MCW vs. GSY

Last updated Jun 4, 2026

MCW (Mister Car Wash, Inc.) is a stock, while GSY (Invesco Ultra Short Duration ETF) is Ultrashort Bond fund actively managed by Invesco. Over the past 3 years, MCW returned -6.48%/yr vs 5.45%/yr for GSY. At a 0.08 correlation, their price movements are largely independent.

Performance

MCW vs. GSY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mister Car Wash, Inc. (MCW) and Invesco Ultra Short Duration ETF (GSY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MCW achieves a 27.70% return, which is significantly higher than GSY's 1.59% return.

MCW

• 1D: 0.00%
• 1M: 1.00%
• YTD: 27.70%
• 6M: 34.47%
• 1Y: 7.74%
• 3Y*: -6.48%
• 5Y*: —
• 10Y*: —

GSY

• 1D: 0.00%
• 1M: 0.36%
• YTD: 1.59%
• 6M: 1.96%
• 1Y: 4.54%
• 3Y*: 5.45%
• 5Y*: 3.65%
• 10Y*: 2.86%

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

MCW vs. GSY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MCW Mister Car Wash, Inc.	27.70%	-23.73%	-15.62%	-6.39%	-49.31%	-10.30%
GSY Invesco Ultra Short Duration ETF	1.59%	4.96%	5.95%	5.99%	0.01%	-0.07%

Correlation

The correlation between MCW and GSY is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (All Time) Calculated using the full available price history since Jun 28, 2021	0.08

Return for Risk

MCW vs. GSY — Risk / Return Rank

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

MCW

MCW Risk / Return Rank: 33
MCW Sharpe Ratio Rank: 34
MCW Sortino Ratio Rank: 30
MCW Omega Ratio Rank: 29
MCW Calmar Ratio Rank: 35
MCW Martin Ratio Rank: 35

GSY

GSY Risk / Return Rank: 100
GSY Sharpe Ratio Rank: 99
GSY Sortino Ratio Rank: 100
GSY Omega Ratio Rank: 100
GSY Calmar Ratio Rank: 100
GSY Martin Ratio Rank: 100

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.

MCW vs. GSY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mister Car Wash, Inc. (MCW) and Invesco Ultra Short Duration ETF (GSY). 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.

	MCW	GSY	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	11.52	-11.70
Sortino ratio: Return per unit of downside risk	-0.03	29.56	-29.59
Omega ratio: Gain probability vs. loss probability	1.00	7.01	-6.01
Calmar ratio: Return relative to maximum drawdown	-0.17	76.07	-76.24
Martin ratio: Return relative to average drawdown	-0.30	397.70	-398.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MCW vs. GSY - Sharpe Ratio Comparison

The current MCW Sharpe Ratio is -0.18, which is lower than the GSY Sharpe Ratio of 11.52. The chart below compares the historical Sharpe Ratios of MCW and GSY, 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

	MCW	GSY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.18	11.52	-11.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	6.29	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	2.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.43	0.46	-0.89

Drawdowns

MCW vs. GSY - Drawdown Comparison

The maximum MCW drawdown since its inception was -80.11%, which is greater than GSY's maximum drawdown of -12.14%. Use the drawdown chart below to compare losses from any high point for MCW and GSY.

Drawdown Indicators

	MCW	GSY	Difference
Max Drawdown Largest peak-to-trough decline	-80.11%	-12.14%	-67.97%
Max Drawdown (1Y) Largest decline over 1 year	-31.38%	-0.06%	-31.32%
Max Drawdown (3Y) Largest decline over 3 years	-53.11%	-0.18%	-52.93%
Max Drawdown (5Y) Largest decline over 5 years	—	-1.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-5.25%	—
Current Drawdown Current decline from peak	-69.83%	0.00%	-69.83%
Average Drawdown Average peak-to-trough decline	-59.53%	-2.39%	-57.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.90%	0.01%	+21.89%

Volatility

MCW vs. GSY - Volatility Comparison

Mister Car Wash, Inc. (MCW) has a higher volatility of 1.39% compared to Invesco Ultra Short Duration ETF (GSY) at 0.14%. This indicates that MCW's price experiences larger fluctuations and is considered to be riskier than GSY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MCW	GSY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.39%	0.14%	+1.25%
Volatility (6M) Calculated over the trailing 6-month period	22.93%	0.29%	+22.64%
Volatility (1Y) Calculated over the trailing 1-year period	35.58%	0.40%	+35.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.58%	0.58%	+44.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.58%	1.22%	+43.36%

Dividends

MCW vs. GSY - Dividend Comparison

MCW has not paid dividends to shareholders, while GSY's dividend yield for the trailing twelve months is around 4.34%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSY Invesco Ultra Short Duration ETF	4.34%	4.56%	5.31%	4.95%	1.70%	0.58%	1.45%	2.71%	2.30%	1.80%	1.21%	1.17%
MCW Mister Car Wash, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MCW and GSY in my portfolio?

MCW and GSY have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MCW or GSY?

MCW has higher volatility (1.39%) compared to GSY (0.14%). In terms of maximum drawdown, MCW dropped -80.11% vs GSY's -12.14%.

Which has better risk-adjusted returns?

GSY currently has the higher Sharpe Ratio (11.52 vs -0.18), 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.