MRCC vs. SPY
Compare and contrast key facts about Monroe Capital Corporation (MRCC) 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: MRCC or SPY.
Correlation
The correlation between MRCC and SPY is 0.24, 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
MRCC vs. SPY - Performance Comparison
Key characteristics
MRCC:
1.50
SPY:
2.20
MRCC:
2.07
SPY:
2.91
MRCC:
1.27
SPY:
1.41
MRCC:
1.34
SPY:
3.35
MRCC:
12.36
SPY:
13.99
MRCC:
2.57%
SPY:
2.01%
MRCC:
21.13%
SPY:
12.79%
MRCC:
-57.63%
SPY:
-55.19%
MRCC:
-1.85%
SPY:
-1.35%
Returns By Period
In the year-to-date period, MRCC achieves a -0.35% return, which is significantly lower than SPY's 1.96% return. Over the past 10 years, MRCC has underperformed SPY with an annualized return of 6.11%, while SPY has yielded a comparatively higher 13.44% annualized return.
MRCC
-0.35%
5.74%
20.86%
33.33%
5.49%
6.11%
SPY
1.96%
2.27%
9.55%
27.02%
14.23%
13.44%
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Risk-Adjusted Performance
MRCC vs. SPY — Risk-Adjusted Performance Rank
MRCC
SPY
MRCC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Monroe Capital Corporation (MRCC) 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
MRCC vs. SPY - Dividend Comparison
MRCC's dividend yield for the trailing twelve months is around 11.81%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRCC Monroe Capital Corporation | 11.81% | 11.76% | 14.15% | 11.71% | 8.91% | 13.70% | 12.89% | 14.58% | 10.18% | 9.10% | 10.70% | 9.41% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MRCC vs. SPY - Drawdown Comparison
The maximum MRCC drawdown since its inception was -57.63%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MRCC and SPY. For additional features, visit the drawdowns tool.
Volatility
MRCC vs. SPY - Volatility Comparison
Monroe Capital Corporation (MRCC) has a higher volatility of 6.59% compared to SPDR S&P 500 ETF (SPY) at 5.10%. This indicates that MRCC'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.