MVST vs. ^GSPC

Last updated Apr 1, 2026

Compare and contrast key facts about Microvast Holdings, Inc. (MVST) and S&P 500 Index (^GSPC).

Performance

MVST vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Microvast Holdings, Inc. (MVST) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

MVST vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
MVST Microvast Holdings, Inc.	-46.43%	35.27%	47.86%	-8.50%	-72.97%	-66.90%	71.69%	1.94%
^GSPC S&P 500 Index	-4.63%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	15.16%

Returns By Period

In the year-to-date period, MVST achieves a -46.43% return, which is significantly lower than ^GSPC's -4.63% return.

MVST

• 1D: 6.38%
• 1M: -33.04%
• YTD: -46.43%
• 6M: -61.04%
• 1Y: 28.21%
• 3Y*: 6.55%
• 5Y*: -34.53%
• 10Y*: —

^GSPC

• 1D: 2.91%
• 1M: -5.09%
• YTD: -4.63%
• 6M: -2.39%
• 1Y: 16.33%
• 3Y*: 16.69%
• 5Y*: 10.18%
• 10Y*: 12.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

MVST vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MVST

MVST Risk / Return Rank: 55
MVST Sharpe Ratio Rank: 52
MVST Sortino Ratio Rank: 62
MVST Omega Ratio Rank: 59
MVST Calmar Ratio Rank: 52
MVST Martin Ratio Rank: 51

^GSPC

^GSPC Risk / Return Rank: 74
^GSPC Sharpe Ratio Rank: 69
^GSPC Sortino Ratio Rank: 68
^GSPC Omega Ratio Rank: 76
^GSPC Calmar Ratio Rank: 73
^GSPC Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MVST vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Microvast Holdings, Inc. (MVST) and S&P 500 Index (^GSPC). 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.

	MVST	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.28	0.90	-0.62
Sortino ratio Return per unit of downside risk	1.23	1.39	-0.16
Omega ratio Gain probability vs. loss probability	1.15	1.21	-0.06
Calmar ratio Return relative to maximum drawdown	0.39	1.40	-1.01
Martin ratio Return relative to average drawdown	0.76	6.61	-5.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MVST vs. ^GSPC - Sharpe Ratio Comparison

The current MVST Sharpe Ratio is 0.28, which is lower than the ^GSPC Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of MVST and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MVST	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	0.90	-0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.19	0.61	-0.79
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.15	0.46	-0.60

Correlation

The correlation between MVST and ^GSPC is 0.26, 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.

Drawdowns

MVST vs. ^GSPC - Drawdown Comparison

The maximum MVST drawdown since its inception was -99.34%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for MVST and ^GSPC.

Drawdown Indicators

	MVST	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-99.34%	-56.78%	-42.56%
Max Drawdown (1Y) Largest decline over 1 year	-77.97%	-12.14%	-65.83%
Max Drawdown (5Y) Largest decline over 5 years	-98.91%	-25.43%	-73.48%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.92%	—
Current Drawdown Current decline from peak	-93.88%	-6.45%	-87.43%
Average Drawdown Average peak-to-trough decline	-62.48%	-10.75%	-51.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.16%	2.57%	+37.59%

Volatility

MVST vs. ^GSPC - Volatility Comparison

Microvast Holdings, Inc. (MVST) has a higher volatility of 46.99% compared to S&P 500 Index (^GSPC) at 5.34%. This indicates that MVST's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MVST	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	46.99%	5.34%	+41.65%
Volatility (6M) Calculated over the trailing 6-month period	69.44%	9.54%	+59.90%
Volatility (1Y) Calculated over the trailing 1-year period	101.71%	18.33%	+83.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	186.88%	16.91%	+169.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	160.96%	18.05%	+142.91%