^W1DOW vs. DIA
Compare and contrast key facts about Dow Jones Global Index (^W1DOW) 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: ^W1DOW or DIA.
Key characteristics
| ^W1DOW | DIA | |
|---|---|---|
| YTD Return | 16.63% | 15.46% |
| 1Y Return | 32.22% | 31.95% |
| 3Y Return (Ann) | 4.03% | 8.44% |
| 5Y Return (Ann) | 8.74% | 12.03% |
| 10Y Return (Ann) | 6.35% | 12.21% |
| Sharpe Ratio | 2.95 | 2.89 |
| Sortino Ratio | 3.91 | 3.94 |
| Omega Ratio | 1.57 | 1.53 |
| Calmar Ratio | 2.16 | 3.53 |
| Martin Ratio | 17.32 | 16.71 |
| Ulcer Index | 1.71% | 1.85% |
| Daily Std Dev | 10.23% | 10.66% |
| Max Drawdown | -59.33% | -51.87% |
| Current Drawdown | -0.42% | -0.76% |
Correlation
The correlation between ^W1DOW and DIA is 0.77, 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
^W1DOW vs. DIA - Performance Comparison
In the year-to-date period, ^W1DOW achieves a 16.63% return, which is significantly higher than DIA's 15.46% return. Over the past 10 years, ^W1DOW has underperformed DIA with an annualized return of 6.35%, while DIA has yielded a comparatively higher 12.21% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^W1DOW vs. DIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Global Index (^W1DOW) 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
^W1DOW vs. DIA - Drawdown Comparison
The maximum ^W1DOW drawdown since its inception was -59.33%, which is greater than DIA's maximum drawdown of -51.87%. Use the drawdown chart below to compare losses from any high point for ^W1DOW and DIA. For additional features, visit the drawdowns tool.
Volatility
^W1DOW vs. DIA - Volatility Comparison
The current volatility for Dow Jones Global Index (^W1DOW) is 2.00%, while SPDR Dow Jones Industrial Average ETF (DIA) has a volatility of 2.68%. This indicates that ^W1DOW 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.