^GDAXI vs. DIA
Compare and contrast key facts about DAX Performance Index (^GDAXI) and SPDR Dow Jones Industrial Average ETF (DIA).
DIA is a passively managed fund by State Street that tracks the performance of the Dow Jones Industrial Average. It was launched on Jan 14, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^GDAXI or DIA.
Correlation
The correlation between ^GDAXI and DIA is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
^GDAXI vs. DIA - Performance Comparison
Key characteristics
^GDAXI:
2.17
DIA:
1.61
^GDAXI:
2.96
DIA:
2.30
^GDAXI:
1.38
DIA:
1.30
^GDAXI:
3.24
DIA:
2.77
^GDAXI:
11.81
DIA:
7.70
^GDAXI:
2.22%
DIA:
2.42%
^GDAXI:
12.10%
DIA:
11.58%
^GDAXI:
-72.68%
DIA:
-51.87%
^GDAXI:
0.00%
DIA:
-3.28%
Returns By Period
In the year-to-date period, ^GDAXI achieves a 4.99% return, which is significantly higher than DIA's 2.21% return. Over the past 10 years, ^GDAXI has underperformed DIA with an annualized return of 7.29%, while DIA has yielded a comparatively higher 11.83% annualized return.
^GDAXI
4.99%
4.67%
15.03%
26.27%
8.96%
7.29%
DIA
2.21%
2.73%
8.75%
16.75%
10.28%
11.83%
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Risk-Adjusted Performance
^GDAXI vs. DIA — Risk-Adjusted Performance Rank
^GDAXI
DIA
^GDAXI vs. DIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DAX Performance Index (^GDAXI) and SPDR Dow Jones Industrial Average ETF (DIA). 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
^GDAXI vs. DIA - Drawdown Comparison
The maximum ^GDAXI drawdown since its inception was -72.68%, which is greater than DIA's maximum drawdown of -51.87%. Use the drawdown chart below to compare losses from any high point for ^GDAXI and DIA. For additional features, visit the drawdowns tool.
Volatility
^GDAXI vs. DIA - Volatility Comparison
The current volatility for DAX Performance Index (^GDAXI) is 4.18%, while SPDR Dow Jones Industrial Average ETF (DIA) has a volatility of 4.43%. This indicates that ^GDAXI experiences smaller price fluctuations and is considered to be less risky than DIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.