^SPTSX60 vs. MSA.TO
Compare and contrast key facts about S&P/TSX 60 Index (^SPTSX60) and Mineros S.A. (MSA.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SPTSX60 or MSA.TO.
Key characteristics
| ^SPTSX60 | MSA.TO | |
|---|---|---|
| YTD Return | 8.59% | 83.05% |
| 1Y Return | 13.83% | 116.85% |
| Sharpe Ratio | 1.17 | 3.23 |
| Daily Std Dev | 11.35% | 36.17% |
| Max Drawdown | -49.15% | -47.75% |
| Current Drawdown | -1.98% | -19.23% |
Correlation
The correlation between ^SPTSX60 and MSA.TO is 0.31, 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
^SPTSX60 vs. MSA.TO - Performance Comparison
In the year-to-date period, ^SPTSX60 achieves a 8.59% return, which is significantly lower than MSA.TO's 83.05% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^SPTSX60 vs. MSA.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P/TSX 60 Index (^SPTSX60) and Mineros S.A. (MSA.TO). 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.
Drawdowns
^SPTSX60 vs. MSA.TO - Drawdown Comparison
The maximum ^SPTSX60 drawdown since its inception was -49.15%, roughly equal to the maximum MSA.TO drawdown of -47.75%. Use the drawdown chart below to compare losses from any high point for ^SPTSX60 and MSA.TO. For additional features, visit the drawdowns tool.
Volatility
^SPTSX60 vs. MSA.TO - Volatility Comparison
The current volatility for S&P/TSX 60 Index (^SPTSX60) is 3.91%, while Mineros S.A. (MSA.TO) has a volatility of 6.85%. This indicates that ^SPTSX60 experiences smaller price fluctuations and is considered to be less risky than MSA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.