Correlation
The correlation between VLVLY and MOD is 0.40, 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.
VLVLY vs. MOD
Compare and contrast key facts about Volvo AB ADR (VLVLY) and Modine Manufacturing Company (MOD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLVLY or MOD.
Performance
VLVLY vs. MOD - Performance Comparison
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Key characteristics
VLVLY:
0.36
MOD:
-0.14
VLVLY:
0.71
MOD:
0.33
VLVLY:
1.09
MOD:
1.05
VLVLY:
0.42
MOD:
-0.18
VLVLY:
1.25
MOD:
-0.39
VLVLY:
8.61%
MOD:
24.35%
VLVLY:
32.27%
MOD:
74.31%
VLVLY:
-49.45%
MOD:
-97.53%
VLVLY:
-9.88%
MOD:
-36.60%
Fundamentals
VLVLY:
$56.61B
MOD:
$4.76B
VLVLY:
$2.34
MOD:
$3.42
VLVLY:
11.87
MOD:
26.55
VLVLY:
0.11
MOD:
1.84
VLVLY:
2.80
MOD:
5.23
VLVLY:
$517.43B
MOD:
$1.94B
VLVLY:
$138.19B
MOD:
$479.70M
VLVLY:
$86.36B
MOD:
$271.30M
Returns By Period
In the year-to-date period, VLVLY achieves a 22.94% return, which is significantly higher than MOD's -21.68% return.
VLVLY
22.94%
3.50%
20.14%
11.45%
24.88%
24.15%
N/A
MOD
-21.68%
4.37%
-33.13%
-10.03%
97.31%
76.18%
23.07%
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Risk-Adjusted Performance
VLVLY vs. MOD — Risk-Adjusted Performance Rank
VLVLY
MOD
VLVLY vs. MOD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Volvo AB ADR (VLVLY) and Modine Manufacturing Company (MOD). 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.
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Dividends
VLVLY vs. MOD - Dividend Comparison
VLVLY's dividend yield for the trailing twelve months is around 6.65%, while MOD has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
VLVLY Volvo AB ADR | 6.65% | 7.09% | 5.03% | 7.63% | 12.71% | 2.24% | 6.44% | 4.10% | 1.86% | 3.04% |
MOD Modine Manufacturing Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VLVLY vs. MOD - Drawdown Comparison
The maximum VLVLY drawdown since its inception was -49.45%, smaller than the maximum MOD drawdown of -97.53%. Use the drawdown chart below to compare losses from any high point for VLVLY and MOD.
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Volatility
VLVLY vs. MOD - Volatility Comparison
The current volatility for Volvo AB ADR (VLVLY) is 6.42%, while Modine Manufacturing Company (MOD) has a volatility of 17.83%. This indicates that VLVLY experiences smaller price fluctuations and is considered to be less risky than MOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
VLVLY vs. MOD - Financials Comparison
This section allows you to compare key financial metrics between Volvo AB ADR and Modine Manufacturing Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities