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

Correlation

The correlation between ^DVG and SPY is 0.93, 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.


-0.50.00.51.00.9

Performance

^DVG vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NASDAQ US Dividend Achievers Select Index (^DVG) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

300.00%400.00%500.00%600.00%700.00%JulyAugustSeptemberOctoberNovemberDecember
331.57%
651.71%
^DVG
SPY

Key characteristics

Sharpe Ratio

^DVG:

1.68

SPY:

2.21

Sortino Ratio

^DVG:

2.37

SPY:

2.93

Omega Ratio

^DVG:

1.31

SPY:

1.41

Calmar Ratio

^DVG:

3.38

SPY:

3.26

Martin Ratio

^DVG:

10.07

SPY:

14.43

Ulcer Index

^DVG:

1.71%

SPY:

1.90%

Daily Std Dev

^DVG:

10.17%

SPY:

12.41%

Max Drawdown

^DVG:

-48.54%

SPY:

-55.19%

Current Drawdown

^DVG:

-3.50%

SPY:

-2.74%

Returns By Period

In the year-to-date period, ^DVG achieves a 17.00% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, ^DVG has underperformed SPY with an annualized return of 9.26%, while SPY has yielded a comparatively higher 12.97% annualized return.


^DVG

YTD

17.00%

1M

-0.75%

6M

7.37%

1Y

17.91%

5Y*

9.85%

10Y*

9.26%

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

^DVG vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NASDAQ US Dividend Achievers Select Index (^DVG) 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 ^DVG, currently valued at 1.68, compared to the broader market0.001.002.001.682.13
The chart of Sortino ratio for ^DVG, currently valued at 2.37, compared to the broader market-1.000.001.002.003.002.372.83
The chart of Omega ratio for ^DVG, currently valued at 1.31, compared to the broader market0.901.001.101.201.301.401.311.40
The chart of Calmar ratio for ^DVG, currently valued at 3.38, compared to the broader market0.001.002.003.003.383.12
The chart of Martin ratio for ^DVG, currently valued at 10.07, compared to the broader market0.005.0010.0015.0020.0010.0713.28
^DVG
SPY

The current ^DVG Sharpe Ratio is 1.68, which is comparable to the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of ^DVG 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 Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.68
2.13
^DVG
SPY

Drawdowns

^DVG vs. SPY - Drawdown Comparison

The maximum ^DVG drawdown since its inception was -48.54%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^DVG and SPY. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.50%
-2.74%
^DVG
SPY

Volatility

^DVG vs. SPY - Volatility Comparison

NASDAQ US Dividend Achievers Select Index (^DVG) and SPDR S&P 500 ETF (SPY) have volatilities of 3.58% and 3.72%, 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
3.58%
3.72%
^DVG
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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