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

Key characteristics


MOATSPY
YTD Return4.14%9.93%
1Y Return21.80%28.39%
3Y Return (Ann)7.83%9.37%
5Y Return (Ann)14.92%14.68%
10Y Return (Ann)13.08%12.76%
Sharpe Ratio1.612.46
Daily Std Dev13.39%11.52%
Max Drawdown-33.31%-55.19%
Current Drawdown-1.69%-0.43%

Correlation

-0.50.00.51.00.9

The correlation between MOAT and SPY is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

MOAT vs. SPY - Performance Comparison

In the year-to-date period, MOAT achieves a 4.14% return, which is significantly lower than SPY's 9.93% return. Both investments have delivered pretty close results over the past 10 years, with MOAT having a 13.08% annualized return and SPY not far behind at 12.76%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


300.00%320.00%340.00%360.00%380.00%400.00%420.00%December2024FebruaryMarchAprilMay
403.17%
367.01%
MOAT
SPY

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VanEck Vectors Morningstar Wide Moat ETF

SPDR S&P 500 ETF

MOAT vs. SPY - Expense Ratio Comparison

MOAT has a 0.48% expense ratio, which is higher than SPY's 0.09% expense ratio.


MOAT
VanEck Vectors Morningstar Wide Moat ETF
Expense ratio chart for MOAT: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

MOAT vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Morningstar Wide Moat ETF (MOAT) 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.


MOAT
Sharpe ratio
The chart of Sharpe ratio for MOAT, currently valued at 1.61, compared to the broader market0.002.004.001.61
Sortino ratio
The chart of Sortino ratio for MOAT, currently valued at 2.30, compared to the broader market-2.000.002.004.006.008.0010.002.30
Omega ratio
The chart of Omega ratio for MOAT, currently valued at 1.27, compared to the broader market0.501.001.502.002.501.27
Calmar ratio
The chart of Calmar ratio for MOAT, currently valued at 1.43, compared to the broader market0.002.004.006.008.0010.0012.0014.001.43
Martin ratio
The chart of Martin ratio for MOAT, currently valued at 4.21, compared to the broader market0.0020.0040.0060.0080.004.21
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 2.46, compared to the broader market0.002.004.002.46
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 3.47, compared to the broader market-2.000.002.004.006.008.0010.003.47
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.43, compared to the broader market0.501.001.502.002.501.43
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 2.28, compared to the broader market0.002.004.006.008.0010.0012.0014.002.28
Martin ratio
The chart of Martin ratio for SPY, currently valued at 9.75, compared to the broader market0.0020.0040.0060.0080.009.75

MOAT vs. SPY - Sharpe Ratio Comparison

The current MOAT Sharpe Ratio is 1.61, which is lower than the SPY Sharpe Ratio of 2.46. The chart below compares the 12-month rolling Sharpe Ratio of MOAT and SPY.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00December2024FebruaryMarchAprilMay
1.61
2.46
MOAT
SPY

Dividends

MOAT vs. SPY - Dividend Comparison

MOAT's dividend yield for the trailing twelve months is around 0.82%, less than SPY's 1.29% yield.


TTM20232022202120202019201820172016201520142013
MOAT
VanEck Vectors Morningstar Wide Moat ETF
0.82%0.86%1.25%1.08%1.46%1.31%1.79%1.07%1.17%2.13%1.34%0.79%
SPY
SPDR S&P 500 ETF
1.29%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

MOAT vs. SPY - Drawdown Comparison

The maximum MOAT drawdown since its inception was -33.31%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MOAT and SPY. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%December2024FebruaryMarchAprilMay
-1.69%
-0.43%
MOAT
SPY

Volatility

MOAT vs. SPY - Volatility Comparison

The current volatility for VanEck Vectors Morningstar Wide Moat ETF (MOAT) is 2.64%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.62%. This indicates that MOAT 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.


2.00%3.00%4.00%5.00%6.00%December2024FebruaryMarchAprilMay
2.64%
3.62%
MOAT
SPY