MSGE vs. IVV
Compare and contrast key facts about Madison Square Garden Entertainment Corp. (MSGE) and iShares Core S&P 500 ETF (IVV).
IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSGE or IVV.
Key characteristics
| MSGE | IVV | |
|---|---|---|
| YTD Return | 22.05% | 27.23% |
| 1Y Return | 33.01% | 37.83% |
| Sharpe Ratio | 1.36 | 3.26 |
| Sortino Ratio | 1.83 | 4.32 |
| Omega Ratio | 1.25 | 1.61 |
| Calmar Ratio | 1.28 | 4.75 |
| Martin Ratio | 5.74 | 21.54 |
| Ulcer Index | 6.39% | 1.86% |
| Daily Std Dev | 26.98% | 12.22% |
| Max Drawdown | -29.21% | -55.25% |
| Current Drawdown | -11.31% | 0.00% |
Correlation
The correlation between MSGE and IVV is 0.34, 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
MSGE vs. IVV - Performance Comparison
In the year-to-date period, MSGE achieves a 22.05% return, which is significantly lower than IVV's 27.23% 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
MSGE vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Madison Square Garden Entertainment Corp. (MSGE) and iShares Core S&P 500 ETF (IVV). 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
MSGE vs. IVV - Dividend Comparison
MSGE has not paid dividends to shareholders, while IVV's dividend yield for the trailing twelve months is around 1.24%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSGE Madison Square Garden Entertainment 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% |
IVV iShares Core S&P 500 ETF | 1.24% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% | 1.80% |
Drawdowns
MSGE vs. IVV - Drawdown Comparison
The maximum MSGE drawdown since its inception was -29.21%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for MSGE and IVV. For additional features, visit the drawdowns tool.
Volatility
MSGE vs. IVV - Volatility Comparison
Madison Square Garden Entertainment Corp. (MSGE) has a higher volatility of 11.76% compared to iShares Core S&P 500 ETF (IVV) at 3.93%. This indicates that MSGE's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.