MDOEX vs. SPY
Compare and contrast key facts about Morgan Stanley Developing Opportunity Portfolio (MDOEX) and SPDR S&P 500 ETF (SPY).
MDOEX is managed by Morgan Stanley. It was launched on Feb 13, 2020. 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: MDOEX or SPY.
Correlation
The correlation between MDOEX and SPY is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MDOEX vs. SPY - Performance Comparison
Key characteristics
MDOEX:
0.83
SPY:
1.88
MDOEX:
1.28
SPY:
2.51
MDOEX:
1.15
SPY:
1.35
MDOEX:
0.27
SPY:
2.83
MDOEX:
3.15
SPY:
11.89
MDOEX:
4.62%
SPY:
2.00%
MDOEX:
17.45%
SPY:
12.69%
MDOEX:
-59.92%
SPY:
-55.19%
MDOEX:
-43.55%
SPY:
-3.89%
Returns By Period
In the year-to-date period, MDOEX achieves a -3.39% return, which is significantly lower than SPY's -0.66% return.
MDOEX
-3.39%
-8.71%
2.51%
13.75%
N/A
N/A
SPY
-0.66%
-3.32%
3.73%
23.70%
13.73%
13.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MDOEX vs. SPY - Expense Ratio Comparison
MDOEX has a 1.15% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
MDOEX vs. SPY — Risk-Adjusted Performance Rank
MDOEX
SPY
MDOEX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Developing Opportunity Portfolio (MDOEX) 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
MDOEX vs. SPY - Dividend Comparison
MDOEX's dividend yield for the trailing twelve months is around 0.78%, less than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDOEX Morgan Stanley Developing Opportunity Portfolio | 0.78% | 0.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MDOEX vs. SPY - Drawdown Comparison
The maximum MDOEX drawdown since its inception was -59.92%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MDOEX and SPY. For additional features, visit the drawdowns tool.
Volatility
MDOEX vs. SPY - Volatility Comparison
Morgan Stanley Developing Opportunity Portfolio (MDOEX) and SPDR S&P 500 ETF (SPY) have volatilities of 4.48% and 4.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.