MG vs. SPMO
Compare and contrast key facts about Mistras Group, Inc. (MG) and Invesco S&P 500® Momentum ETF (SPMO).
SPMO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Momentum Index. It was launched on Oct 9, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MG or SPMO.
Correlation
The correlation between MG and SPMO is 0.39, 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
MG vs. SPMO - Performance Comparison
Key characteristics
MG:
-0.01
SPMO:
0.93
MG:
0.30
SPMO:
1.40
MG:
1.04
SPMO:
1.20
MG:
-0.01
SPMO:
1.14
MG:
-0.03
SPMO:
4.23
MG:
17.18%
SPMO:
5.42%
MG:
45.13%
SPMO:
24.76%
MG:
-89.21%
SPMO:
-30.95%
MG:
-65.91%
SPMO:
-8.77%
Returns By Period
In the year-to-date period, MG achieves a 1.43% return, which is significantly higher than SPMO's -0.85% return.
MG
1.43%
-13.30%
-14.43%
2.68%
16.86%
-6.50%
SPMO
-0.85%
1.99%
1.83%
22.68%
20.45%
N/A
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Risk-Adjusted Performance
MG vs. SPMO — Risk-Adjusted Performance Rank
MG
SPMO
MG vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mistras Group, Inc. (MG) and Invesco S&P 500® Momentum ETF (SPMO). 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
MG vs. SPMO - Dividend Comparison
MG has not paid dividends to shareholders, while SPMO's dividend yield for the trailing twelve months is around 0.54%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
MG Mistras Group, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPMO Invesco S&P 500® Momentum ETF | 0.54% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Drawdowns
MG vs. SPMO - Drawdown Comparison
The maximum MG drawdown since its inception was -89.21%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for MG and SPMO. For additional features, visit the drawdowns tool.
Volatility
MG vs. SPMO - Volatility Comparison
The current volatility for Mistras Group, Inc. (MG) is 13.49%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 16.81%. This indicates that MG experiences smaller price fluctuations and is considered to be less risky than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.