Correlation
The correlation between MRAM and VOO 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.
MRAM vs. VOO
Compare and contrast key facts about Everspin Technologies, Inc. (MRAM) and Vanguard S&P 500 ETF (VOO).
VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRAM or VOO.
Performance
MRAM vs. VOO - Performance Comparison
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Key characteristics
MRAM:
-0.10
VOO:
0.74
MRAM:
0.07
VOO:
1.04
MRAM:
1.01
VOO:
1.15
MRAM:
-0.09
VOO:
0.68
MRAM:
-0.50
VOO:
2.58
MRAM:
14.92%
VOO:
4.93%
MRAM:
44.76%
VOO:
19.54%
MRAM:
-91.28%
VOO:
-33.99%
MRAM:
-77.45%
VOO:
-3.55%
Returns By Period
In the year-to-date period, MRAM achieves a -12.21% return, which is significantly lower than VOO's 0.90% return.
MRAM
-12.21%
-5.24%
-8.63%
-5.87%
-2.75%
-0.97%
N/A
VOO
0.90%
5.53%
-1.46%
13.29%
14.31%
15.89%
12.81%
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Risk-Adjusted Performance
MRAM vs. VOO — Risk-Adjusted Performance Rank
MRAM
VOO
MRAM vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Everspin Technologies, Inc. (MRAM) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
MRAM vs. VOO - Dividend Comparison
MRAM has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.29%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
MRAM Everspin Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
MRAM vs. VOO - Drawdown Comparison
The maximum MRAM drawdown since its inception was -91.28%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MRAM and VOO.
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Volatility
MRAM vs. VOO - Volatility Comparison
Everspin Technologies, Inc. (MRAM) has a higher volatility of 15.82% compared to Vanguard S&P 500 ETF (VOO) at 4.84%. This indicates that MRAM's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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