MC vs. XSD

Last updated Jun 4, 2026

MC (Moelis & Company) is a stock, while XSD (SPDR S&P Semiconductor ETF) is Semiconductors fund tracking the S&P Semiconductor Select Industry. Over the past 10 years, MC returned 17.89%/yr vs 31.10%/yr for XSD. At a 0.48 correlation, their price movements are largely independent.

Performance

MC vs. XSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Moelis & Company (MC) and SPDR S&P Semiconductor ETF (XSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MC achieves a -0.39% return, which is significantly lower than XSD's 102.14% return. Over the past 10 years, MC has underperformed XSD with an annualized return of 17.89%, while XSD has yielded a comparatively higher 31.10% annualized return.

MC

• 1D: -3.08%
• 1M: 8.79%
• YTD: -0.39%
• 6M: 4.95%
• 1Y: 21.63%
• 3Y*: 24.25%
• 5Y*: 10.48%
• 10Y*: 17.89%

XSD

• 1D: 1.51%
• 1M: 30.91%
• YTD: 102.14%
• 6M: 92.84%
• 1Y: 180.25%
• 3Y*: 46.41%
• 5Y*: 29.69%
• 10Y*: 31.10%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MC vs. XSD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MC Moelis & Company	-0.39%	-3.13%	37.14%	54.90%	-35.18%	49.03%	62.83%	0.80%	-22.52%	52.49%
XSD SPDR S&P Semiconductor ETF	102.14%	29.85%	10.75%	34.87%	-30.92%	42.54%	61.95%	64.66%	-6.35%	25.21%

Correlation

The correlation between MC and XSD is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (10Y) Calculated over the trailing 10-year period	0.48
Correlation (All Time) Calculated using the full available price history since Apr 17, 2014	0.48

The correlation between MC and XSD shifts across timeframes, from 0.39 (1 year) to 0.51 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

MC vs. XSD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MC

MC Risk / Return Rank: 57
MC Sharpe Ratio Rank: 62
MC Sortino Ratio Rank: 55
MC Omega Ratio Rank: 54
MC Calmar Ratio Rank: 55
MC Martin Ratio Rank: 57

XSD

XSD Risk / Return Rank: 95
XSD Sharpe Ratio Rank: 97
XSD Sortino Ratio Rank: 94
XSD Omega Ratio Rank: 93
XSD Calmar Ratio Rank: 96
XSD Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MC vs. XSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Moelis & Company (MC) and SPDR S&P Semiconductor ETF (XSD). 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.

	MC	XSD	Difference
Sharpe ratio: Return per unit of total volatility	0.64	5.00	-4.37
Sortino ratio: Return per unit of downside risk	1.05	5.03	-3.98
Omega ratio: Gain probability vs. loss probability	1.13	1.65	-0.51
Calmar ratio: Return relative to maximum drawdown	0.65	9.75	-9.10
Martin ratio: Return relative to average drawdown	1.57	33.91	-32.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MC vs. XSD - Sharpe Ratio Comparison

The current MC Sharpe Ratio is 0.64, which is lower than the XSD Sharpe Ratio of 5.00. The chart below compares the historical Sharpe Ratios of MC and XSD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MC	XSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.64	5.00	-4.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.78	-0.49
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.89	-0.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.44	+0.02

Drawdowns

MC vs. XSD - Drawdown Comparison

The maximum MC drawdown since its inception was -58.26%, smaller than the maximum XSD drawdown of -64.56%. Use the drawdown chart below to compare losses from any high point for MC and XSD.

Drawdown Indicators

	MC	XSD	Difference
Max Drawdown Largest peak-to-trough decline	-58.26%	-64.56%	+6.30%
Max Drawdown (1Y) Largest decline over 1 year	-33.26%	-18.61%	-14.65%
Max Drawdown (3Y) Largest decline over 3 years	-39.31%	-41.25%	+1.94%
Max Drawdown (5Y) Largest decline over 5 years	-53.06%	-42.27%	-10.79%
Max Drawdown (10Y) Largest decline over 10 years	-58.26%	-42.27%	-15.99%
Current Drawdown Current decline from peak	-12.21%	0.00%	-12.21%
Average Drawdown Average peak-to-trough decline	-20.32%	-13.74%	-6.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.79%	5.34%	+8.45%

Volatility

MC vs. XSD - Volatility Comparison

The current volatility for Moelis & Company (MC) is 7.26%, while SPDR S&P Semiconductor ETF (XSD) has a volatility of 14.94%. This indicates that MC experiences smaller price fluctuations and is considered to be less risky than XSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MC	XSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.26%	14.94%	-7.68%
Volatility (6M) Calculated over the trailing 6-month period	25.88%	27.89%	-2.01%
Volatility (1Y) Calculated over the trailing 1-year period	34.17%	36.39%	-2.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.64%	38.25%	-1.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.92%	34.96%	+0.96%

Dividends

MC vs. XSD - Dividend Comparison

MC's dividend yield for the trailing twelve months is around 3.87%, more than XSD's 0.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MC Moelis & Company	3.87%	3.78%	3.25%	4.28%	6.25%	10.88%	8.88%	10.18%	14.19%	5.11%	9.71%	3.43%
XSD SPDR S&P Semiconductor ETF	0.12%	0.26%	0.20%	0.31%	0.44%	0.10%	0.26%	0.51%	1.16%	0.59%	0.64%	0.58%

Frequently Asked Questions

Can I hold both MC and XSD in my portfolio?

MC and XSD have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MC or XSD?

XSD has higher volatility (14.94%) compared to MC (7.26%). In terms of maximum drawdown, MC dropped -58.26% vs XSD's -64.56%.

Which has better risk-adjusted returns?

XSD currently has the higher Sharpe Ratio (5.00 vs 0.64), 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.