MNVT vs. INKM
MNVT (Moonvest ETF) and INKM (SPDR SSgA Income Allocation ETF) are both Global Equities funds. Both are actively managed. At a 0.42 correlation, their price movements are largely independent. MNVT charges 0.75%/yr vs 0.50%/yr for INKM.
Performance
MNVT vs. INKM - Performance Comparison
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Returns By Period
MNVT
- 1D
- -2.85%
- 1M
- -6.54%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
INKM
- 1D
- 0.21%
- 1M
- 0.25%
- 6M
- 4.35%
- YTD
- 6.53%
- 1Y
- 10.94%
- 3Y*
- 9.13%
- 5Y*
- 4.28%
- 10Y*
- 5.30%
- ALL TIME*
- 5.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $109.11K | $97.96K | $251.92K | |
MNVT Moonvest ETF | $653.57K | $816.73K | $1.17M |
MNVT vs. INKM - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
MNVT Moonvest ETF | 6.40% |
INKM SPDR SSgA Income Allocation ETF | 3.07% |
Correlation
The correlation between MNVT and INKM is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 18, 2026 | 0.42 |
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Return for Risk
MNVT vs. INKM — Risk / Return Rank
MNVT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
INKM
MNVT vs. INKM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Moonvest ETF (MNVT) and SPDR SSgA Income Allocation ETF (INKM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MNVT | INKM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.43 | — |
| Martin ratioReturn relative to average drawdown | — | 9.55 | — |
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Drawdowns
MNVT vs. INKM - Drawdown Comparison
The maximum MNVT drawdown since its inception was -23.74%, smaller than the maximum INKM drawdown of -28.58%. Use the drawdown chart below to compare losses from any high point for MNVT and INKM.
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Drawdown Indicators
| MNVT | INKM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.74% | -28.58% | +4.84% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.55% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -8.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.18% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.58% | — |
Current DrawdownCurrent decline from peak | -23.74% | -0.34% | -23.40% |
Average DrawdownAverage peak-to-trough decline | -8.51% | -3.66% | -4.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.16% | — |
Volatility
MNVT vs. INKM - Volatility Comparison
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Volatility by Period
| MNVT | INKM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.13% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.66% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 45.29% | 6.01% | +39.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.29% | 8.30% | +36.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.29% | 9.74% | +35.55% |
MNVT vs. INKM - Expense Ratio Comparison
MNVT has a 0.75% expense ratio, which is higher than INKM's 0.50% expense ratio.
Dividends
MNVT vs. INKM - Dividend Comparison
MNVT has not paid dividends to shareholders, while INKM's dividend yield for the trailing twelve months is around 4.78%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INKM SPDR SSgA Income Allocation ETF | 4.78% | 5.82% | 4.83% | 4.56% | 5.03% | 3.74% | 3.88% | 4.38% | 4.08% | 3.10% | 3.39% | 3.45% |
MNVT Moonvest ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MNVT and INKM have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, INKM is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
INKM is cheaper with a 0.50% expense ratio, compared with 0.75% for MNVT.
INKM has the higher dividend yield at 4.78%, compared with 0.00% for MNVT.
They also come from different issuers: Moonvest and State Street. Their fees differ too: 0.75% for MNVT and 0.50% for INKM.
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