MSGS vs. EQWL
Compare and contrast key facts about Madison Square Garden Sports Corp. (MSGS) and Invesco S&P 100 Equal Weight ETF (EQWL).
EQWL is a passively managed fund by Invesco that tracks the performance of the S&P 100 Equal Weighted. It was launched on Dec 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSGS or EQWL.
Correlation
The correlation between MSGS and EQWL is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MSGS vs. EQWL - Performance Comparison
Key characteristics
MSGS:
1.03
EQWL:
1.75
MSGS:
1.67
EQWL:
2.43
MSGS:
1.20
EQWL:
1.32
MSGS:
0.97
EQWL:
3.01
MSGS:
5.21
EQWL:
9.42
MSGS:
3.71%
EQWL:
1.99%
MSGS:
18.86%
EQWL:
10.73%
MSGS:
-41.57%
EQWL:
-49.36%
MSGS:
-9.50%
EQWL:
-4.98%
Returns By Period
In the year-to-date period, MSGS achieves a -5.42% return, which is significantly lower than EQWL's -0.38% return.
MSGS
-5.42%
-9.24%
7.24%
19.55%
0.56%
N/A
EQWL
-0.38%
-2.91%
4.72%
18.74%
12.47%
12.58%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
MSGS vs. EQWL — Risk-Adjusted Performance Rank
MSGS
EQWL
MSGS vs. EQWL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Madison Square Garden Sports Corp. (MSGS) and Invesco S&P 100 Equal Weight ETF (EQWL). 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
MSGS vs. EQWL - Dividend Comparison
MSGS has not paid dividends to shareholders, while EQWL's dividend yield for the trailing twelve months is around 1.87%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSGS Madison Square Garden Sports Corp. | 0.00% | 0.00% | 0.00% | 3.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EQWL Invesco S&P 100 Equal Weight ETF | 1.87% | 1.86% | 1.97% | 2.12% | 1.65% | 2.01% | 2.04% | 2.23% | 1.27% | 2.01% | 2.03% | 1.74% |
Drawdowns
MSGS vs. EQWL - Drawdown Comparison
The maximum MSGS drawdown since its inception was -41.57%, smaller than the maximum EQWL drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for MSGS and EQWL. For additional features, visit the drawdowns tool.
Volatility
MSGS vs. EQWL - Volatility Comparison
Madison Square Garden Sports Corp. (MSGS) has a higher volatility of 6.05% compared to Invesco S&P 100 Equal Weight ETF (EQWL) at 3.89%. This indicates that MSGS's price experiences larger fluctuations and is considered to be riskier than EQWL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.