^IMUS vs. SPY
Compare and contrast key facts about Dow Jones Islamic Market U.S. Index (^IMUS) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^IMUS or SPY.
Correlation
The correlation between ^IMUS and SPY is 0.94, 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.
Performance
^IMUS vs. SPY - Performance Comparison
Key characteristics
^IMUS:
1.15
SPY:
2.12
^IMUS:
1.58
SPY:
2.83
^IMUS:
1.24
SPY:
1.40
^IMUS:
1.54
SPY:
3.15
^IMUS:
5.77
SPY:
13.87
^IMUS:
2.71%
SPY:
1.91%
^IMUS:
13.50%
SPY:
12.51%
^IMUS:
-47.72%
SPY:
-55.19%
^IMUS:
-3.01%
SPY:
-1.78%
Returns By Period
In the year-to-date period, ^IMUS achieves a 24.96% return, which is significantly lower than SPY's 26.79% return. Over the past 10 years, ^IMUS has underperformed SPY with an annualized return of 11.78%, while SPY has yielded a comparatively higher 13.08% annualized return.
^IMUS
24.96%
-0.42%
6.84%
24.96%
13.35%
11.78%
SPY
26.79%
-0.30%
10.04%
26.42%
14.75%
13.08%
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Risk-Adjusted Performance
^IMUS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Islamic Market U.S. Index (^IMUS) 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.
Drawdowns
^IMUS vs. SPY - Drawdown Comparison
The maximum ^IMUS drawdown since its inception was -47.72%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^IMUS and SPY. For additional features, visit the drawdowns tool.
Volatility
^IMUS vs. SPY - Volatility Comparison
Dow Jones Islamic Market U.S. Index (^IMUS) has a higher volatility of 4.35% compared to SPDR S&P 500 ETF (SPY) at 3.93%. This indicates that ^IMUS'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.