Correlation
The correlation between MSM and AIO is 0.54, 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.
MSM vs. AIO
Compare and contrast key facts about MSC Industrial Direct Co., Inc. (MSM) and Virtus Artificial Intelligence & Technology Opportunities Fund (AIO).
AIO is managed by Virtus. It was launched on Oct 29, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSM or AIO.
Performance
MSM vs. AIO - Performance Comparison
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Key characteristics
MSM:
-0.01
AIO:
1.08
MSM:
0.16
AIO:
1.50
MSM:
1.02
AIO:
1.22
MSM:
-0.06
AIO:
0.95
MSM:
-0.18
AIO:
3.28
MSM:
9.22%
AIO:
8.71%
MSM:
32.13%
AIO:
26.29%
MSM:
-76.60%
AIO:
-44.88%
MSM:
-17.16%
AIO:
-4.91%
Returns By Period
In the year-to-date period, MSM achieves a 11.20% return, which is significantly higher than AIO's -0.77% return.
MSM
11.20%
6.17%
-3.29%
-0.26%
2.40%
8.09%
6.13%
AIO
-0.77%
13.95%
0.20%
28.32%
19.78%
17.96%
N/A
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Risk-Adjusted Performance
MSM vs. AIO — Risk-Adjusted Performance Rank
MSM
AIO
MSM vs. AIO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MSC Industrial Direct Co., Inc. (MSM) and Virtus Artificial Intelligence & Technology Opportunities Fund (AIO). 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
MSM vs. AIO - Dividend Comparison
MSM's dividend yield for the trailing twelve months is around 4.16%, less than AIO's 7.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSM MSC Industrial Direct Co., Inc. | 4.16% | 4.47% | 3.16% | 3.72% | 3.57% | 13.63% | 3.52% | 3.08% | 2.36% | 1.88% | 2.90% | 5.81% |
AIO Virtus Artificial Intelligence & Technology Opportunities Fund | 7.61% | 7.30% | 10.34% | 11.12% | 19.97% | 9.30% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MSM vs. AIO - Drawdown Comparison
The maximum MSM drawdown since its inception was -76.60%, which is greater than AIO's maximum drawdown of -44.88%. Use the drawdown chart below to compare losses from any high point for MSM and AIO.
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Volatility
MSM vs. AIO - Volatility Comparison
MSC Industrial Direct Co., Inc. (MSM) has a higher volatility of 9.23% compared to Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) at 4.89%. This indicates that MSM's price experiences larger fluctuations and is considered to be riskier than AIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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