^XBD vs. ^DJI
Compare and contrast key facts about NYSE Arca Securities Broker/Dealer Index (^XBD) and Dow Jones Industrial Average (^DJI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^XBD or ^DJI.
Correlation
The correlation between ^XBD and ^DJI 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
^XBD vs. ^DJI - Performance Comparison
Key characteristics
^XBD:
1.53
^DJI:
0.35
^XBD:
2.10
^DJI:
0.66
^XBD:
1.31
^DJI:
1.09
^XBD:
1.69
^DJI:
0.39
^XBD:
6.53
^DJI:
1.36
^XBD:
6.14%
^DJI:
4.69%
^XBD:
26.57%
^DJI:
17.00%
^XBD:
-80.20%
^DJI:
-53.78%
^XBD:
-5.57%
^DJI:
-8.10%
Returns By Period
In the year-to-date period, ^XBD achieves a 8.05% return, which is significantly higher than ^DJI's -2.76% return. Over the past 10 years, ^XBD has outperformed ^DJI with an annualized return of 16.25%, while ^DJI has yielded a comparatively lower 8.64% annualized return.
^XBD
8.05%
23.74%
6.88%
40.25%
28.93%
16.25%
^DJI
-2.76%
9.89%
-5.40%
5.92%
11.23%
8.64%
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Risk-Adjusted Performance
^XBD vs. ^DJI — Risk-Adjusted Performance Rank
^XBD
^DJI
^XBD vs. ^DJI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NYSE Arca Securities Broker/Dealer Index (^XBD) 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.
Drawdowns
^XBD vs. ^DJI - Drawdown Comparison
The maximum ^XBD drawdown since its inception was -80.20%, which is greater than ^DJI's maximum drawdown of -53.78%. Use the drawdown chart below to compare losses from any high point for ^XBD and ^DJI. For additional features, visit the drawdowns tool.
Volatility
^XBD vs. ^DJI - Volatility Comparison
NYSE Arca Securities Broker/Dealer Index (^XBD) has a higher volatility of 12.49% compared to Dow Jones Industrial Average (^DJI) at 9.61%. This indicates that ^XBD'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.