MTUAY vs. SGOV
MTUAY (MTU Aero Engines AG) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 5 years, MTUAY returned 11.99%/yr vs 3.66%/yr for SGOV. Their 0.01 correlation means their historical movements had little consistent relationship.
Performance
MTUAY vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, MTUAY achieves a 1.83% return, which is significantly lower than SGOV's 2.11% return.
MTUAY
- 1D
- 0.94%
- 1M
- -1.97%
- 6M
- -3.78%
- YTD
- 1.83%
- 1Y
- -0.49%
- 3Y*
- 22.16%
- 5Y*
- 11.99%
- 10Y*
- 16.81%
- ALL TIME*
- 20.24%
SGOV
- 1D
- 0.02%
- 1M
- 0.27%
- 6M
- 1.81%
- YTD
- 2.11%
- 1Y
- 3.83%
- 3Y*
- 4.64%
- 5Y*
- 3.66%
- 10Y*
- —
- ALL TIME*
- 2.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
MTUAY MTU Aero Engines AG | $5.54M | $4.44M | $5.26M |
| $1.83B | $1.81B | $2.03B |
MTUAY vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MTUAY MTU Aero Engines AG | 1.83% | 26.67% | 54.85% | 1.39% | 7.65% | -21.51% | 53.70% |
SGOV iShares 0-3 Month Treasury Bond ETF | 2.11% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.04% |
Correlation
The correlation between MTUAY and SGOV is -0.13, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.13 |
Correlation (3Y) Balances recent behavior with more history. | -0.05 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.01 |
Correlation (All Time) Calculated using the full available price history since May 28, 2020 | 0.01 |
The correlation between MTUAY and SGOV shifts across timeframes, from -0.13 (1 year) to 0.01 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MTUAY vs. SGOV — Risk / Return Rank
MTUAY
SGOV
MTUAY vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MTU Aero Engines AG (MTUAY) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MTUAY | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -20.82 | ||
| Sortino ratioReturn per unit of downside risk | -381.63 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 382.06 | -381.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 389.90 | -389.95 |
| Martin ratioReturn relative to average drawdown | -0.10 | 6,177.21 | -6,177.31 |
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Drawdowns
MTUAY vs. SGOV - Drawdown Comparison
The maximum MTUAY drawdown since its inception was -64.31%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for MTUAY and SGOV.
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Drawdown Indicators
| MTUAY | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.31% | -0.03% | -64.28% |
Max Drawdown (1Y)Largest decline over 1 year | -32.62% | -0.01% | -32.61% |
Max Drawdown (3Y)Largest decline over 3 years | -32.62% | -0.01% | -32.61% |
Max Drawdown (5Y)Largest decline over 5 years | -39.80% | -0.03% | -39.77% |
Max Drawdown (10Y)Largest decline over 10 years | -64.31% | — | — |
Current DrawdownCurrent decline from peak | -10.77% | 0.00% | -10.77% |
Average DrawdownAverage peak-to-trough decline | -12.31% | 0.00% | -12.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.82% | 0.00% | +14.82% |
Volatility
MTUAY vs. SGOV - Volatility Comparison
MTU Aero Engines AG (MTUAY) has a higher volatility of 8.62% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that MTUAY's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTUAY | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.62% | 0.05% | +8.57% |
Volatility (6M)Calculated over the trailing 6-month period | 29.43% | 0.13% | +29.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.00% | 0.19% | +33.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.32% | 0.24% | +32.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.69% | 0.23% | +35.46% |
Dividends
MTUAY vs. SGOV - Dividend Comparison
MTUAY's dividend yield for the trailing twelve months is around 1.01%, less than SGOV's 3.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
MTUAY MTU Aero Engines AG | 1.01% | 0.60% | 0.66% | 1.63% | 1.07% | 0.73% | 1.02% | 0.79% | 1.11% | 1.85% | 2.87% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.43% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MTUAY and SGOV have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTUAY has higher volatility (8.62%) compared to SGOV (0.05%). In terms of maximum drawdown, MTUAY dropped -64.31% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.78 vs -0.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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