MLKN vs. SPY
Compare and contrast key facts about MillerKnoll, Inc. (MLKN) 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: MLKN or SPY.
Correlation
The correlation between MLKN and SPY is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MLKN vs. SPY - Performance Comparison
Key characteristics
MLKN:
-0.56
SPY:
1.88
MLKN:
-0.51
SPY:
2.53
MLKN:
0.93
SPY:
1.35
MLKN:
-0.41
SPY:
2.83
MLKN:
-1.29
SPY:
11.74
MLKN:
17.36%
SPY:
2.02%
MLKN:
40.02%
SPY:
12.64%
MLKN:
-79.45%
SPY:
-55.19%
MLKN:
-50.41%
SPY:
-0.42%
Returns By Period
In the year-to-date period, MLKN achieves a 0.49% return, which is significantly lower than SPY's 4.15% return. Over the past 10 years, MLKN has underperformed SPY with an annualized return of -0.91%, while SPY has yielded a comparatively higher 13.18% annualized return.
MLKN
0.49%
2.62%
-20.14%
-19.69%
-8.63%
-0.91%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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Risk-Adjusted Performance
MLKN vs. SPY — Risk-Adjusted Performance Rank
MLKN
SPY
MLKN vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MillerKnoll, Inc. (MLKN) 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
MLKN vs. SPY - Dividend Comparison
MLKN's dividend yield for the trailing twelve months is around 3.30%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLKN MillerKnoll, Inc. | 3.30% | 3.32% | 2.81% | 3.57% | 1.91% | 1.18% | 1.96% | 2.50% | 1.75% | 1.86% | 2.00% | 1.90% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MLKN vs. SPY - Drawdown Comparison
The maximum MLKN drawdown since its inception was -79.45%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MLKN and SPY. For additional features, visit the drawdowns tool.
Volatility
MLKN vs. SPY - Volatility Comparison
MillerKnoll, Inc. (MLKN) has a higher volatility of 9.62% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that MLKN'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.