MDXG vs. SPY
Compare and contrast key facts about MiMedx Group, Inc. (MDXG) and SPDR S&P 500 ETF (SPY).
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: MDXG or SPY.
Correlation
The correlation between MDXG and SPY is 0.24, 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
MDXG vs. SPY - Performance Comparison
Key characteristics
MDXG:
0.11
SPY:
0.34
MDXG:
0.66
SPY:
0.62
MDXG:
1.07
SPY:
1.09
MDXG:
0.08
SPY:
0.35
MDXG:
0.34
SPY:
1.64
MDXG:
16.61%
SPY:
4.00%
MDXG:
50.00%
SPY:
19.55%
MDXG:
-93.84%
SPY:
-55.19%
MDXG:
-62.14%
SPY:
-12.02%
Returns By Period
In the year-to-date period, MDXG achieves a -29.31% return, which is significantly lower than SPY's -7.99% return. Over the past 10 years, MDXG has underperformed SPY with an annualized return of -3.95%, while SPY has yielded a comparatively higher 11.91% annualized return.
MDXG
-29.31%
-14.14%
16.44%
7.09%
12.99%
-3.95%
SPY
-7.99%
-4.19%
-6.68%
7.93%
15.74%
11.91%
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Risk-Adjusted Performance
MDXG vs. SPY — Risk-Adjusted Performance Rank
MDXG
SPY
MDXG vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MiMedx Group, Inc. (MDXG) 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
MDXG vs. SPY - Dividend Comparison
MDXG has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.33%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
MDXG MiMedx Group, 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% |
SPY SPDR S&P 500 ETF | 1.33% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MDXG vs. SPY - Drawdown Comparison
The maximum MDXG drawdown since its inception was -93.84%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MDXG and SPY. For additional features, visit the drawdowns tool.
Volatility
MDXG vs. SPY - Volatility Comparison
The current volatility for MiMedx Group, Inc. (MDXG) is 11.28%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.47%. This indicates that MDXG experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.