MDA.TO vs. IWY
Compare and contrast key facts about MDA Space Ltd. (MDA.TO) and iShares Russell Top 200 Growth ETF (IWY).
IWY is a passively managed fund by iShares that tracks the performance of the Russell Top 200 Growth Index. It was launched on Sep 22, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MDA.TO or IWY.
Correlation
The correlation between MDA.TO and IWY is 0.38, 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
MDA.TO vs. IWY - Performance Comparison
Key characteristics
MDA.TO:
1.80
IWY:
1.56
MDA.TO:
2.60
IWY:
2.08
MDA.TO:
1.34
IWY:
1.28
MDA.TO:
2.18
IWY:
2.06
MDA.TO:
7.31
IWY:
7.51
MDA.TO:
10.56%
IWY:
3.80%
MDA.TO:
42.98%
IWY:
18.32%
MDA.TO:
-68.33%
IWY:
-32.68%
MDA.TO:
-16.09%
IWY:
-1.21%
Returns By Period
In the year-to-date period, MDA.TO achieves a -16.09% return, which is significantly lower than IWY's 2.65% return.
MDA.TO
-16.09%
-10.12%
66.20%
79.83%
N/A
N/A
IWY
2.65%
1.12%
13.48%
30.10%
19.31%
17.65%
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Risk-Adjusted Performance
MDA.TO vs. IWY — Risk-Adjusted Performance Rank
MDA.TO
IWY
MDA.TO vs. IWY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MDA Space Ltd. (MDA.TO) and iShares Russell Top 200 Growth ETF (IWY). 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
MDA.TO vs. IWY - Dividend Comparison
MDA.TO has not paid dividends to shareholders, while IWY's dividend yield for the trailing twelve months is around 0.41%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDA.TO MDA Space Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWY iShares Russell Top 200 Growth ETF | 0.41% | 0.42% | 0.68% | 0.88% | 0.50% | 0.71% | 1.06% | 1.32% | 1.26% | 1.51% | 1.58% | 1.44% |
Drawdowns
MDA.TO vs. IWY - Drawdown Comparison
The maximum MDA.TO drawdown since its inception was -68.33%, which is greater than IWY's maximum drawdown of -32.68%. Use the drawdown chart below to compare losses from any high point for MDA.TO and IWY. For additional features, visit the drawdowns tool.
Volatility
MDA.TO vs. IWY - Volatility Comparison
MDA Space Ltd. (MDA.TO) has a higher volatility of 23.84% compared to iShares Russell Top 200 Growth ETF (IWY) at 5.15%. This indicates that MDA.TO's price experiences larger fluctuations and is considered to be riskier than IWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.