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MNKD vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MNKD and SPY is 0.33, 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

MNKD vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MannKind Corporation (MNKD) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

MNKD:

0.07

SPY:

0.64

Sortino Ratio

MNKD:

0.43

SPY:

1.16

Omega Ratio

MNKD:

1.05

SPY:

1.17

Calmar Ratio

MNKD:

0.04

SPY:

0.79

Martin Ratio

MNKD:

0.18

SPY:

3.04

Ulcer Index

MNKD:

18.85%

SPY:

4.87%

Daily Std Dev

MNKD:

37.86%

SPY:

20.29%

Max Drawdown

MNKD:

-99.41%

SPY:

-55.19%

Current Drawdown

MNKD:

-96.15%

SPY:

-3.38%

Returns By Period

In the year-to-date period, MNKD achieves a -29.08% return, which is significantly lower than SPY's 1.05% return. Over the past 10 years, MNKD has underperformed SPY with an annualized return of -14.59%, while SPY has yielded a comparatively higher 12.69% annualized return.


MNKD

YTD

-29.08%

1M

-1.72%

6M

-35.04%

1Y

2.47%

5Y*

30.28%

10Y*

-14.59%

SPY

YTD

1.05%

1M

9.83%

6M

0.15%

1Y

12.87%

5Y*

17.33%

10Y*

12.69%

*Annualized

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Risk-Adjusted Performance

MNKD vs. SPY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MNKD
The Risk-Adjusted Performance Rank of MNKD is 5151
Overall Rank
The Sharpe Ratio Rank of MNKD is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of MNKD is 4848
Sortino Ratio Rank
The Omega Ratio Rank of MNKD is 4646
Omega Ratio Rank
The Calmar Ratio Rank of MNKD is 5252
Calmar Ratio Rank
The Martin Ratio Rank of MNKD is 5353
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 7171
Overall Rank
The Sharpe Ratio Rank of SPY is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 7070
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 7474
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 7474
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 7373
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MNKD vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MannKind Corporation (MNKD) 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.


The current MNKD Sharpe Ratio is 0.07, which is lower than the SPY Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of MNKD and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

MNKD vs. SPY - Dividend Comparison

MNKD has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.21%.


TTM20242023202220212020201920182017201620152014
MNKD
MannKind Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.21%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

MNKD vs. SPY - Drawdown Comparison

The maximum MNKD drawdown since its inception was -99.41%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MNKD and SPY. For additional features, visit the drawdowns tool.


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Volatility

MNKD vs. SPY - Volatility Comparison

MannKind Corporation (MNKD) has a higher volatility of 11.79% compared to SPDR S&P 500 ETF (SPY) at 6.19%. This indicates that MNKD'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.


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