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MMYT vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

MMYT vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MakeMyTrip Limited (MMYT) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%50.00%JuneJulyAugustSeptemberOctoberNovember
46.94%
13.62%
MMYT
VOO

Returns By Period

In the year-to-date period, MMYT achieves a 133.48% return, which is significantly higher than VOO's 26.16% return. Over the past 10 years, MMYT has outperformed VOO with an annualized return of 14.27%, while VOO has yielded a comparatively lower 13.18% annualized return.


MMYT

YTD

133.48%

1M

6.51%

6M

46.94%

1Y

158.34%

5Y (annualized)

34.08%

10Y (annualized)

14.27%

VOO

YTD

26.16%

1M

1.77%

6M

13.62%

1Y

32.33%

5Y (annualized)

15.68%

10Y (annualized)

13.18%

Key characteristics


MMYTVOO
Sharpe Ratio3.112.70
Sortino Ratio3.283.60
Omega Ratio1.451.50
Calmar Ratio7.483.90
Martin Ratio22.0117.65
Ulcer Index7.20%1.86%
Daily Std Dev51.00%12.19%
Max Drawdown-73.45%-33.99%
Current Drawdown-3.31%-0.86%

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Correlation

-0.50.00.51.00.3

The correlation between MMYT and VOO is 0.34, 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.

Risk-Adjusted Performance

MMYT vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MakeMyTrip Limited (MMYT) and Vanguard S&P 500 ETF (VOO). 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.


Sharpe ratio
The chart of Sharpe ratio for MMYT, currently valued at 3.11, compared to the broader market-4.00-2.000.002.004.003.112.70
The chart of Sortino ratio for MMYT, currently valued at 3.28, compared to the broader market-4.00-2.000.002.004.003.283.60
The chart of Omega ratio for MMYT, currently valued at 1.45, compared to the broader market0.501.001.502.001.451.50
The chart of Calmar ratio for MMYT, currently valued at 7.48, compared to the broader market0.002.004.006.007.483.90
The chart of Martin ratio for MMYT, currently valued at 22.01, compared to the broader market0.0010.0020.0030.0022.0117.65
MMYT
VOO

The current MMYT Sharpe Ratio is 3.11, which is comparable to the VOO Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of MMYT and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.002.003.004.005.006.00JuneJulyAugustSeptemberOctoberNovember
3.11
2.70
MMYT
VOO

Dividends

MMYT vs. VOO - Dividend Comparison

MMYT has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.24%.


TTM20232022202120202019201820172016201520142013
MMYT
MakeMyTrip Limited
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

MMYT vs. VOO - Drawdown Comparison

The maximum MMYT drawdown since its inception was -73.45%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MMYT and VOO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.31%
-0.86%
MMYT
VOO

Volatility

MMYT vs. VOO - Volatility Comparison

MakeMyTrip Limited (MMYT) has a higher volatility of 18.11% compared to Vanguard S&P 500 ETF (VOO) at 3.99%. This indicates that MMYT's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
18.11%
3.99%
MMYT
VOO