Correlation
The correlation between MTUAY and SPY is 0.24, 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.
MTUAY vs. SPY
Compare and contrast key facts about MTU Aero Engines AG (MTUAY) 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: MTUAY or SPY.
Performance
MTUAY vs. SPY - Performance Comparison
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Key characteristics
MTUAY:
1.95
SPY:
0.70
MTUAY:
2.47
SPY:
1.02
MTUAY:
1.36
SPY:
1.15
MTUAY:
2.73
SPY:
0.68
MTUAY:
10.97
SPY:
2.57
MTUAY:
5.62%
SPY:
4.93%
MTUAY:
31.76%
SPY:
20.42%
MTUAY:
-63.73%
SPY:
-55.19%
MTUAY:
-0.50%
SPY:
-3.55%
Returns By Period
In the year-to-date period, MTUAY achieves a 21.11% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, MTUAY has outperformed SPY with an annualized return of 16.92%, while SPY has yielded a comparatively lower 12.73% annualized return.
MTUAY
21.11%
17.78%
18.66%
62.79%
28.02%
21.16%
16.92%
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
MTUAY vs. SPY — Risk-Adjusted Performance Rank
MTUAY
SPY
MTUAY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MTU Aero Engines AG (MTUAY) 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
MTUAY vs. SPY - Dividend Comparison
MTUAY's dividend yield for the trailing twelve months is around 0.62%, less than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTUAY MTU Aero Engines AG | 0.62% | 0.65% | 1.64% | 1.07% | 0.73% | 1.43% | 1.13% | 1.56% | 1.14% | 1.65% | 1.60% | 2.14% |
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
MTUAY vs. SPY - Drawdown Comparison
The maximum MTUAY drawdown since its inception was -63.73%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MTUAY and SPY.
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Volatility
MTUAY vs. SPY - Volatility Comparison
MTU Aero Engines AG (MTUAY) has a higher volatility of 7.78% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that MTUAY'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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