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:
-1.24
SPY:
1.91
MVO:
-1.82
SPY:
2.57
MVO:
0.77
SPY:
1.35
MVO:
-0.77
SPY:
2.88
MVO:
-2.34
SPY:
11.96
MVO:
19.50%
SPY:
2.03%
MVO:
36.75%
SPY:
12.68%
MVO:
-89.59%
SPY:
-55.19%
MVO:
-55.98%
SPY:
0.00%
Returns By Period
In the year-to-date period, MVO achieves a -30.47% return, which is significantly lower than SPY's 4.34% return. Over the past 10 years, MVO has underperformed SPY with an annualized return of 2.49%, while SPY has yielded a comparatively higher 13.21% annualized return.
MVO
-30.47%
-27.41%
-38.65%
-45.41%
16.45%
2.49%
SPY
4.34%
2.33%
10.15%
23.99%
14.44%
13.21%
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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 24.13%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MVO MV Oil Trust | 24.13% | 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 | 1.16% | 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 -89.59%, 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 19.67% compared to SPDR S&P 500 ETF (SPY) at 3.13%. 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.