MDLZ vs. SPY
MDLZ (Mondelez International, Inc.) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, MDLZ returned 6.26%/yr vs 15.07%/yr for SPY. Their 0.43 correlation means their historical movements had little consistent relationship.
Performance
MDLZ vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, MDLZ achieves a 17.73% return, which is significantly higher than SPY's 10.13% return. Over the past 10 years, MDLZ has underperformed SPY with an annualized return of 6.26%, while SPY has yielded a comparatively higher 15.07% annualized return.
MDLZ
- 1D
- -1.22%
- 1M
- 2.30%
- 6M
- 8.39%
- YTD
- 17.73%
- 1Y
- 0.85%
- 3Y*
- -2.95%
- 5Y*
- 2.38%
- 10Y*
- 6.26%
- ALL TIME*
- 7.17%
SPY
- 1D
- 0.72%
- 1M
- 0.30%
- 6M
- 8.53%
- YTD
- 10.13%
- 1Y
- 21.49%
- 3Y*
- 19.32%
- 5Y*
- 12.76%
- 10Y*
- 15.07%
- ALL TIME*
- 10.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $659.78M | $585.31M | $549.68M | |
| $37.27B | $35.99B | $39.23B |
MDLZ vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDLZ Mondelez International, Inc. | 17.73% | -7.03% | -15.30% | 11.17% | 2.92% | 15.87% | 8.58% | 40.42% | -4.27% | -1.58% |
SPY State Street SPDR S&P 500 ETF | 10.13% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Correlation
The correlation between MDLZ and SPY is -0.12, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.06 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.23 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2001 | 0.43 |
The correlation between MDLZ and SPY shifts across timeframes, from -0.12 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MDLZ vs. SPY — Risk / Return Rank
MDLZ
SPY
MDLZ vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mondelez International, Inc. (MDLZ) and State Street 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MDLZ | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.53 | ||
| Sortino ratioReturn per unit of downside risk | -1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.27 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 2.20 | -2.22 |
| Martin ratioReturn relative to average drawdown | -0.04 | 9.40 | -9.44 |
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Drawdowns
MDLZ vs. SPY - Drawdown Comparison
The maximum MDLZ drawdown since its inception was -42.52%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MDLZ and SPY.
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Drawdown Indicators
| MDLZ | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.52% | -55.19% | +12.67% |
Max Drawdown (1Y)Largest decline over 1 year | -18.62% | -8.88% | -9.74% |
Max Drawdown (3Y)Largest decline over 3 years | -29.00% | -18.76% | -10.24% |
Max Drawdown (5Y)Largest decline over 5 years | -29.14% | -24.50% | -4.64% |
Max Drawdown (10Y)Largest decline over 10 years | -29.74% | -33.72% | +3.98% |
Current DrawdownCurrent decline from peak | -12.81% | -1.40% | -11.41% |
Average DrawdownAverage peak-to-trough decline | -11.06% | -9.01% | -2.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.23% | 2.08% | +6.15% |
Volatility
MDLZ vs. SPY - Volatility Comparison
Mondelez International, Inc. (MDLZ) has a higher volatility of 9.83% compared to State Street SPDR S&P 500 ETF (SPY) at 3.58%. This indicates that MDLZ'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.
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Volatility by Period
| MDLZ | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.83% | 3.58% | +6.25% |
Volatility (6M)Calculated over the trailing 6-month period | 18.40% | 10.14% | +8.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.07% | 12.89% | +10.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.09% | 17.18% | +2.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.10% | 17.95% | +3.15% |
Dividends
MDLZ vs. SPY - Dividend Comparison
MDLZ's dividend yield for the trailing twelve months is around 3.21%, more than SPY's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDLZ Mondelez International, Inc. | 3.21% | 3.60% | 3.00% | 2.24% | 2.21% | 2.01% | 2.05% | 1.98% | 2.40% | 1.92% | 1.62% | 1.43% |
SPY State Street SPDR S&P 500 ETF | 1.01% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Frequently Asked Questions
MDLZ and SPY have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDLZ has higher volatility (9.83%) compared to SPY (3.58%). In terms of maximum drawdown, MDLZ dropped -42.52% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (1.52 vs -0.01), 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.
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