MOMO vs. SPY
Compare and contrast key facts about Momo Inc. (MOMO) 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: MOMO or SPY.
Correlation
The correlation between MOMO and SPY is 0.34, 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
MOMO vs. SPY - Performance Comparison
Key characteristics
MOMO:
0.35
SPY:
1.99
MOMO:
0.77
SPY:
2.66
MOMO:
1.11
SPY:
1.37
MOMO:
0.19
SPY:
2.97
MOMO:
1.32
SPY:
13.06
MOMO:
12.71%
SPY:
1.91%
MOMO:
47.52%
SPY:
12.59%
MOMO:
-90.31%
SPY:
-55.19%
MOMO:
-79.84%
SPY:
-2.90%
Returns By Period
In the year-to-date period, MOMO achieves a 15.12% return, which is significantly lower than SPY's 25.34% return. Over the past 10 years, MOMO has underperformed SPY with an annualized return of -1.61%, while SPY has yielded a comparatively higher 13.08% annualized return.
MOMO
15.12%
8.32%
18.92%
15.12%
-20.46%
-1.61%
SPY
25.34%
-2.05%
8.56%
25.34%
14.57%
13.08%
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Risk-Adjusted Performance
MOMO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Momo Inc. (MOMO) 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
MOMO vs. SPY - Dividend Comparison
MOMO's dividend yield for the trailing twelve months is around 7.41%, more than SPY's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
MOMO Momo Inc. | 7.41% | 10.36% | 7.13% | 7.13% | 5.44% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MOMO vs. SPY - Drawdown Comparison
The maximum MOMO drawdown since its inception was -90.31%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MOMO and SPY. For additional features, visit the drawdowns tool.
Volatility
MOMO vs. SPY - Volatility Comparison
Momo Inc. (MOMO) has a higher volatility of 12.19% compared to SPDR S&P 500 ETF (SPY) at 4.22%. This indicates that MOMO'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.