MBGYY vs. SPY
MBGYY (Mercedes-Benz Group AG) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 3 years, MBGYY returned -8.34%/yr vs 20.07%/yr for SPY. At a 0.47 correlation, their price movements are largely independent.
Performance
MBGYY vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, MBGYY achieves a -24.19% return, which is significantly lower than SPY's 10.45% return.
MBGYY
- 1D
- -0.32%
- 1M
- -9.75%
- 6M
- -23.32%
- YTD
- -24.19%
- 1Y
- -13.67%
- 3Y*
- -8.34%
- 5Y*
- —
- 10Y*
- —
SPY
- 1D
- -0.77%
- 1M
- 1.26%
- 6M
- 8.34%
- YTD
- 10.45%
- 1Y
- 21.46%
- 3Y*
- 20.07%
- 5Y*
- 12.94%
- 10Y*
- 15.08%
MBGYY vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MBGYY Mercedes-Benz Group AG | -24.19% | 38.11% | -13.59% | 13.78% | 16.29% |
SPY State Street SPDR S&P 500 ETF | 10.45% | 17.72% | 24.89% | 26.18% | -0.36% |
Correlation
The correlation between MBGYY and SPY is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2022 | 0.47 |
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Return for Risk
MBGYY vs. SPY — Risk / Return Rank
MBGYY
SPY
MBGYY vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mercedes-Benz Group AG (MBGYY) and State Street 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.
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 | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.20 | ||
| Sortino ratioReturn per unit of downside risk | -2.90 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.31 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | 2.43 | -2.92 |
| Martin ratioReturn relative to average drawdown | -1.25 | 10.57 | -11.82 |
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Drawdowns
MBGYY vs. SPY - Drawdown Comparison
The maximum MBGYY drawdown since its inception was -33.47%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MBGYY and SPY.
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Drawdown Indicators
| MBGYY | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.47% | -55.19% | +21.72% |
Max Drawdown (1Y)Largest decline over 1 year | -27.72% | -8.88% | -18.84% |
Max Drawdown (3Y)Largest decline over 3 years | -33.47% | -18.76% | -14.71% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.50% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.72% | — |
Current DrawdownCurrent decline from peak | -26.25% | -1.12% | -25.13% |
Average DrawdownAverage peak-to-trough decline | -12.08% | -9.02% | -3.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.99% | 2.03% | +8.96% |
Volatility
MBGYY vs. SPY - Volatility Comparison
Mercedes-Benz Group AG (MBGYY) has a higher volatility of 10.57% compared to State Street SPDR S&P 500 ETF (SPY) at 4.26%. This indicates that MBGYY'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.
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Volatility by Period
| MBGYY | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.57% | 4.26% | +6.31% |
Volatility (6M)Calculated over the trailing 6-month period | 20.82% | 10.01% | +10.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.51% | 12.60% | +15.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.86% | 17.17% | +10.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.86% | 17.93% | +9.93% |
Dividends
MBGYY vs. SPY - Dividend Comparison
MBGYY's dividend yield for the trailing twelve months is around 8.11%, more than SPY's 1.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MBGYY Mercedes-Benz Group AG | 8.11% | 6.95% | 10.45% | 8.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY State Street SPDR S&P 500 ETF | 1.00% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Frequently Asked Questions
MBGYY and SPY have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MBGYY has higher volatility (10.57%) compared to SPY (4.26%). In terms of maximum drawdown, MBGYY dropped -33.47% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (1.71 vs -0.48), 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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