MNTX vs. SPY
Compare and contrast key facts about Manitex International, Inc. (MNTX) 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: MNTX or SPY.
Correlation
The correlation between MNTX and SPY is 0.21, 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
MNTX vs. SPY - Performance Comparison
Key characteristics
MNTX:
-0.41
SPY:
2.21
MNTX:
-0.26
SPY:
2.93
MNTX:
0.97
SPY:
1.41
MNTX:
-0.42
SPY:
3.26
MNTX:
-0.92
SPY:
14.40
MNTX:
37.27%
SPY:
1.90%
MNTX:
82.63%
SPY:
12.44%
MNTX:
-95.19%
SPY:
-55.19%
MNTX:
-66.80%
SPY:
-1.83%
Returns By Period
In the year-to-date period, MNTX achieves a -33.75% return, which is significantly lower than SPY's 26.72% return. Over the past 10 years, MNTX has underperformed SPY with an annualized return of -7.01%, while SPY has yielded a comparatively higher 13.04% annualized return.
MNTX
-33.75%
0.87%
25.60%
-33.22%
0.78%
-7.01%
SPY
26.72%
0.20%
10.28%
27.17%
14.87%
13.04%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
MNTX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Manitex International, Inc. (MNTX) 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
MNTX vs. SPY - Dividend Comparison
MNTX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MNTX Manitex International, Inc. | 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 | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
MNTX vs. SPY - Drawdown Comparison
The maximum MNTX drawdown since its inception was -95.19%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MNTX and SPY. For additional features, visit the drawdowns tool.
Volatility
MNTX vs. SPY - Volatility Comparison
The current volatility for Manitex International, Inc. (MNTX) is 1.38%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.83%. This indicates that MNTX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.