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MWMIX vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between MWMIX and ^GSPC is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

MWMIX vs. ^GSPC

Last updated Jun 1, 2025

Compare and contrast key facts about VanEck Morningstar Wide Moat Fund (MWMIX) and S&P 500 (^GSPC).

MWMIX is managed by VanEck. It was launched on Nov 6, 2017.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MWMIX or ^GSPC.

Performance

MWMIX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Morningstar Wide Moat Fund (MWMIX) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

MWMIX:

-0.13

^GSPC:

0.66

Sortino Ratio

MWMIX:

-0.13

^GSPC:

0.94

Omega Ratio

MWMIX:

0.98

^GSPC:

1.14

Calmar Ratio

MWMIX:

-0.16

^GSPC:

0.60

Martin Ratio

MWMIX:

-0.42

^GSPC:

2.28

Ulcer Index

MWMIX:

10.63%

^GSPC:

5.01%

Daily Std Dev

MWMIX:

21.65%

^GSPC:

19.77%

Max Drawdown

MWMIX:

-36.84%

^GSPC:

-56.78%

Current Drawdown

MWMIX:

-15.59%

^GSPC:

-3.78%

Returns By Period

In the year-to-date period, MWMIX achieves a -3.30% return, which is significantly lower than ^GSPC's 0.51% return.

MWMIX

YTD

-3.30%

1M

4.53%

6M

-15.32%

1Y

-3.86%

3Y*

2.08%

5Y*

3.73%

10Y*

N/A

^GSPC

YTD

0.51%

1M

5.49%

6M

-2.00%

1Y

12.02%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

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VanEck Morningstar Wide Moat Fund

S&P 500

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

MWMIX vs. ^GSPC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MWMIX
The Risk-Adjusted Performance Rank of MWMIX is 55
Overall Rank
The Sharpe Ratio Rank of MWMIX is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of MWMIX is 55
Sortino Ratio Rank
The Omega Ratio Rank of MWMIX is 55
Omega Ratio Rank
The Calmar Ratio Rank of MWMIX is 55
Calmar Ratio Rank
The Martin Ratio Rank of MWMIX is 55
Martin Ratio Rank
^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 6363
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 5959
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 6262
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 6363
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 6969
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MWMIX vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Wide Moat Fund (MWMIX) and S&P 500 (^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.

The current MWMIX Sharpe Ratio is -0.13, which is lower than the ^GSPC Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of MWMIX 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.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Drawdowns

MWMIX vs. ^GSPC - Drawdown Comparison

The maximum MWMIX drawdown since its inception was -36.84%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for MWMIX and ^GSPC.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

MWMIX vs. ^GSPC - Volatility Comparison

VanEck Morningstar Wide Moat Fund (MWMIX) has a higher volatility of 6.21% compared to S&P 500 (^GSPC) at 4.77%. This indicates that MWMIX'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.

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