MIMI vs. SPAXX
MIMI (Mint Incorporation Ltd) is a stock, while SPAXX (Fidelity Government Money Market Fund) is Money Market fund actively managed by Fidelity. Over the past year, MIMI returned -97.99% vs 3.25% for SPAXX. Their -0.00 correlation means they have often moved in opposite directions in the past.
Performance
MIMI vs. SPAXX - Performance Comparison
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Returns By Period
In the year-to-date period, MIMI achieves a -44.33% return, which is significantly lower than SPAXX's 1.64% return.
MIMI
- 1D
- -2.91%
- 1M
- -25.78%
- 6M
- -41.09%
- YTD
- -44.33%
- 1Y
- -97.99%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -87.84%
SPAXX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 1.35%
- YTD
- 1.64%
- 1Y
- 3.25%
- 3Y*
- 2.52%
- 5Y*
- 1.50%
- 10Y*
- —
- ALL TIME*
- 1.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $264.07K | $7.48M | $5.35M | |
| $0.00 | $0.00 | $0.00 |
MIMI vs. SPAXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MIMI Mint Incorporation Ltd | -44.33% | -93.18% |
SPAXX Fidelity Government Money Market Fund | 1.64% | 3.96% |
Correlation
The correlation between MIMI and SPAXX is -0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.04 |
Correlation (All Time) Calculated using the full available price history since Jan 10, 2025 | -0.00 |
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Return for Risk
MIMI vs. SPAXX — Risk / Return Rank
MIMI
SPAXX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MIMI vs. SPAXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mint Incorporation Ltd (MIMI) and Fidelity Government Money Market Fund (SPAXX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MIMI | SPAXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.12 | ||
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.81 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -1.00 | — | — |
| Martin ratioReturn relative to average drawdown | -1.16 | — | — |
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Drawdowns
MIMI vs. SPAXX - Drawdown Comparison
The maximum MIMI drawdown since its inception was -98.53%, which is greater than SPAXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for MIMI and SPAXX.
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Drawdown Indicators
| MIMI | SPAXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.53% | 0.00% | -98.53% |
Max Drawdown (1Y)Largest decline over 1 year | -98.53% | 0.00% | -98.53% |
Max Drawdown (3Y)Largest decline over 3 years | — | 0.00% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | 0.00% | — |
Current DrawdownCurrent decline from peak | -98.45% | 0.00% | -98.45% |
Average DrawdownAverage peak-to-trough decline | -55.86% | 0.00% | -55.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 84.19% | 0.00% | +84.19% |
Volatility
MIMI vs. SPAXX - Volatility Comparison
Mint Incorporation Ltd (MIMI) has a higher volatility of 49.58% compared to Fidelity Government Money Market Fund (SPAXX) at 0.00%. This indicates that MIMI's price experiences larger fluctuations and is considered to be riskier than SPAXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MIMI | SPAXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 49.58% | 0.00% | +49.58% |
Volatility (6M)Calculated over the trailing 6-month period | 124.23% | 0.65% | +123.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 207.46% | 1.02% | +206.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 173.25% | 0.70% | +172.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 173.25% | 0.69% | +172.56% |
Dividends
MIMI vs. SPAXX - Dividend Comparison
MIMI has not paid dividends to shareholders, while SPAXX's dividend yield for the trailing twelve months is around 3.20%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
MIMI Mint Incorporation Ltd | 0.00% | 0.00% | 0.00% | 0.00% |
SPAXX Fidelity Government Money Market Fund | 3.20% | 3.88% | 1.53% | 0.41% |
Frequently Asked Questions
MIMI and SPAXX have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MIMI has higher volatility (49.58%) compared to SPAXX (0.00%). In terms of maximum drawdown, MIMI dropped -98.53% vs SPAXX's 0.00%.
SPAXX currently has the higher Sharpe Ratio (3.65 vs -0.47), 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.
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