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^DJUSFN vs. ^DJI
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^DJUSFN and ^DJI is 0.82, 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.


-0.50.00.51.00.8

Performance

^DJUSFN vs. ^DJI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dow Jones U.S. Financials Index (^DJUSFN) and Dow Jones Industrial Average (^DJI). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%AugustSeptemberOctoberNovemberDecember
15.58%
9.76%
^DJUSFN
^DJI

Key characteristics

Sharpe Ratio

^DJUSFN:

1.87

^DJI:

1.24

Sortino Ratio

^DJUSFN:

2.66

^DJI:

1.80

Omega Ratio

^DJUSFN:

1.35

^DJI:

1.23

Calmar Ratio

^DJUSFN:

2.91

^DJI:

2.31

Martin Ratio

^DJUSFN:

10.50

^DJI:

6.36

Ulcer Index

^DJUSFN:

2.40%

^DJI:

2.20%

Daily Std Dev

^DJUSFN:

13.37%

^DJI:

11.30%

Max Drawdown

^DJUSFN:

-80.50%

^DJI:

-53.78%

Current Drawdown

^DJUSFN:

-5.69%

^DJI:

-4.49%

Returns By Period

In the year-to-date period, ^DJUSFN achieves a 24.94% return, which is significantly higher than ^DJI's 14.07% return. Over the past 10 years, ^DJUSFN has underperformed ^DJI with an annualized return of 8.46%, while ^DJI has yielded a comparatively higher 9.13% annualized return.


^DJUSFN

YTD

24.94%

1M

-5.69%

6M

16.71%

1Y

24.30%

5Y*

8.45%

10Y*

8.46%

^DJI

YTD

14.07%

1M

-3.87%

6M

9.90%

1Y

14.01%

5Y*

8.47%

10Y*

9.13%

*Annualized

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Risk-Adjusted Performance

^DJUSFN vs. ^DJI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Financials Index (^DJUSFN) and Dow Jones Industrial Average (^DJI). 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 ^DJUSFN, currently valued at 1.87, compared to the broader market-0.500.000.501.001.502.002.501.871.29
The chart of Sortino ratio for ^DJUSFN, currently valued at 2.66, compared to the broader market-1.000.001.002.003.002.661.88
The chart of Omega ratio for ^DJUSFN, currently valued at 1.35, compared to the broader market0.901.001.101.201.301.401.351.24
The chart of Calmar ratio for ^DJUSFN, currently valued at 2.91, compared to the broader market0.001.002.003.002.912.41
The chart of Martin ratio for ^DJUSFN, currently valued at 10.50, compared to the broader market0.005.0010.0015.0010.506.51
^DJUSFN
^DJI

The current ^DJUSFN Sharpe Ratio is 1.87, which is higher than the ^DJI Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of ^DJUSFN and ^DJI, 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 Ratio1.002.003.004.00AugustSeptemberOctoberNovemberDecember
1.87
1.29
^DJUSFN
^DJI

Drawdowns

^DJUSFN vs. ^DJI - Drawdown Comparison

The maximum ^DJUSFN drawdown since its inception was -80.50%, which is greater than ^DJI's maximum drawdown of -53.78%. Use the drawdown chart below to compare losses from any high point for ^DJUSFN and ^DJI. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%AugustSeptemberOctoberNovemberDecember
-5.69%
-4.49%
^DJUSFN
^DJI

Volatility

^DJUSFN vs. ^DJI - Volatility Comparison

Dow Jones U.S. Financials Index (^DJUSFN) has a higher volatility of 4.43% compared to Dow Jones Industrial Average (^DJI) at 3.44%. This indicates that ^DJUSFN's price experiences larger fluctuations and is considered to be riskier than ^DJI 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%AugustSeptemberOctoberNovemberDecember
4.43%
3.44%
^DJUSFN
^DJI
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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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