BFCAX vs. MGK
Compare and contrast key facts about American Funds Corporate Bond Fund (BFCAX) and Vanguard Mega Cap Growth ETF (MGK).
BFCAX is managed by American Funds. It was launched on Dec 14, 2012. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BFCAX or MGK.
Key characteristics
| BFCAX | MGK | |
|---|---|---|
| YTD Return | 2.20% | 31.65% |
| 1Y Return | 10.09% | 41.08% |
| 3Y Return (Ann) | -2.70% | 10.31% |
| 5Y Return (Ann) | -0.15% | 20.48% |
| Sharpe Ratio | 1.60 | 2.38 |
| Sortino Ratio | 2.38 | 3.07 |
| Omega Ratio | 1.29 | 1.43 |
| Calmar Ratio | 0.50 | 3.03 |
| Martin Ratio | 6.26 | 11.53 |
| Ulcer Index | 1.61% | 3.56% |
| Daily Std Dev | 6.30% | 17.25% |
| Max Drawdown | -24.55% | -48.36% |
| Current Drawdown | -12.05% | 0.00% |
Correlation
The correlation between BFCAX and MGK is 0.07, 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
BFCAX vs. MGK - Performance Comparison
In the year-to-date period, BFCAX achieves a 2.20% return, which is significantly lower than MGK's 31.65% 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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BFCAX vs. MGK - Expense Ratio Comparison
BFCAX has a 0.70% expense ratio, which is higher than MGK's 0.07% expense ratio.
Risk-Adjusted Performance
BFCAX vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Corporate Bond Fund (BFCAX) and Vanguard Mega Cap Growth ETF (MGK). 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.
Dividends
BFCAX vs. MGK - Dividend Comparison
BFCAX's dividend yield for the trailing twelve months is around 3.95%, more than MGK's 0.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BFCAX American Funds Corporate Bond Fund | 3.95% | 3.38% | 2.61% | 1.49% | 1.74% | 2.48% | 2.64% | 2.23% | 0.81% | 0.00% | 0.00% | 0.00% |
MGK Vanguard Mega Cap Growth ETF | 0.42% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% | 1.29% |
Drawdowns
BFCAX vs. MGK - Drawdown Comparison
The maximum BFCAX drawdown since its inception was -24.55%, smaller than the maximum MGK drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for BFCAX and MGK. For additional features, visit the drawdowns tool.
Volatility
BFCAX vs. MGK - Volatility Comparison
The current volatility for American Funds Corporate Bond Fund (BFCAX) is 2.03%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 5.21%. This indicates that BFCAX experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.