SPY vs. MCI
Compare and contrast key facts about SPDR S&P 500 ETF (SPY) and Barings Corporate Investors (MCI).
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: SPY or MCI.
Correlation
The correlation between SPY and MCI is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SPY vs. MCI - Performance Comparison
Key characteristics
SPY:
1.91
MCI:
1.99
SPY:
2.57
MCI:
2.61
SPY:
1.35
MCI:
1.38
SPY:
2.88
MCI:
4.24
SPY:
11.96
MCI:
10.84
SPY:
2.03%
MCI:
3.86%
SPY:
12.68%
MCI:
21.08%
SPY:
-55.19%
MCI:
-57.08%
SPY:
0.00%
MCI:
0.00%
Returns By Period
In the year-to-date period, SPY achieves a 4.34% return, which is significantly lower than MCI's 14.97% return. Over the past 10 years, SPY has outperformed MCI with an annualized return of 13.21%, while MCI has yielded a comparatively lower 12.31% annualized return.
SPY
4.34%
2.33%
10.15%
23.99%
14.44%
13.21%
MCI
14.97%
8.88%
35.67%
41.60%
15.58%
12.31%
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Risk-Adjusted Performance
SPY vs. MCI — Risk-Adjusted Performance Rank
SPY
MCI
SPY vs. MCI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 500 ETF (SPY) and Barings Corporate Investors (MCI). 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
SPY vs. MCI - Dividend Comparison
SPY's dividend yield for the trailing twelve months is around 1.16%, less than MCI's 7.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
MCI Barings Corporate Investors | 7.21% | 8.29% | 7.70% | 7.31% | 6.01% | 7.28% | 7.12% | 8.16% | 7.86% | 7.75% | 6.96% | 7.55% |
Drawdowns
SPY vs. MCI - Drawdown Comparison
The maximum SPY drawdown since its inception was -55.19%, roughly equal to the maximum MCI drawdown of -57.08%. Use the drawdown chart below to compare losses from any high point for SPY and MCI. For additional features, visit the drawdowns tool.
Volatility
SPY vs. MCI - Volatility Comparison
The current volatility for SPDR S&P 500 ETF (SPY) is 3.13%, while Barings Corporate Investors (MCI) has a volatility of 8.32%. This indicates that SPY experiences smaller price fluctuations and is considered to be less risky than MCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.