MP vs. HDV
MP (MP Materials Corp.) is a stock, while HDV (iShares Core High Dividend ETF) is Dividend fund tracking the Morningstar Dividend Yield Focus Index. Over the past 5 years, MP returned 6.56%/yr vs 11.92%/yr for HDV. At a 0.23 correlation, their price movements are largely independent.
Performance
MP vs. HDV - Performance Comparison
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Returns By Period
In the year-to-date period, MP achieves a -10.02% return, which is significantly lower than HDV's 18.49% return.
MP
- 1D
- -8.09%
- 1M
- -20.32%
- 6M
- -31.84%
- YTD
- -10.02%
- 1Y
- -22.36%
- 3Y*
- 22.29%
- 5Y*
- 6.56%
- 10Y*
- —
HDV
- 1D
- 2.57%
- 1M
- 3.57%
- 6M
- 13.53%
- YTD
- 18.49%
- 1Y
- 23.14%
- 3Y*
- 16.44%
- 5Y*
- 11.92%
- 10Y*
- 9.28%
MP vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MP MP Materials Corp. | -10.02% | 223.85% | -21.41% | -18.25% | -46.54% | 41.19% | 224.95% |
HDV iShares Core High Dividend ETF | 18.49% | 11.90% | 14.16% | 1.72% | 7.05% | 19.45% | 8.86% |
Correlation
The correlation between MP and HDV is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2020 | 0.23 |
The correlation between MP and HDV shifts across timeframes, from -0.10 (1 year) to 0.25 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MP vs. HDV — Risk / Return Rank
MP
HDV
MP vs. HDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MP Materials Corp. (MP) and iShares Core High Dividend ETF (HDV). 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.
| MP | HDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.48 | ||
| Sortino ratioReturn per unit of downside risk | -3.25 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.38 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | 4.49 | -4.90 |
| Martin ratioReturn relative to average drawdown | -0.65 | 12.27 | -12.91 |
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Drawdowns
MP vs. HDV - Drawdown Comparison
The maximum MP drawdown since its inception was -81.99%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for MP and HDV.
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Drawdown Indicators
| MP | HDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.99% | -37.04% | -44.95% |
Max Drawdown (1Y)Largest decline over 1 year | -53.92% | -5.18% | -48.74% |
Max Drawdown (3Y)Largest decline over 3 years | -57.53% | -10.49% | -47.04% |
Max Drawdown (5Y)Largest decline over 5 years | -81.99% | -15.42% | -66.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.04% | — |
Current DrawdownCurrent decline from peak | -53.92% | 0.00% | -53.92% |
Average DrawdownAverage peak-to-trough decline | -42.63% | -3.07% | -39.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.68% | 1.89% | +32.79% |
Volatility
MP vs. HDV - Volatility Comparison
MP Materials Corp. (MP) has a higher volatility of 15.90% compared to iShares Core High Dividend ETF (HDV) at 5.12%. This indicates that MP's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MP | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.90% | 5.12% | +10.78% |
Volatility (6M)Calculated over the trailing 6-month period | 51.39% | 8.63% | +42.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.83% | 10.72% | +63.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.74% | 12.95% | +56.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.44% | 15.77% | +56.67% |
Dividends
MP vs. HDV - Dividend Comparison
MP has not paid dividends to shareholders, while HDV's dividend yield for the trailing twelve months is around 3.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDV iShares Core High Dividend ETF | 3.11% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
MP MP Materials Corp. | 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
MP and HDV have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MP has higher volatility (15.90%) compared to HDV (5.12%). In terms of maximum drawdown, MP dropped -81.99% vs HDV's -37.04%.
HDV currently has the higher Sharpe Ratio (2.17 vs -0.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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