MBGYY vs. JNK
MBGYY (Mercedes-Benz Group AG) is a stock, while JNK (State Street SPDR Bloomberg High Yield Bond ETF) is High Yield Bonds fund tracking the Bloomberg High Yield Very Liquid Index. Over the past 3 years, MBGYY returned -7.08%/yr vs 8.85%/yr for JNK. At a 0.44 correlation, their price movements are largely independent.
Performance
MBGYY vs. JNK - Performance Comparison
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Returns By Period
In the year-to-date period, MBGYY achieves a -23.64% return, which is significantly lower than JNK's 1.81% return.
MBGYY
- 1D
- 0.24%
- 1M
- -14.76%
- YTD
- -23.64%
- 6M
- -22.90%
- 1Y
- -5.32%
- 3Y*
- -7.08%
- 5Y*
- —
- 10Y*
- —
JNK
- 1D
- 0.09%
- 1M
- 0.25%
- YTD
- 1.81%
- 6M
- 1.81%
- 1Y
- 6.30%
- 3Y*
- 8.85%
- 5Y*
- 3.58%
- 10Y*
- 5.23%
MBGYY vs. JNK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MBGYY Mercedes-Benz Group AG | -23.64% | 38.11% | -13.59% | 13.78% | 16.29% |
JNK State Street SPDR Bloomberg High Yield Bond ETF | 1.81% | 8.76% | 7.71% | 12.42% | 0.81% |
Correlation
The correlation between MBGYY and JNK is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2022 | 0.44 |
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Return for Risk
MBGYY vs. JNK — Risk / Return Rank
MBGYY
JNK
MBGYY vs. JNK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mercedes-Benz Group AG (MBGYY) and State Street SPDR Bloomberg High Yield Bond ETF (JNK). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MBGYY | JNK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.82 | ||
| Sortino ratioReturn per unit of downside risk | -2.56 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.31 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.21 | 2.53 | -2.73 |
| Martin ratioReturn relative to average drawdown | -0.56 | 11.07 | -11.63 |
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Drawdowns
MBGYY vs. JNK - Drawdown Comparison
The maximum MBGYY drawdown since its inception was -33.47%, smaller than the maximum JNK drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for MBGYY and JNK.
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Drawdown Indicators
| MBGYY | JNK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.47% | -38.48% | +5.01% |
Max Drawdown (1Y)Largest decline over 1 year | -25.89% | -2.51% | -23.38% |
Max Drawdown (3Y)Largest decline over 3 years | -33.47% | -5.02% | -28.45% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.67% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.89% | — |
Current DrawdownCurrent decline from peak | -25.71% | -0.18% | -25.53% |
Average DrawdownAverage peak-to-trough decline | -11.92% | -3.69% | -8.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.59% | 0.57% | +9.02% |
Volatility
MBGYY vs. JNK - Volatility Comparison
Mercedes-Benz Group AG (MBGYY) has a higher volatility of 10.61% compared to State Street SPDR Bloomberg High Yield Bond ETF (JNK) at 1.03%. This indicates that MBGYY's price experiences larger fluctuations and is considered to be riskier than JNK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MBGYY | JNK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.61% | 1.03% | +9.58% |
Volatility (6M)Calculated over the trailing 6-month period | 20.47% | 3.05% | +17.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.67% | 3.87% | +24.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.86% | 7.56% | +20.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.86% | 8.29% | +19.57% |
Dividends
MBGYY vs. JNK - Dividend Comparison
MBGYY's dividend yield for the trailing twelve months is around 8.05%, more than JNK's 6.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNK State Street SPDR Bloomberg High Yield Bond ETF | 6.60% | 6.54% | 6.63% | 6.38% | 6.06% | 4.27% | 5.11% | 5.44% | 5.90% | 5.60% | 6.06% | 6.59% |
MBGYY Mercedes-Benz Group AG | 8.05% | 6.95% | 10.45% | 8.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MBGYY and JNK have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MBGYY has higher volatility (10.61%) compared to JNK (1.03%). In terms of maximum drawdown, MBGYY dropped -33.47% vs JNK's -38.48%.
JNK currently has the higher Sharpe Ratio (1.64 vs -0.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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