MESO vs. SPY
Compare and contrast key facts about Mesoblast Limited (MESO) 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: MESO or SPY.
Correlation
The correlation between MESO and SPY is 0.31, 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
MESO vs. SPY - Performance Comparison
Key characteristics
MESO:
1.15
SPY:
0.30
MESO:
2.19
SPY:
0.56
MESO:
1.24
SPY:
1.08
MESO:
1.13
SPY:
0.31
MESO:
4.76
SPY:
1.40
MESO:
20.92%
SPY:
4.18%
MESO:
86.61%
SPY:
19.64%
MESO:
-95.66%
SPY:
-55.19%
MESO:
-72.94%
SPY:
-13.86%
Returns By Period
In the year-to-date period, MESO achieves a -45.86% return, which is significantly lower than SPY's -9.91% return.
MESO
-45.86%
-20.83%
7.63%
109.78%
-4.87%
N/A
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
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Risk-Adjusted Performance
MESO vs. SPY — Risk-Adjusted Performance Rank
MESO
SPY
MESO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mesoblast Limited (MESO) 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
MESO vs. SPY - Dividend Comparison
MESO has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.36%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MESO Mesoblast Limited | 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 | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MESO vs. SPY - Drawdown Comparison
The maximum MESO drawdown since its inception was -95.66%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MESO and SPY. For additional features, visit the drawdowns tool.
Volatility
MESO vs. SPY - Volatility Comparison
Mesoblast Limited (MESO) has a higher volatility of 21.77% compared to SPDR S&P 500 ETF (SPY) at 14.52%. This indicates that MESO'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.