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MATX vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MATX and SPY is 0.49, 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.


-0.50.00.51.00.5

Performance

MATX vs. SPY - Performance Comparison

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

2,000.00%2,500.00%3,000.00%3,500.00%JulyAugustSeptemberOctoberNovemberDecember
2,871.48%
2,301.81%
MATX
SPY

Key characteristics

Sharpe Ratio

MATX:

0.87

SPY:

2.21

Sortino Ratio

MATX:

1.54

SPY:

2.93

Omega Ratio

MATX:

1.17

SPY:

1.41

Calmar Ratio

MATX:

1.57

SPY:

3.26

Martin Ratio

MATX:

4.08

SPY:

14.43

Ulcer Index

MATX:

7.04%

SPY:

1.90%

Daily Std Dev

MATX:

32.87%

SPY:

12.41%

Max Drawdown

MATX:

-70.57%

SPY:

-55.19%

Current Drawdown

MATX:

-18.21%

SPY:

-2.74%

Returns By Period

The year-to-date returns for both stocks are quite close, with MATX having a 26.19% return and SPY slightly lower at 25.54%. Over the past 10 years, MATX has outperformed SPY with an annualized return of 16.99%, while SPY has yielded a comparatively lower 12.97% annualized return.


MATX

YTD

26.19%

1M

-9.80%

6M

9.02%

1Y

25.15%

5Y*

29.46%

10Y*

16.99%

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

MATX vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Matson, Inc. (MATX) 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 MATX, currently valued at 0.87, compared to the broader market-4.00-2.000.002.000.872.21
The chart of Sortino ratio for MATX, currently valued at 1.54, compared to the broader market-4.00-2.000.002.004.001.542.93
The chart of Omega ratio for MATX, currently valued at 1.17, compared to the broader market0.501.001.502.001.171.41
The chart of Calmar ratio for MATX, currently valued at 1.57, compared to the broader market0.002.004.006.001.573.26
The chart of Martin ratio for MATX, currently valued at 4.08, compared to the broader market-5.000.005.0010.0015.0020.0025.004.0814.43
MATX
SPY

The current MATX Sharpe Ratio is 0.87, which is lower than the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of MATX 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 Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.87
2.21
MATX
SPY

Dividends

MATX vs. SPY - Dividend Comparison

MATX's dividend yield for the trailing twelve months is around 0.96%, more than SPY's 0.86% yield.


TTM20232022202120202019201820172016201520142013
MATX
Matson, Inc.
0.96%1.15%1.95%1.18%1.58%2.11%2.56%2.61%2.09%1.64%1.91%2.37%
SPY
SPDR S&P 500 ETF
0.86%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

MATX vs. SPY - Drawdown Comparison

The maximum MATX drawdown since its inception was -70.57%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MATX and SPY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-18.21%
-2.74%
MATX
SPY

Volatility

MATX vs. SPY - Volatility Comparison

Matson, Inc. (MATX) has a higher volatility of 7.74% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that MATX'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
7.74%
3.72%
MATX
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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