MATFX vs. SPY
Compare and contrast key facts about Matthews Asia Innovators Fund (MATFX) and SPDR S&P 500 ETF (SPY).
MATFX is managed by Matthews Asia Funds. It was launched on Dec 26, 1999. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MATFX or SPY.
Performance
MATFX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, MATFX achieves a 18.54% return, which is significantly lower than SPY's 24.91% return. Over the past 10 years, MATFX has underperformed SPY with an annualized return of -0.55%, while SPY has yielded a comparatively higher 13.04% annualized return.
MATFX
18.54%
-2.37%
3.62%
22.06%
-0.96%
-0.55%
SPY
24.91%
0.61%
11.66%
32.24%
15.43%
13.04%
Key characteristics
| MATFX | SPY | |
|---|---|---|
| Sharpe Ratio | 1.26 | 2.67 |
| Sortino Ratio | 1.84 | 3.56 |
| Omega Ratio | 1.22 | 1.50 |
| Calmar Ratio | 0.33 | 3.85 |
| Martin Ratio | 5.88 | 17.38 |
| Ulcer Index | 3.79% | 1.86% |
| Daily Std Dev | 17.73% | 12.17% |
| Max Drawdown | -77.90% | -55.19% |
| Current Drawdown | -59.63% | -1.77% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MATFX vs. SPY - Expense Ratio Comparison
MATFX has a 1.18% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between MATFX and SPY is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
MATFX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews Asia Innovators Fund (MATFX) 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.
Dividends
MATFX vs. SPY - Dividend Comparison
MATFX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MATFX Matthews Asia Innovators Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.36% | 1.68% | 0.00% | 0.00% | 0.44% | 0.06% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
MATFX vs. SPY - Drawdown Comparison
The maximum MATFX drawdown since its inception was -77.90%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MATFX and SPY. For additional features, visit the drawdowns tool.
Volatility
MATFX vs. SPY - Volatility Comparison
Matthews Asia Innovators Fund (MATFX) has a higher volatility of 5.15% compared to SPDR S&P 500 ETF (SPY) at 4.08%. This indicates that MATFX'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.