MOO vs. SPYD
Compare and contrast key facts about VanEck Vectors Agribusiness ETF (MOO) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD).
MOO and SPYD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MOO is a passively managed fund by VanEck that tracks the performance of the DAXglobal Agribusiness Index. It was launched on Aug 31, 2007. SPYD is a passively managed fund by State Street that tracks the performance of the S&P 500 High Dividend Index. It was launched on Oct 21, 2015. Both MOO and SPYD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MOO or SPYD.
Key characteristics
| MOO | SPYD | |
|---|---|---|
| YTD Return | -5.49% | 15.79% |
| 1Y Return | -9.33% | 27.70% |
| 3Y Return (Ann) | -6.32% | 8.14% |
| 5Y Return (Ann) | 3.37% | 8.73% |
| Sharpe Ratio | -0.68 | 1.79 |
| Daily Std Dev | 14.98% | 15.04% |
| Max Drawdown | -69.53% | -46.42% |
| Current Drawdown | -30.05% | -1.51% |
Correlation
The correlation between MOO and SPYD is 0.73, 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
MOO vs. SPYD - Performance Comparison
In the year-to-date period, MOO achieves a -5.49% return, which is significantly lower than SPYD's 15.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MOO vs. SPYD - Expense Ratio Comparison
MOO has a 0.54% expense ratio, which is higher than SPYD's 0.07% expense ratio.
Risk-Adjusted Performance
MOO vs. SPYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Agribusiness ETF (MOO) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD). 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
MOO vs. SPYD - Dividend Comparison
MOO's dividend yield for the trailing twelve months is around 3.11%, less than SPYD's 4.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MOO VanEck Vectors Agribusiness ETF | 3.11% | 2.93% | 2.15% | 1.17% | 1.10% | 1.32% | 1.69% | 1.44% | 2.14% | 2.89% | 3.21% | 1.91% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 4.13% | 4.66% | 5.01% | 3.68% | 4.95% | 4.43% | 4.75% | 4.63% | 4.34% | 1.13% | 0.00% | 0.00% |
Drawdowns
MOO vs. SPYD - Drawdown Comparison
The maximum MOO drawdown since its inception was -69.53%, which is greater than SPYD's maximum drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for MOO and SPYD. For additional features, visit the drawdowns tool.
Volatility
MOO vs. SPYD - Volatility Comparison
VanEck Vectors Agribusiness ETF (MOO) has a higher volatility of 4.56% compared to SPDR Portfolio S&P 500 High Dividend ETF (SPYD) at 2.67%. This indicates that MOO's price experiences larger fluctuations and is considered to be riskier than SPYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.