MTR vs. SPY
Compare and contrast key facts about Mesa Royalty Trust (MTR) 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: MTR or SPY.
Correlation
The correlation between MTR and SPY is 0.09, 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
MTR vs. SPY - Performance Comparison
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Key characteristics
MTR:
-0.83
SPY:
0.68
MTR:
-1.20
SPY:
1.13
MTR:
0.87
SPY:
1.17
MTR:
-0.38
SPY:
0.76
MTR:
-1.12
SPY:
2.93
MTR:
32.56%
SPY:
4.87%
MTR:
44.71%
SPY:
20.29%
MTR:
-97.99%
SPY:
-55.19%
MTR:
-95.91%
SPY:
-3.85%
Returns By Period
In the year-to-date period, MTR achieves a -13.68% return, which is significantly lower than SPY's 0.56% return. Over the past 10 years, MTR has underperformed SPY with an annualized return of -5.67%, while SPY has yielded a comparatively higher 12.67% annualized return.
MTR
-13.68%
2.71%
-13.47%
-37.13%
4.24%
-5.67%
SPY
0.56%
8.99%
-0.98%
13.71%
17.23%
12.67%
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Risk-Adjusted Performance
MTR vs. SPY — Risk-Adjusted Performance Rank
MTR
SPY
MTR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mesa Royalty Trust (MTR) 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
MTR vs. SPY - Dividend Comparison
MTR's dividend yield for the trailing twelve months is around 3.72%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTR Mesa Royalty Trust | 3.72% | 3.57% | 11.28% | 8.95% | 6.87% | 7.15% | 13.10% | 10.98% | 8.20% | 5.94% | 13.75% | 13.66% |
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
MTR vs. SPY - Drawdown Comparison
The maximum MTR drawdown since its inception was -97.99%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MTR and SPY. For additional features, visit the drawdowns tool.
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Volatility
MTR vs. SPY - Volatility Comparison
Mesa Royalty Trust (MTR) has a higher volatility of 9.43% compared to SPDR S&P 500 ETF (SPY) at 6.24%. This indicates that MTR's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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