MZDAY vs. SPY
Compare and contrast key facts about Mazda Motor Corporation (MZDAY) 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: MZDAY or SPY.
Correlation
The correlation between MZDAY and SPY is 0.15, 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
MZDAY vs. SPY - Performance Comparison
Key characteristics
MZDAY:
-1.14
SPY:
0.51
MZDAY:
-1.70
SPY:
0.86
MZDAY:
0.79
SPY:
1.13
MZDAY:
-0.57
SPY:
0.55
MZDAY:
-1.27
SPY:
2.26
MZDAY:
34.65%
SPY:
4.55%
MZDAY:
38.74%
SPY:
20.08%
MZDAY:
-79.34%
SPY:
-55.19%
MZDAY:
-73.50%
SPY:
-9.89%
Returns By Period
In the year-to-date period, MZDAY achieves a -10.39% return, which is significantly lower than SPY's -5.76% return. Over the past 10 years, MZDAY has underperformed SPY with an annualized return of -9.74%, while SPY has yielded a comparatively higher 11.99% annualized return.
MZDAY
-10.39%
-14.20%
-13.47%
-43.23%
3.30%
-9.74%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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Risk-Adjusted Performance
MZDAY vs. SPY — Risk-Adjusted Performance Rank
MZDAY
SPY
MZDAY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mazda Motor Corporation (MZDAY) 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
MZDAY vs. SPY - Dividend Comparison
MZDAY has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.30%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MZDAY Mazda Motor Corporation | 0.00% | 0.00% | 3.21% | 3.95% | 0.00% | 2.79% | 3.74% | 3.03% | 2.32% | 1.70% | 0.97% | 0.20% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MZDAY vs. SPY - Drawdown Comparison
The maximum MZDAY drawdown since its inception was -79.34%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MZDAY and SPY. For additional features, visit the drawdowns tool.
Volatility
MZDAY vs. SPY - Volatility Comparison
Mazda Motor Corporation (MZDAY) has a higher volatility of 23.66% compared to SPDR S&P 500 ETF (SPY) at 15.12%. This indicates that MZDAY'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.