MOV vs. SPY
Compare and contrast key facts about Movado Group, Inc. (MOV) 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: MOV or SPY.
Correlation
The correlation between MOV and SPY is 0.39, 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
MOV vs. SPY - Performance Comparison
Key characteristics
MOV:
-0.99
SPY:
0.54
MOV:
-1.31
SPY:
0.90
MOV:
0.83
SPY:
1.13
MOV:
-0.55
SPY:
0.57
MOV:
-1.46
SPY:
2.24
MOV:
25.75%
SPY:
4.82%
MOV:
37.80%
SPY:
20.02%
MOV:
-86.06%
SPY:
-55.19%
MOV:
-61.24%
SPY:
-7.53%
Returns By Period
In the year-to-date period, MOV achieves a -20.13% return, which is significantly lower than SPY's -3.30% return. Over the past 10 years, MOV has underperformed SPY with an annualized return of -2.51%, while SPY has yielded a comparatively higher 12.33% annualized return.
MOV
-20.13%
16.52%
-20.51%
-37.25%
14.98%
-2.51%
SPY
-3.30%
13.81%
-4.52%
10.65%
15.81%
12.33%
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Risk-Adjusted Performance
MOV vs. SPY — Risk-Adjusted Performance Rank
MOV
SPY
MOV vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Movado Group, Inc. (MOV) 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
MOV vs. SPY - Dividend Comparison
MOV's dividend yield for the trailing twelve months is around 9.14%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MOV Movado Group, Inc. | 9.14% | 7.11% | 7.96% | 4.34% | 2.27% | 0.00% | 3.68% | 2.53% | 1.61% | 1.81% | 1.71% | 1.41% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MOV vs. SPY - Drawdown Comparison
The maximum MOV drawdown since its inception was -86.06%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MOV and SPY. For additional features, visit the drawdowns tool.
Volatility
MOV vs. SPY - Volatility Comparison
Movado Group, Inc. (MOV) has a higher volatility of 14.14% compared to SPDR S&P 500 ETF (SPY) at 12.36%. This indicates that MOV'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.