Correlation
The correlation between ^NYA and ^DJI 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.
^NYA vs. ^DJI
Compare and contrast key facts about NYSE Composite (^NYA) and Dow Jones Industrial Average (^DJI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^NYA or ^DJI.
Performance
^NYA vs. ^DJI - Performance Comparison
Loading data...
Key characteristics
^NYA:
0.60
^DJI:
0.54
^NYA:
1.08
^DJI:
1.03
^NYA:
1.16
^DJI:
1.14
^NYA:
0.75
^DJI:
0.67
^NYA:
3.10
^DJI:
2.26
^NYA:
3.69%
^DJI:
4.86%
^NYA:
16.20%
^DJI:
17.27%
^NYA:
-59.01%
^DJI:
-53.78%
^NYA:
-2.16%
^DJI:
-6.02%
Returns By Period
In the year-to-date period, ^NYA achieves a 3.86% return, which is significantly higher than ^DJI's -0.56% return. Over the past 10 years, ^NYA has underperformed ^DJI with an annualized return of 6.09%, while ^DJI has yielded a comparatively higher 9.01% annualized return.
^NYA
3.86%
2.31%
-1.87%
9.68%
7.88%
10.02%
6.09%
^DJI
-0.56%
2.39%
-5.53%
9.36%
8.74%
10.00%
9.01%
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
^NYA vs. ^DJI — Risk-Adjusted Performance Rank
^NYA
^DJI
^NYA vs. ^DJI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NYSE Composite (^NYA) 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.
Loading data...
Drawdowns
^NYA vs. ^DJI - Drawdown Comparison
The maximum ^NYA drawdown since its inception was -59.01%, which is greater than ^DJI's maximum drawdown of -53.78%. Use the drawdown chart below to compare losses from any high point for ^NYA and ^DJI.
Loading data...
Volatility
^NYA vs. ^DJI - Volatility Comparison
The current volatility for NYSE Composite (^NYA) is 3.92%, while Dow Jones Industrial Average (^DJI) has a volatility of 4.60%. This indicates that ^NYA experiences smaller price fluctuations and is considered to be less risky than ^DJI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...