MKC vs. SPY
Compare and contrast key facts about McCormick & Company, Incorporated (MKC) 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: MKC or SPY.
Correlation
The correlation between MKC and SPY 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
MKC vs. SPY - Performance Comparison
Key characteristics
MKC:
0.89
SPY:
2.03
MKC:
1.53
SPY:
2.71
MKC:
1.18
SPY:
1.38
MKC:
0.55
SPY:
3.02
MKC:
3.44
SPY:
13.49
MKC:
5.70%
SPY:
1.88%
MKC:
21.98%
SPY:
12.48%
MKC:
-41.18%
SPY:
-55.19%
MKC:
-20.00%
SPY:
-3.54%
Returns By Period
In the year-to-date period, MKC achieves a 17.66% return, which is significantly lower than SPY's 24.51% return. Over the past 10 years, MKC has underperformed SPY with an annualized return of 9.55%, while SPY has yielded a comparatively higher 12.94% annualized return.
MKC
17.66%
6.10%
16.65%
18.75%
0.58%
9.55%
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
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Risk-Adjusted Performance
MKC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for McCormick & Company, Incorporated (MKC) 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
MKC vs. SPY - Dividend Comparison
MKC's dividend yield for the trailing twelve months is around 2.12%, more than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKC McCormick & Company, Incorporated | 2.12% | 2.32% | 1.81% | 1.44% | 1.33% | 1.37% | 1.53% | 1.89% | 1.89% | 1.91% | 2.03% | 2.02% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
MKC vs. SPY - Drawdown Comparison
The maximum MKC drawdown since its inception was -41.18%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MKC and SPY. For additional features, visit the drawdowns tool.
Volatility
MKC vs. SPY - Volatility Comparison
McCormick & Company, Incorporated (MKC) has a higher volatility of 5.53% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that MKC'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.