BRMKX vs. MDY
Compare and contrast key facts about iShares Russell Mid-Cap Index Fund (BRMKX) and SPDR S&P MidCap 400 ETF (MDY).
BRMKX is managed by Blackrock. It was launched on May 13, 2015. MDY is a passively managed fund by State Street that tracks the performance of the S&P MidCap 400 Index. It was launched on May 4, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRMKX or MDY.
Correlation
The correlation between BRMKX and MDY is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BRMKX vs. MDY - Performance Comparison
Key characteristics
BRMKX:
0.91
MDY:
0.97
BRMKX:
1.26
MDY:
1.43
BRMKX:
1.17
MDY:
1.18
BRMKX:
1.08
MDY:
1.86
BRMKX:
4.63
MDY:
5.21
BRMKX:
2.82%
MDY:
2.98%
BRMKX:
14.35%
MDY:
15.99%
BRMKX:
-40.20%
MDY:
-55.33%
BRMKX:
-10.77%
MDY:
-7.71%
Returns By Period
In the year-to-date period, BRMKX achieves a 10.76% return, which is significantly lower than MDY's 13.77% return.
BRMKX
10.76%
-7.64%
5.35%
11.58%
9.11%
N/A
MDY
13.77%
-3.19%
7.22%
13.94%
10.12%
9.38%
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BRMKX vs. MDY - Expense Ratio Comparison
BRMKX has a 0.06% expense ratio, which is lower than MDY's 0.23% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BRMKX vs. MDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Mid-Cap Index Fund (BRMKX) and SPDR S&P MidCap 400 ETF (MDY). 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
BRMKX vs. MDY - Dividend Comparison
BRMKX's dividend yield for the trailing twelve months is around 1.09%, less than MDY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRMKX iShares Russell Mid-Cap Index Fund | 1.09% | 1.50% | 1.74% | 1.07% | 1.41% | 1.59% | 1.58% | 2.65% | 1.79% | 0.78% | 0.00% | 0.00% |
MDY SPDR S&P MidCap 400 ETF | 1.18% | 1.21% | 1.37% | 0.96% | 1.12% | 1.34% | 1.39% | 1.18% | 1.31% | 1.35% | 1.17% | 1.07% |
Drawdowns
BRMKX vs. MDY - Drawdown Comparison
The maximum BRMKX drawdown since its inception was -40.20%, smaller than the maximum MDY drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for BRMKX and MDY. For additional features, visit the drawdowns tool.
Volatility
BRMKX vs. MDY - Volatility Comparison
iShares Russell Mid-Cap Index Fund (BRMKX) has a higher volatility of 7.08% compared to SPDR S&P MidCap 400 ETF (MDY) at 5.38%. This indicates that BRMKX's price experiences larger fluctuations and is considered to be riskier than MDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.