Meeder Quantex Fund (FLCGX)
Under normal conditions, at least 60% of the fund’s net assets will be invested in common stock, rights and warrants of mid-capitalization companies. Mid-capitalization companies are defined as those whose market capitalizations are similar to the market capitalization of companies in the S&P Midcap 400 Index, a widely used benchmark for mid-sized U.S. company stock performance. It also may invest in index funds, index-based investments, open-end investment companies, and exchange traded funds.
Fund Info
| ISIN | US58510R1014 |
|---|---|
| CUSIP | 58510R101 |
| Issuer | Meeder Funds |
| Inception Date | Mar 20, 1985 |
| Category | Mid Cap Value Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Value |
Expense Ratio
FLCGX has a high expense ratio of 1.62%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Meeder Quantex Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Meeder Quantex Fund had a return of 6.37% year-to-date (YTD) and 21.85% in the last 12 months. Over the past 10 years, Meeder Quantex Fund had an annualized return of 4.35%, while the S&P 500 had an annualized return of 10.90%, indicating that Meeder Quantex Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.37% | 11.05% |
| 1 month | 5.18% | 4.86% |
| 6 months | 17.60% | 17.50% |
| 1 year | 21.85% | 27.37% |
| 5 years (annualized) | 3.26% | 13.14% |
| 10 years (annualized) | 4.35% | 10.90% |
Monthly Returns
The table below presents the monthly returns of FLCGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.66% | 3.60% | 3.90% | -4.36% | 6.37% | ||||||||
| 2023 | 10.96% | -3.98% | -4.69% | -0.55% | -2.65% | 9.54% | 3.12% | -3.08% | -5.99% | -5.26% | 10.36% | 7.91% | 14.16% |
| 2022 | -2.96% | -0.13% | 2.44% | -7.04% | 0.81% | -10.39% | 8.33% | -3.70% | -9.53% | 9.80% | 5.53% | -5.41% | -13.77% |
| 2021 | 1.21% | 10.09% | 6.70% | 5.05% | 2.90% | -2.58% | -2.24% | 1.51% | -3.07% | 4.43% | -3.73% | -9.84% | 9.16% |
| 2020 | -5.91% | -10.65% | -28.93% | 16.95% | 3.81% | 1.71% | 5.27% | 3.54% | -3.26% | 1.64% | 14.47% | 4.55% | -5.36% |
| 2019 | 11.82% | 2.86% | -0.94% | 1.77% | -12.04% | 8.95% | -1.87% | -8.03% | 8.21% | 2.79% | 4.02% | 2.13% | 18.49% |
| 2018 | 2.50% | -5.23% | -0.76% | 1.30% | 3.15% | 2.27% | 1.93% | 2.46% | -0.66% | -8.35% | 1.11% | -11.51% | -12.35% |
| 2017 | 1.05% | 0.27% | 0.41% | 0.03% | -1.47% | 2.84% | 1.34% | -2.15% | 4.90% | 0.39% | 4.96% | 0.36% | 13.42% |
| 2016 | -7.00% | 1.93% | 11.66% | 2.99% | -0.07% | -0.19% | 5.28% | 1.07% | 0.56% | -4.81% | 9.29% | 1.02% | 22.27% |
| 2015 | -4.18% | 5.54% | -0.98% | 1.56% | -0.22% | -1.71% | -1.57% | -4.41% | -4.12% | 7.03% | 2.22% | -6.05% | -7.51% |
| 2014 | -3.34% | 5.14% | 0.96% | 0.47% | 1.08% | 4.08% | -2.50% | 4.43% | -4.99% | 2.80% | 1.09% | 0.25% | 9.31% |
| 2013 | 7.82% | 0.62% | 4.74% | 0.83% | 4.87% | -0.88% | 6.47% | -2.70% | 4.49% | 5.25% | 1.51% | 2.80% | 41.59% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FLCGX is 54, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
FLCGX (Meeder Quantex Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Meeder Quantex Fund (FLCGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Meeder Quantex Fund granted a 1.24% dividend yield in the last twelve months. The annual payout for that period amounted to $0.48 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.48 | $0.43 | $0.89 | $0.02 | $0.19 | $0.25 | $0.00 | $1.07 | $0.67 | $4.75 | $3.08 | $0.97 |
Dividend yield | 1.24% | 1.18% | 2.73% | 0.05% | 0.53% | 0.67% | 0.00% | 2.92% | 2.00% | 17.06% | 8.74% | 2.76% |
Monthly Dividends
The table displays the monthly dividend distributions for Meeder Quantex Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | |||||||
| 2023 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.16 | $0.43 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 | $0.00 | $0.00 | $0.09 | $0.89 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.25 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.07 | $1.07 |
| 2016 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.51 | $0.67 |
| 2015 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $4.64 | $4.75 |
| 2014 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $2.78 | $3.08 |
| 2013 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.93 | $0.97 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Meeder Quantex Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Meeder Quantex Fund was 70.54%, occurring on Mar 9, 2009. Recovery took 524 trading sessions.
The current Meeder Quantex Fund drawdown is 12.56%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -70.54% | Dec 6, 1999 | 2321 | Mar 9, 2009 | 524 | Apr 5, 2011 | 2845 |
| -50.45% | Sep 24, 2018 | 376 | Mar 23, 2020 | 227 | Feb 16, 2021 | 603 |
| -34.3% | Jun 9, 2021 | 332 | Sep 30, 2022 | — | — | — |
| -27.33% | Oct 6, 1987 | 231 | Aug 23, 1988 | 644 | Feb 11, 1991 | 875 |
| -26.76% | May 11, 2011 | 101 | Oct 3, 2011 | 115 | Mar 19, 2012 | 216 |
Volatility
Volatility Chart
The current Meeder Quantex Fund volatility is 3.49%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.