XPMIX vs. MDLZ
XPMIX (StepStone Private Markets Fund Class I) is Multistrategy fund actively managed by StepStone, while MDLZ (Mondelez International, Inc.) is a stock. Over the past 5 years, XPMIX returned 12.85%/yr vs 1.28%/yr for MDLZ. At a 0.06 correlation, their price movements are largely independent.
Performance
XPMIX vs. MDLZ - Performance Comparison
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Returns By Period
In the year-to-date period, XPMIX achieves a 5.73% return, which is significantly lower than MDLZ's 11.16% return.
XPMIX
- 1D
- 0.25%
- 1M
- 0.95%
- 6M
- 4.55%
- YTD
- 5.73%
- 1Y
- 10.06%
- 3Y*
- 11.73%
- 5Y*
- 12.85%
- 10Y*
- —
MDLZ
- 1D
- 0.91%
- 1M
- -7.57%
- 6M
- 8.62%
- YTD
- 11.16%
- 1Y
- -9.35%
- 3Y*
- -3.27%
- 5Y*
- 1.28%
- 10Y*
- 5.01%
XPMIX vs. MDLZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XPMIX StepStone Private Markets Fund Class I | 5.73% | 11.78% | 12.97% | 12.21% | 8.77% | 30.00% | 24.92% |
MDLZ Mondelez International, Inc. | 11.16% | -7.03% | -15.30% | 11.17% | 2.92% | 15.87% | 2.33% |
Correlation
The correlation between XPMIX and MDLZ is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2020 | 0.06 |
The correlation between XPMIX and MDLZ shifts across timeframes, from -0.03 (1 year) to 0.08 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
XPMIX vs. MDLZ — Risk / Return Rank
XPMIX
MDLZ
XPMIX vs. MDLZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for StepStone Private Markets Fund Class I (XPMIX) and Mondelez International, Inc. (MDLZ). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XPMIX | MDLZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.83 | ||
| Sortino ratioReturn per unit of downside risk | +4.39 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 0.95 | +0.55 |
| Calmar ratioReturn relative to maximum drawdown | 3.94 | -0.36 | +4.30 |
| Martin ratioReturn relative to average drawdown | 15.16 | -0.62 | +15.78 |
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Drawdowns
XPMIX vs. MDLZ - Drawdown Comparison
The maximum XPMIX drawdown since its inception was -3.71%, smaller than the maximum MDLZ drawdown of -42.52%. Use the drawdown chart below to compare losses from any high point for XPMIX and MDLZ.
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Drawdown Indicators
| XPMIX | MDLZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.71% | -42.52% | +38.81% |
Max Drawdown (1Y)Largest decline over 1 year | -2.59% | -25.93% | +23.34% |
Max Drawdown (3Y)Largest decline over 3 years | -3.13% | -29.00% | +25.87% |
Max Drawdown (5Y)Largest decline over 5 years | -3.13% | -29.14% | +26.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.74% | — |
Current DrawdownCurrent decline from peak | -0.12% | -17.68% | +17.56% |
Average DrawdownAverage peak-to-trough decline | -0.44% | -11.05% | +10.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 15.06% | -14.39% |
Volatility
XPMIX vs. MDLZ - Volatility Comparison
The current volatility for StepStone Private Markets Fund Class I (XPMIX) is 1.15%, while Mondelez International, Inc. (MDLZ) has a volatility of 8.50%. This indicates that XPMIX experiences smaller price fluctuations and is considered to be less risky than MDLZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XPMIX | MDLZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 8.50% | -7.35% |
Volatility (6M)Calculated over the trailing 6-month period | 3.44% | 17.75% | -14.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.22% | 22.99% | -18.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.91% | 19.81% | -13.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.90% | 20.97% | -11.07% |
Dividends
XPMIX vs. MDLZ - Dividend Comparison
XPMIX's dividend yield for the trailing twelve months is around 0.78%, less than MDLZ's 3.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDLZ Mondelez International, Inc. | 3.40% | 3.60% | 3.00% | 2.24% | 2.21% | 2.01% | 2.05% | 1.98% | 2.40% | 1.92% | 1.62% | 1.43% |
XPMIX StepStone Private Markets Fund Class I | 0.78% | 0.85% | 1.31% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XPMIX and MDLZ have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDLZ has higher volatility (8.50%) compared to XPMIX (1.15%). In terms of maximum drawdown, XPMIX dropped -3.71% vs MDLZ's -42.52%.
XPMIX currently has the higher Sharpe Ratio (2.42 vs -0.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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