

YTD

26.05%

1M

0.69%

6M

10.97%

1Y

26.40%

5Y*

12.91%

10Y*

10.91%

^GSPC

YTD

26.63%

1M

1.18%

6M

10.44%

1Y

27.03%

5Y*

13.30%

10Y*

11.23%

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Risk-Adjusted Performance

^DJUS vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Index (^DJUS) and S&P 500 (^GSPC). 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 2.07, compared to the broader market0.001.002.002.072.16
The chart of Sortino ratio for ^DJUS, currently valued at 2.75, compared to the broader market-1.000.001.002.003.002.752.87
The chart of Omega ratio for ^DJUS, currently valued at 1.38, compared to the broader market0.901.001.101.201.301.401.381.40
The chart of Calmar ratio for ^DJUS, currently valued at 3.08, compared to the broader market0.001.002.003.003.083.19
The chart of Martin ratio for ^DJUS, currently valued at 13.09, compared to the broader market0.005.0010.0015.0013.0913.87
^DJUS
^GSPC

The current ^DJUS Sharpe Ratio is 2.07, which is comparable to the ^GSPC Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of ^DJUS and ^GSPC, 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
2.07
2.16
^DJUS
^GSPC

Drawdowns

^DJUS vs. ^GSPC - Drawdown Comparison

The maximum ^DJUS drawdown since its inception was -56.62%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ^DJUS and ^GSPC. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.28%
-0.82%
^DJUS
^GSPC

Volatility

^DJUS vs. ^GSPC - Volatility Comparison

Dow Jones U.S. Index (^DJUS) and S&P 500 (^GSPC) have volatilities of 4.11% and 3.96%, 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.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.11%
3.96%
^DJUS
^GSPC
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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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