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IMOEX vs. SPY
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between IMOEX and SPY is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

IMOEX vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MOEX Russia Index (IMOEX) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%400.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
-43.94%
484.77%
IMOEX
SPY

Key characteristics

Sharpe Ratio

IMOEX:

-0.76

SPY:

2.21

Sortino Ratio

IMOEX:

-1.02

SPY:

2.93

Omega Ratio

IMOEX:

0.87

SPY:

1.41

Calmar Ratio

IMOEX:

-0.36

SPY:

3.26

Martin Ratio

IMOEX:

-0.99

SPY:

14.43

Ulcer Index

IMOEX:

15.97%

SPY:

1.90%

Daily Std Dev

IMOEX:

20.59%

SPY:

12.41%

Max Drawdown

IMOEX:

-83.89%

SPY:

-55.19%

Current Drawdown

IMOEX:

-38.46%

SPY:

-2.74%

Returns By Period

In the year-to-date period, IMOEX achieves a -14.87% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, IMOEX has underperformed SPY with an annualized return of 6.57%, while SPY has yielded a comparatively higher 12.97% annualized return.


IMOEX

YTD

-14.87%

1M

1.60%

6M

-15.28%

1Y

-14.16%

5Y*

-2.65%

10Y*

6.57%

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

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Risk-Adjusted Performance

IMOEX vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MOEX Russia Index (IMOEX) 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.


Sharpe ratio
The chart of Sharpe ratio for IMOEX, currently valued at -1.04, compared to the broader market0.001.002.00-1.042.06
The chart of Sortino ratio for IMOEX, currently valued at -1.53, compared to the broader market-1.000.001.002.003.00-1.532.75
The chart of Omega ratio for IMOEX, currently valued at 0.82, compared to the broader market0.901.001.101.201.301.400.821.40
The chart of Calmar ratio for IMOEX, currently valued at -0.46, compared to the broader market0.001.002.003.00-0.463.00
The chart of Martin ratio for IMOEX, currently valued at -1.62, compared to the broader market0.005.0010.0015.0020.00-1.6212.65
IMOEX
SPY

The current IMOEX Sharpe Ratio is -0.76, which is lower than the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of IMOEX and SPY, 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 Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-1.04
2.06
IMOEX
SPY

Drawdowns

IMOEX vs. SPY - Drawdown Comparison

The maximum IMOEX drawdown since its inception was -83.89%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IMOEX and SPY. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-58.04%
-2.74%
IMOEX
SPY

Volatility

IMOEX vs. SPY - Volatility Comparison

MOEX Russia Index (IMOEX) has a higher volatility of 17.57% compared to SPDR S&P 500 ETF (SPY) at 3.68%. This indicates that IMOEX'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.


0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
17.57%
3.68%
IMOEX
SPY
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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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