MVO vs. SPY
Compare and contrast key facts about MV Oil Trust (MVO) 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: MVO or SPY.
Correlation
The correlation between MVO and SPY is 0.25, 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
MVO vs. SPY - Performance Comparison
Key characteristics
MVO:
-0.70
SPY:
0.30
MVO:
-0.83
SPY:
0.56
MVO:
0.89
SPY:
1.08
MVO:
-0.49
SPY:
0.31
MVO:
-1.34
SPY:
1.40
MVO:
22.37%
SPY:
4.18%
MVO:
42.82%
SPY:
19.64%
MVO:
-89.58%
SPY:
-55.19%
MVO:
-49.23%
SPY:
-13.86%
Returns By Period
In the year-to-date period, MVO achieves a -19.80% return, which is significantly lower than SPY's -9.91% return. Over the past 10 years, MVO has underperformed SPY with an annualized return of 6.06%, while SPY has yielded a comparatively higher 11.59% annualized return.
MVO
-19.80%
-3.19%
-29.85%
-27.86%
30.61%
6.06%
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
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Risk-Adjusted Performance
MVO vs. SPY — Risk-Adjusted Performance Rank
MVO
SPY
MVO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MV Oil Trust (MVO) 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.
Dividends
MVO vs. SPY - Dividend Comparison
MVO's dividend yield for the trailing twelve months is around 20.99%, more than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MVO MV Oil Trust | 20.99% | 19.12% | 12.15% | 13.59% | 11.16% | 15.71% | 16.75% | 20.29% | 8.57% | 6.42% | 26.18% | 23.30% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MVO vs. SPY - Drawdown Comparison
The maximum MVO drawdown since its inception was -89.58%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MVO and SPY. For additional features, visit the drawdowns tool.
Volatility
MVO vs. SPY - Volatility Comparison
MV Oil Trust (MVO) has a higher volatility of 22.90% compared to SPDR S&P 500 ETF (SPY) at 14.52%. This indicates that MVO'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.