SPG vs. MA

Last updated Apr 1, 2026

Compare and contrast key facts about Simon Property Group, Inc. (SPG) and Mastercard Inc (MA).

Performance

SPG vs. MA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simon Property Group, Inc. (SPG) and Mastercard Inc (MA). The values are adjusted to include any dividend payments, if applicable.

SPG vs. MA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPG Simon Property Group, Inc.	1.93%	12.94%	26.92%	29.24%	-21.91%	95.72%	-38.64%	-6.74%	2.55%	0.98%
MA Mastercard Inc	-12.34%	9.04%	24.17%	23.40%	-2.66%	1.16%	20.19%	59.16%	25.31%	47.69%

Fundamentals

EPS SPG : $7.18 MA : $16.56
PE Ratio SPG : 25.98 MA : 30.18
PEG Ratio SPG : 1.07 MA : 1.39
PS Ratio SPG : 6.39 MA : 13.77
Total Revenue (TTM) SPG : $6.36B MA : $32.79B
Gross Profit (TTM) SPG : $5.33B MA : $27.36B
EBITDA (TTM) SPG : $4.69B MA : $20.19B

Returns By Period

In the year-to-date period, SPG achieves a 1.93% return, which is significantly higher than MA's -12.34% return. Over the past 10 years, SPG has underperformed MA with an annualized return of 4.07%, while MA has yielded a comparatively higher 18.66% annualized return.

SPG

• 1D: 2.29%
• 1M: -7.44%
• YTD: 1.93%
• 6M: 1.78%
• 1Y: 17.91%
• 3Y*: 24.98%
• 5Y*: 16.40%
• 10Y*: 4.07%

MA

• 1D: 1.15%
• 1M: -3.39%
• YTD: -12.34%
• 6M: -11.91%
• 1Y: -8.31%
• 3Y*: 11.85%
• 5Y*: 7.19%
• 10Y*: 18.66%

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

Return for Risk

SPG vs. MA — Risk / Return Rank

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

SPG

SPG Risk / Return Rank: 66
SPG Sharpe Ratio Rank: 68
SPG Sortino Ratio Rank: 59
SPG Omega Ratio Rank: 62
SPG Calmar Ratio Rank: 66
SPG Martin Ratio Rank: 73

MA

MA Risk / Return Rank: 26
MA Sharpe Ratio Rank: 26
MA Sortino Ratio Rank: 23
MA Omega Ratio Rank: 23
MA Calmar Ratio Rank: 31
MA Martin Ratio Rank: 27

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.

SPG vs. MA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simon Property Group, Inc. (SPG) and Mastercard Inc (MA). 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.

	SPG	MA	Difference
Sharpe ratio Return per unit of total volatility	0.72	-0.35	+1.07
Sortino ratio Return per unit of downside risk	1.11	-0.32	+1.43
Omega ratio Gain probability vs. loss probability	1.16	0.96	+0.21
Calmar ratio Return relative to maximum drawdown	1.09	-0.37	+1.46
Martin ratio Return relative to average drawdown	3.81	-0.91	+4.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPG vs. MA - Sharpe Ratio Comparison

The current SPG Sharpe Ratio is 0.72, which is higher than the MA Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of SPG and MA, 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

	SPG	MA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	-0.35	+1.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.30	+0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.11	0.70	-0.59
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.84	-0.47

Correlation

The correlation between SPG and MA is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SPG vs. MA - Dividend Comparison

SPG's dividend yield for the trailing twelve months is around 4.64%, more than MA's 0.63% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPG Simon Property Group, Inc.	4.64%	4.62%	4.70%	5.22%	5.87%	3.66%	7.04%	5.57%	4.70%	4.16%	3.66%	3.11%
MA Mastercard Inc	0.63%	0.53%	0.50%	0.53%	0.56%	0.49%	0.45%	0.44%	0.53%	0.58%	0.74%	0.66%

Drawdowns

SPG vs. MA - Drawdown Comparison

The maximum SPG drawdown since its inception was -77.00%, which is greater than MA's maximum drawdown of -62.67%. Use the drawdown chart below to compare losses from any high point for SPG and MA.

Drawdown Indicators

	SPG	MA	Difference
Max Drawdown Largest peak-to-trough decline	-77.00%	-62.67%	-14.33%
Max Drawdown (1Y) Largest decline over 1 year	-17.63%	-18.92%	+1.29%
Max Drawdown (5Y) Largest decline over 5 years	-45.84%	-28.25%	-17.59%
Max Drawdown (10Y) Largest decline over 10 years	-77.00%	-41.00%	-36.00%
Current Drawdown Current decline from peak	-7.44%	-16.34%	+8.90%
Average Drawdown Average peak-to-trough decline	-13.91%	-9.76%	-4.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.04%	7.71%	-2.67%

Volatility

SPG vs. MA - Volatility Comparison

Simon Property Group, Inc. (SPG) and Mastercard Inc (MA) have volatilities of 6.96% and 6.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPG	MA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.96%	6.83%	+0.13%
Volatility (6M) Calculated over the trailing 6-month period	13.45%	16.10%	-2.65%
Volatility (1Y) Calculated over the trailing 1-year period	24.97%	24.21%	+0.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.74%	23.87%	+2.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.07%	26.79%	+10.28%

Financials

SPG vs. MA - Profitability Comparison

The chart below illustrates the profitability comparison between Simon Property Group, Inc. and Mastercard Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SPG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Simon Property Group, Inc. reported a gross profit of 1.51B and revenue of 1.79B. Therefore, the gross margin over that period was 84.5%.

MA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Mastercard Inc reported a gross profit of 8.81B and revenue of 8.81B. Therefore, the gross margin over that period was 100.0%.

SPG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Simon Property Group, Inc. reported an operating income of 890.67M and revenue of 1.79B, resulting in an operating margin of 49.7%.

MA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Mastercard Inc reported an operating income of 4.91B and revenue of 8.81B, resulting in an operating margin of 55.8%.

SPG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Simon Property Group, Inc. reported a net income of 9.35K and revenue of 1.79B, resulting in a net margin of 0.0%.

MA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Mastercard Inc reported a net income of 4.06B and revenue of 8.81B, resulting in a net margin of 46.1%.