MCRI vs. SPY
Compare and contrast key facts about Monarch Casino & Resort, Inc. (MCRI) and SPDR S&P 500 ETF (SPY).
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: MCRI or SPY.
Correlation
The correlation between MCRI and SPY is 0.33, 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
MCRI vs. SPY - Performance Comparison
Key characteristics
MCRI:
1.39
SPY:
1.87
MCRI:
2.23
SPY:
2.52
MCRI:
1.29
SPY:
1.35
MCRI:
1.45
SPY:
2.81
MCRI:
5.54
SPY:
11.69
MCRI:
6.25%
SPY:
2.02%
MCRI:
24.97%
SPY:
12.65%
MCRI:
-88.31%
SPY:
-55.19%
MCRI:
-3.27%
SPY:
0.00%
Returns By Period
In the year-to-date period, MCRI achieves a 15.82% return, which is significantly higher than SPY's 4.58% return. Over the past 10 years, MCRI has outperformed SPY with an annualized return of 18.65%, while SPY has yielded a comparatively lower 13.23% annualized return.
MCRI
15.82%
8.72%
22.18%
37.03%
12.38%
18.65%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
MCRI vs. SPY — Risk-Adjusted Performance Rank
MCRI
SPY
MCRI vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Monarch Casino & Resort, Inc. (MCRI) 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.
Dividends
MCRI vs. SPY - Dividend Comparison
MCRI's dividend yield for the trailing twelve months is around 1.31%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCRI Monarch Casino & Resort, Inc. | 1.31% | 1.52% | 8.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MCRI vs. SPY - Drawdown Comparison
The maximum MCRI drawdown since its inception was -88.31%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MCRI and SPY. For additional features, visit the drawdowns tool.
Volatility
MCRI vs. SPY - Volatility Comparison
Monarch Casino & Resort, Inc. (MCRI) has a higher volatility of 8.64% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that MCRI'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.