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:
0.69
SPY:
2.20
MKC:
1.22
SPY:
2.91
MKC:
1.14
SPY:
1.41
MKC:
0.43
SPY:
3.35
MKC:
2.43
SPY:
13.99
MKC:
6.30%
SPY:
2.01%
MKC:
22.35%
SPY:
12.79%
MKC:
-41.18%
SPY:
-55.19%
MKC:
-25.49%
SPY:
-1.35%
Returns By Period
In the year-to-date period, MKC achieves a -3.84% return, which is significantly lower than SPY's 1.96% return. Over the past 10 years, MKC has underperformed SPY with an annualized return of 9.04%, while SPY has yielded a comparatively higher 13.29% annualized return.
MKC
-3.84%
-6.49%
0.95%
15.30%
-1.41%
9.04%
SPY
1.96%
1.09%
8.43%
25.46%
14.30%
13.29%
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Risk-Adjusted Performance
MKC vs. SPY — Risk-Adjusted Performance Rank
MKC
SPY
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 2.33%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKC McCormick & Company, Incorporated | 2.33% | 2.24% | 2.32% | 1.81% | 1.44% | 1.15% | 1.37% | 1.53% | 1.89% | 1.89% | 1.91% | 2.03% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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 6.28% compared to SPDR S&P 500 ETF (SPY) at 5.10%. 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.