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:
0.74
MDY:
0.75
BRMKX:
1.06
MDY:
1.15
BRMKX:
1.14
MDY:
1.14
BRMKX:
0.87
MDY:
1.40
BRMKX:
2.36
MDY:
3.20
BRMKX:
4.44%
MDY:
3.70%
BRMKX:
14.13%
MDY:
15.75%
BRMKX:
-40.20%
MDY:
-55.33%
BRMKX:
-9.76%
MDY:
-8.31%
Returns By Period
In the year-to-date period, BRMKX achieves a 1.68% return, which is significantly higher than MDY's -0.54% return.
BRMKX
1.68%
-3.02%
0.29%
8.75%
7.66%
N/A
MDY
-0.54%
-5.35%
0.72%
9.94%
10.40%
8.88%
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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 Rank
BRMKX
MDY
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 1.51%, more than MDY's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRMKX iShares Russell Mid-Cap Index Fund | 1.51% | 1.53% | 1.50% | 1.74% | 1.07% | 1.41% | 1.59% | 1.58% | 2.65% | 1.79% | 0.78% | 0.00% |
MDY SPDR S&P MidCap 400 ETF | 1.19% | 1.18% | 1.21% | 1.37% | 0.96% | 1.12% | 1.34% | 1.39% | 1.18% | 1.31% | 1.35% | 1.17% |
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
The current volatility for iShares Russell Mid-Cap Index Fund (BRMKX) is 3.50%, while SPDR S&P MidCap 400 ETF (MDY) has a volatility of 4.04%. This indicates that BRMKX experiences smaller price fluctuations and is considered to be less risky than MDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.