MSA.TO vs. ^SPTSX60
Compare and contrast key facts about Mineros S.A. (MSA.TO) and S&P/TSX 60 Index (^SPTSX60).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSA.TO or ^SPTSX60.
Key characteristics
| MSA.TO | ^SPTSX60 | |
|---|---|---|
| YTD Return | 84.80% | 12.35% |
| 1Y Return | 115.27% | 15.56% |
| Sharpe Ratio | 3.07 | 1.30 |
| Daily Std Dev | 37.58% | 11.38% |
| Max Drawdown | -47.75% | -49.15% |
| Current Drawdown | -18.46% | -0.21% |
Correlation
The correlation between MSA.TO and ^SPTSX60 is 0.31, 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
MSA.TO vs. ^SPTSX60 - Performance Comparison
In the year-to-date period, MSA.TO achieves a 84.80% return, which is significantly higher than ^SPTSX60's 12.35% 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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Risk-Adjusted Performance
MSA.TO vs. ^SPTSX60 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mineros S.A. (MSA.TO) and S&P/TSX 60 Index (^SPTSX60). 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.
Drawdowns
MSA.TO vs. ^SPTSX60 - Drawdown Comparison
The maximum MSA.TO drawdown since its inception was -47.75%, roughly equal to the maximum ^SPTSX60 drawdown of -49.15%. Use the drawdown chart below to compare losses from any high point for MSA.TO and ^SPTSX60. For additional features, visit the drawdowns tool.
Volatility
MSA.TO vs. ^SPTSX60 - Volatility Comparison
Mineros S.A. (MSA.TO) has a higher volatility of 11.88% compared to S&P/TSX 60 Index (^SPTSX60) at 3.77%. This indicates that MSA.TO's price experiences larger fluctuations and is considered to be riskier than ^SPTSX60 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.