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

Correlation

The correlation between ^IMUS and ^DJI is 0.87, 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

^IMUS vs. ^DJI - Performance Comparison

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

-5.00%0.00%5.00%10.00%15.00%AugustSeptemberOctoberNovemberDecember
6.84%
8.69%
^IMUS
^DJI

Key characteristics

Sharpe Ratio

^IMUS:

1.15

^DJI:

1.14

Sortino Ratio

^IMUS:

1.58

^DJI:

1.67

Omega Ratio

^IMUS:

1.24

^DJI:

1.21

Calmar Ratio

^IMUS:

1.54

^DJI:

2.14

Martin Ratio

^IMUS:

5.77

^DJI:

5.82

Ulcer Index

^IMUS:

2.71%

^DJI:

2.23%

Daily Std Dev

^IMUS:

13.50%

^DJI:

11.37%

Max Drawdown

^IMUS:

-47.72%

^DJI:

-53.78%

Current Drawdown

^IMUS:

-3.01%

^DJI:

-5.42%

Returns By Period

In the year-to-date period, ^IMUS achieves a 24.96% return, which is significantly higher than ^DJI's 12.96% return. Over the past 10 years, ^IMUS has outperformed ^DJI with an annualized return of 11.78%, while ^DJI has yielded a comparatively lower 9.11% annualized return.


^IMUS

YTD

24.96%

1M

-0.42%

6M

6.84%

1Y

24.96%

5Y*

13.35%

10Y*

11.78%

^DJI

YTD

12.96%

1M

-5.20%

6M

8.69%

1Y

12.96%

5Y*

8.34%

10Y*

9.11%

*Annualized

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Risk-Adjusted Performance

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

This table presents a comparison of risk-adjusted performance metrics for Dow Jones Islamic Market U.S. Index (^IMUS) 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 ^IMUS, currently valued at 1.15, compared to the broader market-0.500.000.501.001.502.001.150.94
The chart of Sortino ratio for ^IMUS, currently valued at 1.58, compared to the broader market-1.000.001.002.003.001.581.40
The chart of Omega ratio for ^IMUS, currently valued at 1.24, compared to the broader market0.901.001.101.201.301.401.241.19
The chart of Calmar ratio for ^IMUS, currently valued at 1.54, compared to the broader market0.001.002.003.001.541.67
The chart of Martin ratio for ^IMUS, currently valued at 5.77, compared to the broader market0.005.0010.0015.005.774.15
^IMUS
^DJI

The current ^IMUS Sharpe Ratio is 1.15, which is comparable to the ^DJI Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of ^IMUS 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 Ratio1.001.502.002.503.00AugustSeptemberOctoberNovemberDecember
1.15
0.94
^IMUS
^DJI

Drawdowns

^IMUS vs. ^DJI - Drawdown Comparison

The maximum ^IMUS drawdown since its inception was -47.72%, smaller than the maximum ^DJI drawdown of -53.78%. Use the drawdown chart below to compare losses from any high point for ^IMUS and ^DJI. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%AugustSeptemberOctoberNovemberDecember
-3.01%
-5.42%
^IMUS
^DJI

Volatility

^IMUS vs. ^DJI - Volatility Comparison

Dow Jones Islamic Market U.S. Index (^IMUS) has a higher volatility of 4.35% compared to Dow Jones Industrial Average (^DJI) at 3.36%. This indicates that ^IMUS'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.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%AugustSeptemberOctoberNovemberDecember
4.35%
3.36%
^IMUS
^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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