MSD vs. SPY
Compare and contrast key facts about Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) 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: MSD or SPY.
Correlation
The correlation between MSD and SPY is 0.32, 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
MSD vs. SPY - Performance Comparison
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Key characteristics
MSD:
1.40
SPY:
0.68
MSD:
1.84
SPY:
1.13
MSD:
1.27
SPY:
1.17
MSD:
1.61
SPY:
0.76
MSD:
6.25
SPY:
2.93
MSD:
3.32%
SPY:
4.87%
MSD:
15.26%
SPY:
20.29%
MSD:
-52.67%
SPY:
-55.19%
MSD:
-5.93%
SPY:
-3.85%
Returns By Period
In the year-to-date period, MSD achieves a 1.73% return, which is significantly higher than SPY's 0.56% return. Over the past 10 years, MSD has underperformed SPY with an annualized return of 5.17%, while SPY has yielded a comparatively higher 12.67% annualized return.
MSD
1.73%
6.42%
5.35%
21.24%
7.81%
5.17%
SPY
0.56%
8.99%
-0.98%
13.71%
17.23%
12.67%
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Risk-Adjusted Performance
MSD vs. SPY — Risk-Adjusted Performance Rank
MSD
SPY
MSD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) 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.
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Dividends
MSD vs. SPY - Dividend Comparison
MSD's dividend yield for the trailing twelve months is around 12.14%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSD Morgan Stanley Emerging Markets Debt Fund, Inc. | 12.14% | 11.88% | 10.92% | 7.34% | 4.99% | 4.68% | 5.37% | 6.56% | 5.81% | 6.87% | 7.04% | 6.27% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MSD vs. SPY - Drawdown Comparison
The maximum MSD drawdown since its inception was -52.67%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MSD and SPY. For additional features, visit the drawdowns tool.
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Volatility
MSD vs. SPY - Volatility Comparison
The current volatility for Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) is 5.36%, while SPDR S&P 500 ETF (SPY) has a volatility of 6.24%. This indicates that MSD experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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