MNSO vs. SPY
Compare and contrast key facts about MINISO Group Holding Limited (MNSO) 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: MNSO or SPY.
Correlation
The correlation between MNSO and SPY is 0.30, 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
MNSO vs. SPY - Performance Comparison
Key characteristics
MNSO:
0.45
SPY:
2.21
MNSO:
1.08
SPY:
2.93
MNSO:
1.13
SPY:
1.41
MNSO:
0.47
SPY:
3.26
MNSO:
1.18
SPY:
14.43
MNSO:
23.37%
SPY:
1.90%
MNSO:
61.45%
SPY:
12.41%
MNSO:
-86.59%
SPY:
-55.19%
MNSO:
-27.05%
SPY:
-2.74%
Returns By Period
In the year-to-date period, MNSO achieves a 18.14% return, which is significantly lower than SPY's 25.54% return.
MNSO
18.14%
31.86%
14.75%
22.96%
N/A
N/A
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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Risk-Adjusted Performance
MNSO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MINISO Group Holding Limited (MNSO) 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
MNSO vs. SPY - Dividend Comparison
MNSO's dividend yield for the trailing twelve months is around 2.42%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MNSO MINISO Group Holding Limited | 2.42% | 2.02% | 1.60% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
MNSO vs. SPY - Drawdown Comparison
The maximum MNSO drawdown since its inception was -86.59%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MNSO and SPY. For additional features, visit the drawdowns tool.
Volatility
MNSO vs. SPY - Volatility Comparison
MINISO Group Holding Limited (MNSO) has a higher volatility of 22.84% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that MNSO'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.