MDISX vs. SPY
Compare and contrast key facts about Franklin Mutual Global Discovery Fund (MDISX) and SPDR S&P 500 ETF (SPY).
MDISX is managed by Franklin Templeton. It was launched on Dec 30, 1992. 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: MDISX or SPY.
Correlation
The correlation between MDISX and SPY is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MDISX vs. SPY - Performance Comparison
Key characteristics
MDISX:
-0.35
SPY:
2.17
MDISX:
-0.34
SPY:
2.88
MDISX:
0.94
SPY:
1.40
MDISX:
-0.32
SPY:
3.26
MDISX:
-1.33
SPY:
14.09
MDISX:
3.54%
SPY:
1.95%
MDISX:
13.52%
SPY:
12.64%
MDISX:
-42.14%
SPY:
-55.19%
MDISX:
-13.35%
SPY:
-2.83%
Returns By Period
In the year-to-date period, MDISX achieves a 0.73% return, which is significantly higher than SPY's 0.44% return. Over the past 10 years, MDISX has underperformed SPY with an annualized return of 0.73%, while SPY has yielded a comparatively higher 13.15% annualized return.
MDISX
0.73%
-12.39%
-8.17%
-5.43%
0.26%
0.73%
SPY
0.44%
-2.83%
6.59%
25.62%
14.26%
13.15%
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MDISX vs. SPY - Expense Ratio Comparison
MDISX has a 0.95% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
MDISX vs. SPY — Risk-Adjusted Performance Rank
MDISX
SPY
MDISX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Mutual Global Discovery Fund (MDISX) 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
MDISX vs. SPY - Dividend Comparison
MDISX's dividend yield for the trailing twelve months is around 0.13%, less than SPY's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDISX Franklin Mutual Global Discovery Fund | 0.13% | 0.13% | 1.62% | 2.08% | 2.58% | 2.90% | 2.23% | 2.39% | 2.45% | 2.20% | 1.88% | 8.48% |
SPY SPDR S&P 500 ETF | 1.20% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MDISX vs. SPY - Drawdown Comparison
The maximum MDISX drawdown since its inception was -42.14%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MDISX and SPY. For additional features, visit the drawdowns tool.
Volatility
MDISX vs. SPY - Volatility Comparison
Franklin Mutual Global Discovery Fund (MDISX) has a higher volatility of 9.56% compared to SPDR S&P 500 ETF (SPY) at 4.49%. This indicates that MDISX'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.