MEYYY vs. SPY

Last updated Jun 4, 2026

MEYYY (Medco Energi Internasional Tbk PT ADR) 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 5 years, MEYYY returned 21.22%/yr vs 13.83%/yr for SPY. At a correlation of -0.00, they often move in opposite directions.

Performance

MEYYY vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Medco Energi Internasional Tbk PT ADR (MEYYY) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MEYYY

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 7.36%
• 3Y*: 21.12%
• 5Y*: 21.22%
• 10Y*: —

SPY

• 1D: -0.70%
• 1M: 5.05%
• YTD: 10.91%
• 6M: 10.91%
• 1Y: 27.98%
• 3Y*: 22.35%
• 5Y*: 13.83%
• 10Y*: 15.49%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MEYYY vs. SPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MEYYY Medco Energi Internasional Tbk PT ADR	0.00%	-8.69%	-16.56%	133.22%	23.55%	19.24%	-32.98%
SPY State Street SPDR S&P 500 ETF	10.91%	17.72%	24.89%	26.18%	-18.18%	28.73%	50.66%

Correlation

The correlation between MEYYY and SPY is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	-0.03
Correlation (5Y) Calculated over the trailing 5-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Mar 18, 2020	-0.00

Return for Risk

MEYYY vs. SPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPY

SPY Risk / Return Rank: 70
SPY Sharpe Ratio Rank: 71
SPY Sortino Ratio Rank: 69
SPY Omega Ratio Rank: 70
SPY Calmar Ratio Rank: 62
SPY Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MEYYY vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Medco Energi Internasional Tbk PT ADR (MEYYY) 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.

	MEYYY	SPY	Difference
Sharpe ratio: Return per unit of total volatility	1.54	2.38	-0.83
Sortino ratio: Return per unit of downside risk	—	3.24	—
Omega ratio: Gain probability vs. loss probability	—	1.43	—
Calmar ratio: Return relative to maximum drawdown	—	3.16	—
Martin ratio: Return relative to average drawdown	—	14.72	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MEYYY vs. SPY - Sharpe Ratio Comparison

The current MEYYY Sharpe Ratio is 1.54, which is lower than the SPY Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of MEYYY and SPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MEYYY	SPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.54	2.38	-0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.82	-0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.59	-0.38

Drawdowns

MEYYY vs. SPY - Drawdown Comparison

The maximum MEYYY drawdown since its inception was -56.24%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MEYYY and SPY.

Drawdown Indicators

	MEYYY	SPY	Difference
Max Drawdown Largest peak-to-trough decline	-56.24%	-55.19%	-1.05%
Max Drawdown (1Y) Largest decline over 1 year	0.00%	-8.88%	+8.88%
Max Drawdown (3Y) Largest decline over 3 years	-29.03%	-18.76%	-10.27%
Max Drawdown (5Y) Largest decline over 5 years	-29.03%	-24.50%	-4.53%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.72%	—
Current Drawdown Current decline from peak	-23.81%	-0.70%	-23.11%
Average Drawdown Average peak-to-trough decline	-17.76%	-9.05%	-8.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	1.91%	-1.91%

Volatility

MEYYY vs. SPY - Volatility Comparison

The current volatility for Medco Energi Internasional Tbk PT ADR (MEYYY) is 0.00%, while State Street SPDR S&P 500 ETF (SPY) has a volatility of 2.84%. This indicates that MEYYY 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.

Volatility by Period

	MEYYY	SPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	2.84%	-2.84%
Volatility (6M) Calculated over the trailing 6-month period	0.00%	8.90%	-8.90%
Volatility (1Y) Calculated over the trailing 1-year period	6.19%	11.83%	-5.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.28%	17.05%	+30.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.99%	17.94%	+35.05%

Dividends

MEYYY vs. SPY - Dividend Comparison

MEYYY's dividend yield for the trailing twelve months is around 2.09%, more than SPY's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MEYYY Medco Energi Internasional Tbk PT ADR	2.09%	2.09%	3.42%	0.95%	5.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPY State Street SPDR S&P 500 ETF	0.98%	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

Can I hold both MEYYY and SPY in my portfolio?

MEYYY and SPY have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MEYYY or SPY?

SPY has higher volatility (2.84%) compared to MEYYY (0.00%). In terms of maximum drawdown, MEYYY dropped -56.24% vs SPY's -55.19%.

Which has better risk-adjusted returns?

SPY currently has the higher Sharpe Ratio (2.38 vs 1.54), 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.